Fitch reaffirms SLICGL’s rating at ‘A+ (lka)’ with Stable Outlook

Sri Lanka Insurance Corporation General Ltd. (SLICGL) announced that Fitch Ratings has reaffirmed its ‘A+(lka)’ National Insurer Financial Strength (IFS) Rating, with a Stable Outlook.

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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+(lka)’ 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.