The IRCSL safeguards policy holders through supervisory control of Insurance Companies. Professionals with experience at IRCSL advise the government on policy and laws that would make the industry remain viable, able to meet its commitments to policy holders by helping them overcome risks.
Ex-Officio Member (Deputy Secretary to the Treasury, Ministry of Finance)
Ex-Officio Member (Registrar General of Companies)
Deputy Governor of the Central Bank of Sri Lanka
Director (Legal and Enforcement)
Director (Finance and Administration)
Director (Market Development and External Relations)
Assistant Director (Legal)
Assistant Director (Market Development and External Relations)
Assistant Director (Supervision)
Assistant Director (Finance and Administration)
Assistant Director (Investigation)
Assistant Director (Information Technology)
Supervision Division monitors the solvency of insurance companies and financial stability of insurance companies and broking companies by periodical review of their financial reports. In addition, it carries out on-site inspections of insurance companies and brokering companies. Further, steps are currently being taken to introduce “Risk Based Supervision” for the supervisory mechanism replacing the existing “Rules Based” supervisory system.
|1. Designated Officer –||Director General|
|2. Information Officer –||Director Legal & Enforcement|