Category: Business & Economy
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Sri Lanka’s Insurance Sector Enters Renewed Growth Cycle Amid Rising Demand and Economic Stability
Sri Lanka’s insurance industry is entering a strong recovery phase, supported by rising economic stability, higher financial literacy, and renewed demand for protection-based products. According to industry data, the sector—comprising both Life and General insurance—has demonstrated broad-based growth, with Life insurance continuing to lead the industry’s expansion. Life insurance now represents 57% of the total
