Licence of Sri Lanka’s Co-operative Insurance suspended, Fitch downgrades again
April 27 2023 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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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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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’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
