RAM reaffirms NITF rating
RAM Ratings Lanka has reaffirmed National Insurance Trust Fund's
long-and short-term claims-paying ability ratings, at a respective AAA
and P1; the long-term rating has a stable outlook.
NITF's ratings reflect its status as a statutory body of the
Government and the Fund's systemic importance as the sole provider of
health-insurance coverage to government servants (known as Agrahara);
Strike, Riot and Civil Commotion and Terrorism cover ("SRCC & TR"), and
reinsurance in Sri Lanka. |