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Sri Lanka tag returned 83 results

  • Sri Lanka: Life insurer launches COVID-19 specific cover

    Janashakthi Insurance (Janashakthi), a private life insurer in Sri Lanka has launched a COVID-19 specific insurance plan that provides financial stability as well as enhanced life protection and is customisable as per the customers' needs.

    Asia | 20 Nov 2020
  • Sri Lanka: Insurer offers free COVID-19 cover

    Union Assurance, a private life player in Sri Lanka has launched a free COVID-19 cover for its existing and new policyholders.

    Asia | 13 Nov 2020
  • Sri Lanka: SLIC makes insurance payments easier and safer

    Sri Lanka Insurance Corporation (SLIC), the national insurer of Sri Lanka has facilitated an array of payment channels during the pandemic to ensure the safety and wellbeing of its customers.

    Asia | 13 Nov 2020
  • Sri Lanka: Milliman acquires consulting firm and starts operations

    Milliman, a premier global consulting and actuarial firm, has announced that it is beginning operations in Sri Lanka after an agreement to acquire Colombo-based Spark Actuarial came into effect on 2 November.

    Asia | 05 Nov 2020
  • India launches flash flood guidance services for South Asia

    India has launched first of its kind flash flood guidance services for India and other South Asian countries - Bangladesh, Bhutan, Nepal and Sri Lanka - to issue impact-based forecasting at the watershed and also city level, of floods which are very sudden and of short duration.

    Asia Risk | 28 Oct 2020
  • Sri Lanka: Non-life insurers expect stalled premium growth

    As the COVID-19 pandemic rages on, price competition among non-life insurers in Sri Lanka is likely to intensify as a ban on auto imports and an economic downturn hinder premium growth according to a recent analysis from Fitch Ratings.

    Asia | 16 Sep 2020
  • Sri Lanka: IASL scales down insurance month celebrations

    The Insurance Association of Sri Lanka (IASL), which dedicates September every year as insurance month, has decided to scale down its campaign this year due to the COVID-19 pandemic.

    Asia | 15 Sep 2020
  • Sri Lanka: Finnfund invests US$7.5m to boost insurance coverage

    Finnfund, a Finnish development financier and professional impact investor, is making its first investment in the insurance sector by providing a $7.5m loan to Softlogic Life Insurance in Sri Lanka.

    Asia | 07 Sep 2020
  • Sri Lanka: Regulator suspends dividend payments by insurers

    Sri Lanka's insurance regulator has suspended dividend payments to shareholders of insurance companies so as to minimise any potential near-term impact on insurers' capital levels due to disruptions to their business by way of loss of premium income and thereby their earnings.

    Asia | 04 Sep 2020
  • Sri Lanka: Insurance sector seen as recovering more rapidly than expected

    The insurance industry is recovering much more quickly than expected from the impact of the COVID-19 pandemic, said Amana Takaful Life CEO Gehan Rajapakse at an event held last week, ahead of 1 September which is National Insurance Day in Sri Lanka.

    Asia | 02 Sep 2020


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