Tag: Sri Lanka’s insurance industry growth to continue despite extreme weather: Fitch

June 05, 2018 (LBO) – Fitch Ratings expects the exposure of Sri Lanka’s non-life insurers to extreme weather-related events to be manageable due to extensive use of reinsurance. However, reinsurers are seen to be reducing ceding commissions to reflect the increased risk of catastrophes, Fitch Ratings said. “Sri Lanka has seen a recurrence of extreme weather-related […]