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Sri Lanka: Non-life insurers performance to weaken on ceding all strike, riot & terrorism premiums to reinsurer

A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism (SRCCT) premiums to state-owned National Insurance Trust Fund Board (NITF) should benefit NITF while the underwriting profitability of non-life insurers is likely to worsen,

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Sri Lanka s Motor Insurance Changes to Hit Non-Life Sector: Fitch Ratings – Lanka Business Online

Sri Lanka s Motor Insurance Changes to Hit Non-Life Sector: Fitch Ratings – Lanka Business Online
lankabusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankabusinessonline.com Daily Mail and Mail on Sunday newspapers.

Sri lankaSri lankanNational insurance trust fund boardFitch ratingsFitch rated sri lankanRating watch negativeLong term local currency issuer default ratingRestricted default

Sri Lanka s motor insurance changes to hit non-life sector: Fitch

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. ..

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Fitch affirms National IFS of 7 Sri Lankan insurers

Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) Ratings of seven Sri Lankan insurers, removed them from Rating Watch Negative

Sri lankaSri lankanConstruction guarantee fundSri lanka insurance corporation limitedFitch ratingsNational insurer financial strengthContinental insurance lankaNational insurance trust fund boardInsurance companyPeople insuranceRating watch negativeContinental insurance lanka limitedInsurance limitedCo operative insurance companyLong term local currency issuer default rating

Fitch affirms ratings on 7 Lankan insurers

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. ..

Sri lankaSri lankanPeople insuranceInsurance ltdNational insurer financial strengthFitch ratingsSri lanka insurance corporation ltdNational insurance trust fund boardConstruction guarantee fundInsurance companyContinental insurance lanka ltdRating watch negativeSri lanka insurance corporationContinental insurance lankaCo operative insurance companyLong term local currency issuer default rating