The state-owned Sri Lanka Insurance Corporation (SLIC), the biggest composite insurer in the country, will be split into two entities, one relating to life insurance and the other to general insurance.
The Actuarial Association of Sri Lanka (AASL) is organising its third South Asian Actuarial Conference (SAAC 2023).
Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) Ratings of several insurers and removed them from Rating Watch Negative (RWN). The outlook is 'Stable'.
The underwriting profitability of government-owned Sri Lanka Insurance Corporation (SLIC), the country's biggest composite insurer, is under pressure, says Fitch Ratings.
The Sri Lankan government's debt restructuring plan is likely to reduce investment and liquidity risks for domestic insurers, Fitch Ratings says.
The 8th Asia Trusted Life Agents & Advisers Awards (ATLAA) concluded yesterday evening, celebrating 16 winners recognised for their outstanding contributions and performance.
The Insurance Regulatory Commission of Sri Lanka (IRCSL) has urged the public to refrain from purchasing pass cards, coupon cards and discount cards related to insurance products.
Weak operating conditions for Sri Lankan insurers raise near-term downside risks to their credit profiles, says Fitch Ratings.
Allianz Asia Pacific (AZAP) is partnering INSEAD, one of the world's leading business schools, to create a training and certification programme aimed at transforming and upskilling the organisation's life and health business agency salesforce.
The Sri Lankan insurance industry posted profit before tax (PBT) of LKR50,336m ($156m) in 2022, an increase of 19.36% over 2021, according to statistics released by the Insurance Regulatory Commission.