Sri Lanka Insurance’s underwriting profits to suffer from inflation: FitchSeptember 6 2022 by Andrew Tjaardstra
- September 30
The company recorded a pre-tax loss in 2021 and in the first half of 2022 from fixed income portfolio.
- September 27
The Hong Kong reinsurer is expanding beyond its core market of Greater China.
- September 26
The firm's COR was 96% in FY 2021 compared with 107% in FY 2020, with a three-year average of 100%.
- September 21
Pricing increases may not be sufficient for carriers to increase technical profitability despite a five-percentage-point COR improvement since 2019.
Windstorms and tropical cyclones pose a significant threat around the globe. How can corporates be better prepared for a storm?
Pre-catastrophe agreements among (re)insurers and loss adjusters are crucial to dealing with claims.