(The following statement was released by the rating agency)
COLOMBO, November 21 (Fitch) Fitch Ratings has assigned Sri
Lanka-based National
Insurance Trust Fund Board (NITF) a National Insurer Financial
Strength Rating
(IFS) and National Long Term Rating of 'AA-(lka)'. The Outlook
is Stable.
NITF's ratings reflect strong ties with the government of Sri
Lanka
(B+/Negative), a strong business profile as the only reinsurer
in the country,
high capitalisation and conservative investment policy,
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