Sri Lanka: Insurance industry maintains steady growth in 2Q 2025

Published on August 27, 2025
Sri Lanka's insurance industry witnessed strong growth in the second quarter of 2025 with a 16% rise in premium.
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Aon Analyses $2 Trillion of Insurance Premiums to Identify Top Profitable Growth Performers

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Combined ratio improves to 91.4% for APAC reinsurers in 2024: AM Best

August 27, 2025
According to AM Best’s analysis, the rating agency’s Asia-Pacific composite (which includes 33 reinsurers domiciled in the region reporting under IFRS 17 accounting standards) recorded an improved combined ratio overall in 2024 of 91.4%, compared to 92.5% in 2023 and 95.8% in 2022.AM Best noted that nearly all reinsurers in the composite reported an improved combined ratio year-on-year, supported