Fitch Ratings has reaffirmed the ‘CCC+’ Insurer Financial Strength (IFS) rating and the ‘A+(lka)’ National IFS rating for Sri Lanka Insurance Corporation General Limited (SLIC General). According to the ratings agency, these ratings are indicative of SLIC General’s ‘Favourable’ company profile and significant investment and asset risk, primarily due to its exposure to sovereign-related investments.

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