| "Fitch" Re-Affirms Sri Lanka Insurance National Rating |
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| National Insurer Financial Strength AA- (sri) and National Long Term A+ (sri) | ||
| Sri Lanka
Insurance for the second consecutive year clinched an AA-(sri) National
Insurer Financial Strength Rating and an A+(sri) National Long term
Rating further asserting the strength and stability associated with
the company. Sri Lanka Insurance is also the first insurance company to take a bold step of presenting itself to international evaluation indicating the management's long term commitment to meet policyholder obligations. The international rating agency affirmed Sri Lanka Insurance National Ratings to be stable in spite of the recent Tsunami disaster. |
The management
decision to transform the company from a former state-owned monopolist
to an efficient operator in an increasingly competitive Sri Lanka
Insurance market are now showing early signs of success. |
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