Sri Lanka Insurance Corporation profits up on investment income

State-run Sri Lanka Insurance Corporation Ltd has made profits of 29.2 billon rupees in 2024, helped by higher investment income and lower claims, a Finance Ministry report said.

Gross written premium which fell to 41.2 billion rupees in 2021 from 43.2 billion in 2022 had recovered to 44.2 billion rupees, the report said.

Benefits, losses and claims fell to 29.2 billion rupees in 2023 from 34.2 billion rupees in 2022.

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