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Sri Lankan insurers' gross written premium up 5% in 2014

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The gross written premium generated by Sri Lankan insurers increased 5% year on year to 99.9 billion Sri Lankan rupees ($747 million) in 2014, reports Ceylon Daily News.

Premium income from the general insurance business totaled LKR 55.26 billion for the period. The general insurance business in the country recorded a year-on-year growth of 3.66% in gross written premium income in 2014. Insurers' total assets increased 13.81% to LKR 406.82 billion in 2014.

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