To what extent has the sector been affected by the segregation of life and non-life insurance?
Financial Services
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Interviews & Viewpoints | Ajith Gunawardena, CEO, Ceylinco General Insurance : Interview from The Report: Sri Lanka 2018
Articles & Analysis | Sri Lanka's insurance sector develops as firms capitalise on underpenetrated markets from The Report: Sri Lanka 2018
A growing economy, changing demographics and investment by major international companies are all contributing to the growth of Sri Lanka’s insurance sector. Alongside this, ongoing regulatory changes to stabilise the sector have catalysed mergers and acquisitions, and further consolidation looks likely.
Articles & Analysis | Sri Lankan bond market outlook from The Report: Sri Lanka 2018
Monetary tightening and the Central Bank of Sri Lanka (CBSL) flexible exchange rate policy served to cool the economy by slowing down credit to desired levels and controlling inflation to some degree. The economy, which saw significant weakness in 2016 and the first quarter of 2017, readjusted accordingly. Starting in February 2017 foreign...
Articles & Analysis | Capital markets reforms strengthen regulation, increase efficiency and broaden product range in Sri Lanka from The Report: Sri Lanka 2018
After an uncertain period, the Colombo Stock Exchange (CSE) is back on an upward trajectory, supported by the improving economic climate. The market will see significant reforms in 2018 to strengthen regulation, increase the bourse’s independence and efficiency, and broaden the range of products available.
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Interviews & Viewpoints | Dilshan Wirasekara, Director and CEO, First Capital: Interview from The Report: Sri Lanka 2018
Which industries dominated by the private sector do you see booming in the short to medium term, and what role will the CSE play in this?
Articles & Analysis | Sri Lankan stock market outlook from The Report: Sri Lanka 2018
Sri Lanka had a challenging year in 2017, with GDP growth slowing notably to 3.3% in the third quarter, from 4.6% during the same period the previous year. The country was affected by a series of natural disasters and a dengue fever epidemic, which impacted tourist arrivals, retail, construction and agriculture, while driving the inflation...