Fitch downgrades Sri Lanka Insurance as crisis bites
April 25 2022 by InsuranceAsia News
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Sri Lankan insurers to improve underwriting profitability amid key shifts: Fitch
- January 8
Insurers are looking to enhance practices and shift focus to more profitable non-motor segments, global rating agency says.
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Continental Insurance Lanka’s good underwriting performance to sustain: Fitch Ratings
- September 12
Fitch has revised its outlook to "positive" from "stable", reflecting the company's underwriting performance, improving market franchise and satisfactory regulatory capital position.
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Sri Lankan People’s Insurance pressured by underwriting profitability: Fitch Ratings
- September 10
The rating agency has affirmed its financial strength rating of “A-” and “stable” outlook, reflecting its favourable regulatory capital position compared to other domestic non-life insurers.
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Sri Lanka’s insurance watchdog outlines reinsurance, risk-based capital reforms
- August 15
The regulator also plans to introduce a legal framework for the sale of micro-insurance products, and issue revised guidelines on reinsurance in an attempt to improve the country's low insurance penetration rate.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
