Sri Lanka Insurance Industry - Key Trends and Opportunities to 2025

Sri Lanka Insurance Industry - Key Trends and Opportunities to 2025

Summary

GlobalData’s 'Sri Lanka Insurance Industry - Key Trends and Opportunities to 2025’ report provides in-depth market analysis, information, and insights into the Sri Lankan insurance industry.

The report provides a detailed outlook by product category for the Sri Lankan insurance industry.

It provides values for key performance indicators such as gross written premium, retail and commercial split, premium accepted and ceded, profitability ratios, and premium by line of business, during the review period (2016-2020) and forecast period (2020-2025).

The report gives a comprehensive overview of Sri Lanka’s economy and demographic, covid-19 impact on the industry.

The report brings together GlobalData’s research, modeling, and analysis expertise, giving insurers access to information on segment dynamics. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

• Key insights and dynamics of the Sri Lankan insurance industry.
• A comprehensive overview of the Sri Lankan economy, government initiatives and investment opportunities.
• The Sri Lankan insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
• The Sri Lankan insurance industry’s market structure giving details of lines of business.
• Sri Lanka's reinsurance business’s market structure giving details of premium ceded along with cession rates.
• Details of the competitive landscape and competitors’ profiles.

Scope

This report provides a comprehensive analysis of the Sri Lanka insurance industry -

• It provides historical values for the Sri Lankan insurance industry for the report’s 2016-2020 review period, and projected figures for the 2020-2025 forecast period.
• It offers a detailed analysis of the key categories in the Sri Lankan insurance industry, and market forecasts to 2025.
• It profiles the top life insurance companies in Sri Lanka and outlines the key regulations affecting them.

Reasons to Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Sri Lankan insurance industry, and each category within it.
• Understand the demand-side dynamics, key market trends and growth opportunities in the Sri Lankan insurance industry.
• Assess the competitive dynamics in the Sri Lankan insurance industry.
• Identify growth opportunities and market dynamics in key product categories.