Foreword
In this month’s edition, my first one since receiving the baton from Zanie, we focus the spotlight on risk in the insurance sector, a very topical matter in the PNG landscape given the importance of the local insurance industry. We also provide a more detailed update on certain aspects of the IPA Data Migration that is underway in 2023.
We highlight IRC’s signing of an MOU with the Bank South Pacific on critical information sharing and share some positive news on the proposed re-activation of the Multiple Entry Short Term Business Visa.
In the coming editions we will continue to bring to you further insights on our service offerings and market intelligence on a range of topics to keep you up to speed with developments in the market. So watch this space.
KPMG in PNG has dedicated in-house specialists in all the following areas: internal audit/risk, visa migration, corporate finance, management consulting, IT advisory, fraud investigation as well as tax and assurance. As such we are well placed to provide a truly multi-disciplined approach to business advisory.
Enjoy the read this month and reach out with any enquiries at kmcentee@kpmg.com.au if you would like to see KPMG cover specific topics in future editions.
In this Month's Kundu
A spotlight on risk for the insurance sector
by Zanie Theron, South Pacific Partner in Charge
From hailstorms, COVID-19, recent floods and other natural disasters, the insurance sector is managing challenges on many fronts not least of all the regulatory compliance requirements. Now more than ever an efficient and effective way to mitigate risk is needed
Other topics covered include:
- IPA data migration
- IRC signs MOU with BSP bank
- Multiple entry business visas
Our social media presence
As usual, you may access our regular multi-disciplined thought leadership pieces, newsletters, and updates on our KPMG PNG LinkedIn page.
Also, connect via our webpage www.kpmg.com.pg and Facebook https://www.facebook.com/pngkpmg
Please enjoy this month’s Kundu and reach out to us at kmcentee@kpmg.com.au if you would like to see KPMG cover specific topics in future editions