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SriLanka Non-Life Insurance: Market Update

  • July 2015
  • -
  • Timetric
  • -
  • 26 pages

Synopsis
"SriLanka Non-Life Insurance: Market Update" presents detailed data on market growth dynamics for the non life insurance market in Sri Lanka. It also provides data on industry news in Sri Lanka non life insurance market.

Furthermore the report enables readers to examine the components of change in the industry by looking at historic and future growth patterns broken down by segment.

It should be noted that a number of sections in this report will link clients to Timetric’s Intelligence Centre’s (ICs). The information provided in the ICs is for subscribers only and therefore comes at a set cost. With this in mind, the given links should only be treated as references used in order to provide a better data interactivity.

Summary
This report is the result of Timetric’s extensive market research covering the non life insurance market in Sri Lanka. It contains detailed data on market dynamics along with latest industry happenings and industry players in Sri Lanka. "SriLanka Non-Life Insurance: Market Update" provides a top-level overview and detailed insight into the operating environment of the non life insurance market in Sri Lanka. It is an essential tool for companies active across the Sri Lankan insurance value chain and for new players considering to enter the market.

Scope
"SriLanka Non-Life Insurance: Market Update" provides you with the following:

- Insurance Industry Highlights

- Market Growth Dynamics by Sector

- Market Growth Comparison

- Latest Insurance Industry News.

Reasons To Buy
- Enhance your understanding of the non life insurance market in Sri Lanka.

- Promote growth in your business with detailed market growth dynamics by sector, as well as by market comparison.

- Identify the future pattern of market trends, from winners and losers to market dynamics; and thereby quickly and easily indentify the key areas in which they want to compete in the future.

Table Of Contents

SriLanka Non-Life Insurance: Market Update
Table of Contents
1 Non-life Insurance - Highlights
2 Latest Market Data
2.1 Non-Life Insurance Policies and Premiums in Sri Lanka
2.2 Non-Life Insurance Retentions in Sri Lanka
2.3 Non-Life Insurance Claims and Expenses in Sri Lanka
2.4 Gross Written Premiums for Motor Insurance in Sri Lanka
2.5 Gross Written Premiums for Marine, Aviation and Transit Insurance in Sri Lanka
2.6 Non-Life Insurance Total Assets in Sri Lanka
2.7 Gross Written Premiums for Property Insurance in Sri Lanka
3 Latest Deals
3.1 Fairfax Asia to Acquire General Insurance Business of Union Assurance
3.2 Sampath Bank forms bancassurance partnership with Janashakthi Insurance
3.3 Amana Takaful forms bancassurance partnership with Commercial Bank of Ceylon
3.4 Seylan Bank partners with LOLC Insurance
3.5 AIA Company acquires additional 4.88% stake in AIA Insurance Lanka
3.6 Allianz Insurance Lanka partners with Commercial Bank of Ceylon
3.7 AIA Company acquires 100% stake in AIA Holdings Lanka
4 Latest News
4.1 AIA to acquire Sri Lankan insurer Aviva NDB Insurance for $109m
4.2 SANASA Insurance partners with IFC to develop agricultural insurance products in Sri Lanka
4.3 Fairfax Asia to buy 78% share in Union Assurance
4.4 HNB Assurance launches new car insurance policy

List of Tables
Table 1: GWP and Premium Per Capita, 2006-2018
Table 2: Gross Paid/Claims and Incurred Loss (LKR Bn), 2006-2018
Table 3: Total Assets (LKR Bn), 2006-2018
Table 4: Non-Life Insurance Policies and Premiums in Sri Lanka , 2006-2018
Table 5: Non-Life Insurance Retentions in Sri Lanka , 2006-2018
Table 6: Non-Life Insurance Claims and Expenses in Sri Lanka , 2006-2018
Table 7: Gross Written Premiums for Motor Insurance in Sri Lanka , 2006-2018
Table 8: Gross Written Premiums for Marine, Aviation and Transit Insurance in Sri Lanka , 2006-2018
Table 9: Non-Life Insurance Total Assets in Sri Lanka , 2006-2018
Table 10: Gross Written Premiums for Property Insurance in Sri Lanka , 2006-2018

List of Figures
Figure 1: GWP and Premium Per Capita
Figure 2: Gross Paid/Claims and Incurred Loss (LKR Bn)
Figure 3: Total Assets (LKR Bn)
Figure 4: Non-Life Insurance Policies and Premiums in Sri Lanka
Figure 5: Non-Life Insurance Retentions in Sri Lanka
Figure 6: Non-Life Insurance Claims and Expenses in Sri Lanka
Figure 7: Gross Written Premiums for Motor Insurance in Sri Lanka
Figure 8: Gross Written Premiums for Marine, Aviation and Transit Insurance in Sri Lanka
Figure 9: Non-Life Insurance Total Assets in Sri Lanka
Figure 10: Gross Written Premiums for Property Insurance in Sri Lanka

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