Sri Lanka’s insurance industry has experienced a significant amount of transformation during the past two years, primarily due to key regulatory changes that have taken place, as well as shifts in the economy. In this Strategic Insights edition by the Economic Intelligence Unit, we take a closer look at some of the key trends that are at the heart of this. In producing this note, we sought to identify what factors are driving the growth of the industry, what challenges insurers are currently encountering and what opportunities for growth lie ahead. The EIU conducted in-depth interviews with a range of industry leaders in order to identify these particular challenges and opportunities, and how these industry leaders envisage the industry’s future trajectory. The insights below draw on these findings together with our own analysis.