Sri Lanka’s insurance industry grows 13.2%
April 14 2015 by InsuranceAsia News Staff
MORE FROM: Sri Lanka
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Allianz Insurance Lanka promotes Prashant Grover to CEO
- February 27
Grover assumed his new role from February 1, taking over from Alan Smee who is leaving the company for personal reasons.
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Sri Lankan insurers’ profitability to worsen by new motor directive: Fitch Ratings
- February 1
A new directive for insurers to remit 100% strike, riot, civil commotion and terrorism premiums to a state agency will raise COR by 5-10 percentage points.
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WTW, Axa Climate roll out Asia’s first 4-peril parametric cover
- July 12
The policy offers Sri Lankan shrimp farms protection against earthquake, typhoon, excess rainfall and heat stress.
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Sri Lankan insurers’ profits to be hit by inflation, currency devaluation: Fitch
- June 8
Underwriting profit for P&C insurers to be squeezed by rising motor spare-part costs, while sparse foreign-currency liquidity is hampering firms.
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