FRA Extends Financial Statement Deadlines for Insurance Companies – Thursday 11 September 2025

  • A one-and-a-half-month extension has been granted for the submission of financial statements for the period ending June 30, 2025. The new deadline is now October 31, 2025.
  • The decision was made to facilitate operations for companies and to ensure a favorable business environment that supports their growth and development.

 

 FRA Board of Directors has issued Resolution No. 223 of 2025, extending the deadline for insurance companies to submit their periodic financial statements.

This decision reflects FRA’s ongoing commitment to foster a favorable business environment that supports the insurance sector’s growth and development. The extension provides companies with the necessary time to prepare their financial statements in full compliance with the new rules of the Unified Insurance Law No. 155 of 2024.

FRA has extended the deadline for insurance companies to submit their periodic financial statements for the financial period ending June 30, 2025. The new deadline is now October 31, 2025, a one-and-a-half-month extension from the original date of September 15, 2025. Companies must provide their auditor with the board-approved financial statements for review by September 21, 2025 and notify the Authority accordingly. The resolution also grants an additional 15-days extension to companies whose investments include one or more insurance firms.

FRA is dedicated to strengthen the insurance sector by continuously developing its legislative and regulatory frameworks. Through these efforts and supportive policies, FRA aims to boost market efficiency and achieve key goals of social protection, financial sustainability and broad access to insurance services.

Last modified: September 14, 2025
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