Our opinion
In our opinion, the accompanying summary financial information derived from the audited financial statements of American Home Assurance Company - Dubai Branch (the "Branch") for the year ended 31 December 2023 is consistent, in all material respects, with those audited financial statements.
The summary financial information
The Branch's summary financial information derived from the audited financial statements of the Branch for the year ended 31 December 2023 comprises:
. The summary statement of financial position as at 31 December 2023; and
. The summary statement of profit and loss and other comprehensive income for the year then ended.
The summary financial information does not contain all the disclosures required by IFRS Accounting Standards. Reading the summary financial information, and the auditor's report thereon, therefore, is not a substitute for reading the audited financial statements and the auditor's report thereon. The audited financial statements, and the summary financial information, do not reflect the effects of events that occurred subsequent to the date of our report on the audited financial statements.
The audited financial statements and our audit report thereon
We expressed an unqualified audit opinion on the audited financial statements in our report dated 29 March 2024
Responsibilities of management for the summary financial information
Management is responsible for the preparation of the summary financial information in accordance with the requirements of the Central Bank of the United Arab Emirates ("CBUAE").
Auditor's responsibility
Our responsibility is to express an opinion on whether the summary financial information is consistent, in all material respects, with the audited financial statements based on our procedures, which were conducted in accordance with International Standard on Auditing 810 (Revised), 'Engagements to Report on Summary Financial Statements'.
Restriction on distribution and use
The summary financial information has been prepared for the sole use of the management of the Branch to assist them in complying with their reporting obligation as per the CBUAE requirements and should not be distributed to any other parties as it may not be suitable for another purpose.
PricewaterhouseCoopers Limited Partnership Dubai Branch 5 April 2024
Stuart Alexander Scoular
Registered Auditor Number: 5563 Place: Dubai, United Arab Emirates