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Sri Lanka: Insurance industry's gross written premium up 8.39% in 2013

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Sri Lanka's insurance sector recorded an 8.39% year-on-year increase in overall gross written premium to 94.48 billion Sri Lankan rupees ($722.3 million) in 2013, the Insurance Board of Sri Lanka said.

The gross written premium of general insurers totaled LKR 53.17 billion ($406.4 million), up 7.01%, Daily Mirror reported.

The total assets of the insurers grew 12.9% during the period to LKR 356.57 billion ($2.72 billion).

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