Reinsurance Details Submission.

Submission of Reinsurance Arrangements for the Year 2021

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 15/03/2021
Allianz Insurance Lanka Limited 09/04/2021
Allianz Life Insurance Lanka Limited 09/02/2021
Amana Takaful Limited 16/02/2021
Amana Takaful Life PLC 19/03/2021
Arpico Insurance Limited 31/01/2021
Ceylinco Life Insurance Ltd. 29/01/2021
Ceylinco General Insurance PLC 24/03/2021
Continental Insurance Lanka Limited 07/04/2021
Cooperative Insurance Company Limited 31/03/2021
Cooplife Insurance Limited 31/01/2021
Fairfirst Insurance Co. Ltd. 10/03/2021
HNB Assurance PLC 29/01/2021
HNB General Insurance Ltd. 12/03/2021
Janashakthi Insurance PLC 15/03/2021
Life Insurance Corporation (Lanka) Limited 10/3/2021
LOLC Life Assurance Ltd. 07/04/2021
LOLC General Insurance Ltd. 12/03/2021
MBSL Insurance Company Limited 17/03/2021
National Insurance Trust Fund* 16/11/2020
Orient Insurance Limited 09/04/2021
People’s Insurance Limited 10/03/2021
Sanasa General Insurance Co. Ltd. 29/03/2021
Sanasa Life Insurance Co. Ltd. 23/03/2021
Softlogic Life Insurance PLC 15/03/2021
Sri Lanka Insurance Corporation Limited 09/04/2021
Union Assurance PLC 12/02/2021

* 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.