Originally published by NTV Kenya — Read the original article →
The insurance sector is undergoing a significant shift as the switch from IFRS4 to IFRS17 brings about a transition from legacy fragmented & non-comparable accounting rules to a framework that enforces a single, standardised & market-consistent framework. We speak to the Group Chief Financial Officer of AAR Insurance, Hosea Kiprop, to take stock of the state of the industry & emerging trends.