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
1 AIA Insurance Lanka PLC 15/03/2019
2 Allianz Insurance Lanka Limited 22/01/2019
3 Allianz Life Insurance Lanka Limited 13/03/2019
4 Amana Takaful Limited 13/02/2019
5 Amana Takaful Life PLC 14/03/2019
6 Arpico Insurance Limited 18/04/2019
7 Ceylinco Life Insurance Ltd 05/02/2019
8 Ceylinco General Insurance PLC 13/03/2019
9 Continental Insurance Lanka Limited

14/03/2019

10 Cooperative Insurance Company Limited 15/03/2019
11 Cooplife Insurance Limited 15/03/2019
12 Fairfirst Insurance Co. Ltd. 11/02/2019
13 HNB Assurance PLC 30/01/2019
14 HNB General Insurance Ltd. 31/01/2019
15 Janashakthi Insurance PLC 15/03/2019
16 Life Insurance Corporation (Lanka) Limited 31/01/2019
17 LOLC Life Assurance Ltd. 15/02/2019
18 LOLC General Insurance Ltd. 29/01/2019
19 MBSL Insurance Company Limited 20/06/2019
20 National Insurance Trust Fund* -
21 Orient Insurance Limited 08/03/2019
22 People's Insurance Limited 28/03/2019
23 Seemasahitha Sanasa Rakshana Samagama 31/01/2019
24 Softlogic Life Insurance PLC 15/03/2019
25 Sri Lanka Insurance Corporation Limited 18/03/2019
26 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.

 

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