Reinsurance Details Submission.

Submission of Reinsurance Arrangements for the Year 2019

Certified copies of all Cover Notes in respect of Reinsurance Treaties should be forwarded to IRCSL on or before 15th March each year together with details required by the Commission in the format prescribed therein. Following companies have submitted same as indicated below:

Name of the Company Date of Submission
AIA Insurance Lanka PLC 15/03/2019
AAllianz Insurance Lanka Limited 22/01/2019
Allianz Life Insurance Lanka Limited 13/03/2019
Amana Takaful Limited 13/02/2019
Amana Takaful Life PLC 14/03/2019
Arpico Insurance Limited 18/04/2019
Ceylinco Life Insurance Ltd 05/02/2019
Ceylinco General Insurance PLC 13/03/2019
Continental Insurance Lanka Limited 14/03/2019
Cooperative Insurance Company Limited 15/03/2019
Cooplife Insurance Limited 15/03/2019
Fairfirst Insurance Co. Ltd. 11/02/2019
HNB Assurance PLC 30/01/2019
HNB General Insurance Ltd. 31/01/2019
Janashakthi Insurance PLC 15/03/2019
Life Insurance Corporation (Lanka) Limited 31/01/2019
LOLC Life Assurance Ltd. 15/02/2019
LOLC General Insurance Ltd. 29/01/2019
MBSL Insurance Company Limited 20/06/2019
National Insurance Trust Fund*
Orient Insurance Limited 08/03/2019
People’s Insurance Limited 28/03/2019
Seemasahitha Sanasa Rakshana Samagama 31/01/2019
Softlogic Life Insurance PLC 15/03/2019
Sri Lanka Insurance Corporation Limited 18/03/2019
Union Assurance PLC 01/02/2019

* NITF has informed that the panel of reinsurers selected for the year 2018 has been extended for the year  2019 for Strike Riot Civil Commotion & Terrorist, Retrocession and Crop insurance businesses. Further, NITF is required to confirm the arrangements for National Natural Disaster Insurance Scheme subsequent to August 2019.