Monday, July 24, 2017

Sri Lanka

Sri Lanka taps Renaissance Re for insurance trust fund

Sri Lanka taps Renaissance Re for insurance trust fund

The fund provides disaster cover for disasters including droughts, floods and cyclones.

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AIA seals bancassurance deal in Sri Lanka

AIA seals bancassurance deal in Sri Lanka

The exclusive long-term strategic partnership with DFCC Bank covers a range of savings and protection products.

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AIA sells Sri Lanka general insurance unit

AIA sells Sri Lanka general insurance unit

Local insurer Janashakthi will pay US$22.8m to buy the unit after raising funds from a rights offer.

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Mitsui Sumitomo buys stake in Sri Lanka’s Ceylinko

Mitsui Sumitomo buys stake in Sri Lanka’s Ceylinko

Japanese insurer purchases minority stake in one of Sri Lanka’s oldest and largest business conglomerates.

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Sri Lanka’s insurance industry grows 13.2%

Sri Lanka’s insurance industry grows 13.2%

Analysts expect more insurers to invest in Sri Lanka which has 22 licensed insurance companies operating in the Country.

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Sri Lanka’s insurance board names new director

Sri Lanka’s insurance board names new director

Asanga joins IBSL having served in the government sector for the last decade.

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Opportunities rise for insurers as Asia Pacific strengthens solvency regulations

Opportunities rise for insurers as Asia Pacific strengthens solvency regulations

Asia insurers are now seeing further opportunities as countries in the Asia Pacific region move to strengthen their solvency regulations,

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SUMMER 2017

House of cards

From supply chains to cyber, we discuss emerging risks with a roundtable of Singapore risk managers