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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.

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