Sri Lanka, Oct. 30 -- Sri Lanka Insurance Corporation General Ltd. (SLICGL) announced that Fitch Ratings has reaffirmed its 'A+(Ika)' National Insurer Financial Strength (IFS) Rating, with a Stable Outlook.
Importantly, SLICGL holds the distinction of being Sri Lanka's highest-rated insurance brand and the only A+ rated insurer in the country.
The 'A+(Ika)' rating reflects SLICGL's strong financial profile and leading position in the Sri Lankan general insurance market. Fitch's assessment highlights the company's 'favourable' profile, underpinned by a robust business franchise, extensive domestic operations, and a wide distribution network.
SLICGL held the No. 1 position in Sri Lanka's general insurance market in 2024, reinforcing its r...