Regulatory Reporting Formats for the Insurance Companies


01. Quarterly Returns of Insurers
Section 49 (b) of the Regulation of Insurance Industry Act, No. 43 of 2000 – Quarterly Returns of Insurers
Every insurer shall, for every quarter commencing from the first day of April 2011, furnish to the Board, its quarterly returns in accordance with the revised Quarterly Returns Formats ( revised to be in line with the amendments to the Solvency Margin Rules) enclosed herewith.

Such Returns are required to be furnished to the Board within forty-five days after the end of each quarter.

Further, insurers who are required to report on a monthly basis are required to use the revised Quarterly Returns Format enclosed herein from the 01st day of June 2011 and furnish to the Board within such period of time as directed by the Board.
Determination 01 (Formats)
Solvency - General Insurance (Formats)
Solvency - Life Insurance (Formats)
Balance Sheet and Profit & Loss Account (Formats)
02. Annual Returns of Insurance Companies (as amended on 27/03/2014)
Section 47 (1) & 56 of the Regulation of Insurance Industry Act, No. 43 of 2000 – Annual Returns of Insurance Companies
An insurance company shall, for every financial year commencing from the first day of January 2011, furnish to the Insurance Board of Sri Lanka (IBSL), its annual returns in accordance with the revised formats (revised to be in line with the amendments made to the Solvency Margin Rules) attached herewith.

Such returns are required to be furnished to IBSL within six months after the closure of the financial year along with statements of holding issued by the Central Bank of Sri Lanka in respect of investments made in Government Securities.

The first submission shall be made to IBSL on or before 30 th June 2012 for the financial year ended 31 st December 2011.

Insurance companies are required to disregard previous formats issued by IBSL in this regard.
Determination 01 (Formats)
Solvency - General Insurance (Formats) - (amended on 27/03/2014) excel-icon
Statement Of Recommended Practice (amended on 27/03/2014)
Balance Sheet and Profit & Loss Account (Formats)
Other-Annual-Forms
Unit linked Balance Sheet and Profit & Loss Account (Formats)
03. Actuarial Abstract of Insurance Companies (as amended on 27/03/2014)
Section 48 (1) of the Regulation of Insurance Industry Act, No. 43 of 2000 – Actuarial Abstract of Insurance Companies
An insurance company carrying on long term insurance business shall, cause an abstract to be made by an actuary for every financial year commencing from the first day of January 2011, according to the revised formats (revised to be in line with the amendments made to the Solvency Margin Rules) attached herewith and furnish such abstract to the Insurance Board of Sri Lanka (IBSL) within six months after the closure of the financial year.

The first submission shall be made to IBSL on or before 30th June 2012 for the financial year ended 31 st December 2011.

Insurance companies are required to disregard previous formats issued by IBSL in this regard.

Determination 6 of 30th October 2002 is hereby repealed.
Solvency - Life Insurance (Formats)
Actuarial Report and Abstract (amended on 27/03/2014)
04. Statement of Reinsurance Arrangements
Reinsurance Formats (Form GI-RE-1/ GI-RE-2/ Form LT-RE-1/ LT-RE-2)
05. Risk Assessment Summary (RAS)
RAS formats Second Schedule Part I
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