The Board of Directors of the Financial Regulatory Authority (FRA), chaired by Dr. Islam Azzam, issued a decision extending the deadline for submitting periodic financial statements for insurance companies and insurance pools (ending March 31, 2026) to June 15, 2026.
Decision No. (97) of 2026 stipulates: extending the deadline for submitting periodic financial statements for insurance companies and insurance pools for the financial period ending March 31, 2026, along with the accompanying disclosures and the auditor's report, to June 15, 2026.
This comes as part of the FRA's efforts to facilitate matters for companies operating in the insurance sector and to provide them with the opportunity and flexibility to prepare their financial statements and submit the accompanying disclosures and the auditor's report, in accordance with the Unified Insurance Law No. (155) of 2024 and the regulatory decisions issued by the FRA.
The Board of Directors of the Authority had previously issued Resolution No. (82) of 2026 extending the deadline for presenting the annual financial statements to the General Assembly of insurance companies and insurance pools for the fiscal year ending on December 31, 2025, along with the accompanying disclosures and the auditor's report thereon, accompanied by the Board of Directors' report, to a deadline of May 15, 2026.
It is worth noting that the Financial Regulatory Authority recently completed the regulatory framework for the insurance sector with its various activities and entities, including companies, funds, pools, professional functions, and support agencies, to ensure the activation of all provisions of the Unified Insurance Law No. (155) of 2024. In addition, Dr. Islam Azzam, Chairman of the Authority, conducted a community dialogue with all insurance activities and professions, and presented initiatives and policies to support raising the efficiency of the insurance market, in order to achieve the goals of social protection, financial sustainability, and economic inclusion.