Directions


Directions issued by the Insurance Board of Sri Lanka

Direction #01 - [ 14 October 2004 ] Insurance Advertisements
Direction #02 - [ 04 January 2005 ] Claims in respect of damages to vehicles on 26th December 2004 
Direction #03 - [ 04 August 2005 ] Media Advertisements and the Motor Traffic Act 
    
Directions issued by the Insurance Board of Sri Lanka under section 96A of the RII Act
arrow Direction #01 

Insurance Brokers in their names to include the expression
“Insurance Brokers” to indicate that such person is carrying
on insurance brokering business.

arrow Direction #02 Supply of Policy Documents 
arrow Direction #02A

Extending the period mentioned in the 1st sub paragraph of the
2nd paragraph from one week to 14 days

arrow Direction #02(B) (To all insurance companies)

Amendment to Direction #02

arrow Direction #03 (To all insurance companies)  Principal Officer and Specified Officer of Insurers
arrow Direction #03 (A) (To all insurance companies) Amendment to Direction #03(iii)
arrow Direction #04 (To all insurance companies)  Use of Common Infrastructure
arrow

Direction #05 (To all insurance companies and
                     insurance brokering companies)

Engage the services of Insurance Agents (other than individuals)
arrow

Direction #06 (To all insurance companies)

Settlement of Insurance Claims
arrow

Direction #06 (A) (To all insurance companies)

Amendment to Direction #06 (a)(i) & (ii)

arrow

Direction #07 (To all insurance companies and
                     insurance brokering companies)

Changes in Ownership and Control of Insurers and Brokers

arrow

Direction #08 (To all long term insurance companies)

Standard Cooling- off period for long term insurance products

arrow Direction #09 (To all insurance companies and
                     insurance brokering companies)

Role and responsibility of the principal officer of an
insurer and an insurance broker

arrow

Direction #10 (To all insurance brokering              companies)

Business conducted by Insurance Brokers other than Insurance Brokering Business

arrow

Direction #11 (To all insurance brokering companies)

Overseas Health Insurance

arrow

Direction #12 (To all insurance companies and insurance brokering companies)

Principal Officers to provide communications with the Insurance Regulatory Commission of Sri Lanka to their Board of Directors

arrow

Direction #13 (To all insurance companies)

Role and responsibility of the Specified Officer

arrow

Direction #14 (To all insurance companies and insurance brokering companies)

Industry to refrain from employing persons whose service had been terminated on the grounds of financial misappropriation or fraud

arrow

Direction #15 (To all long term insurance companies)

Procedures on Management of Insurance Funds - Long Term Insurance Business

arrow

Direction #16 (To all long term insurance companies)

Identification and Treatment of One-Off Surplus

Your Views
Quick Links  
Insurance Regulatory Commission
of Sri Lanka
Level 11, East Tower
World Trade Centre
Colombo 01
Telephone: 011 2396184 - 9 (General)
                 011 2335167      (Complaints)
Fax: 011 2396190

Feedback

Insurance Companies 

Public Consultations Insurance Brokers
Loss Adjusters