New motor SRCC directive likely to deflate profitability of Sri Lanka’s non-life segment: Fitch

Directive requires Sri Lankan non-life insurers to transfer 100% of SRCC-related motor premiums to state-run NITF.

Share

New motor srcc directive likely to deflate profitability of sri lankas non life segment fitch
Picture of Editorial team

Editorial team

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in using the form below or click here

Read next

rising-nat-cat-awareness-construction-projects-to-drive-japanese-property-insurance-recovery-in-2024-globaldata
asia-air-deals-rise-as-reinsurers-face-end-in-sight-for-us-and-uk-markets
asset-risk-higher-for-asia-pac-pampc-insurers-than-us-carriers
hong-kong-insurers-solvency-ratios-halve-under-rbc
emering-asias-middle-class-women-have-appetite-to-spend-more-on-insurance-peak-re-report
Cyber
global-reinsurers-nat-cat-budgets-under-threat-from-hurricane-milton
apac-reinsurance-takes-on-renewed-importance-following-fed-rate-cuts
asia-pac-hnws-offer-major-growth-for-insurers-swiss-re
indonesia-nonlife-market-shifts-up-a-gear-ahead-of-motor-insurance-mandate

Share this article