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Insurance+industry+shows+growth
Monday, 13 April 2015 - 9:11
Insurance industry shows growth
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According to research, the Insurance industry in Sri Lanka has grown in terms of written premium, recording a Compound Annual Growth Rate of 13.2% during the review period from 2009 to 2013.

The non-life segment in the field of insurance posted a Compound Annual Growth Rate of 11.2 % during the review period of 4 years from 2009 to 2013.

As of 2013, the insurance penetration in the country according to the report, has stood at 1.2% in the year 2013, this value is in comparison to the Asian average of 6%.
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