Sri Lankan insurers’ cyclone losses limited, reinsurers to absorb most non-motor losses: Fitch

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Reinsurance News - Dec 18, 2025

Fitch Ratings expects most Sri Lankan insurers’ losses from Cyclone Ditwah flooding to be limited due to low non-motor retention and reinsurance. However, the National Insurance Trust Fund Board (NITF), the country’s sole local reinsurer, is more exposed to losses due to a lack of retroc...

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