Sri Lanka Insurance Report Q2 2018
The Sri Lankan/Insurance/Q2 2018 industry is at a nascent stage of development and is set to witness sustained growth over theshort-, medium- and long-terms. Latest regulator data from 2016 and 9M17 suggests that robust growth has been a hallmark of theindustry over the recent past. A number of drivers will propel growth in the market including rising levels of discretionary spendingpowers, expanding domestic demand levels and an ever-increasing pool of middle-class consumers. Purchases of insurable goodsand demand for life and savings will generate healthy revenue streams for the/Insurance/Q2 2018 carriers. There is significant organic growthpotential from a very low base and international carriers and indigenous providers will both look to expand their respective footingover Sri Lanka's/Insurance/Q2 2018 landscape.
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