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Fitch downgrades Co-operative Insurance's National IFS to 'BBB(lka)'; Maintains negative watch

Fitch Ratings has downgraded Co-operative Insurance Company PLC's (CICPL) National Insurer Financial Strength (IFS) Rating to 'BBB(lka)' from 'A-(lka)' and maintained the Rating Watch Negative (RWN) following the recent sovereign downgrade and recalibration of the agency's Sri Lankan national rating ....

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Fitch downgrades seven Sri Lankan Insurers' National IFS Ratings;maintains Watch Negative – The Island

Fitch Ratings downgraded the National Insurer Financial Strength (IFS) Ratings of seven Sri Lankan insurers following the recent sovereign downgrade and recalibration of the agency’s Sri Lankan National Rating scale. The seven insurers’ ratings have been maintained on Rating Watch Negative (RWN). The recalibration is to reflect changes in the relative creditworthiness among Sri Lankan […] ....

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Fitch Downgrades Seven Sri Lankan Insurers' National IFS Ratings

COLOMBO (News 1st) - Fitch Ratings has downgraded the National Insurer Financial Strength (IFS) Ratings of seven Sri Lankan insurers following the recent - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network. ....

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