News Life and Health22 Apr 2022

Sri Lanka:Country's economic crisis hits ratings of domestic insurers

| 22 Apr 2022

Fitch Ratings yesterday downgraded the state-owned Sri Lanka Insurance Corporation's (SLIC) Insurer Financial Strength (IFS) Rating to 'CC', from 'CCC+', and has placed the rating on Rating Watch Negative (RWN). SLIC's National IFS Rating of 'AA(lka)' has also been placed on RWN.

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