Home / Financial Services/ ICC Sri Lanka facilitates discussion with insurance regulator

ICC Sri Lanka facilitates discussion with insurance regulator

Comments / {{hitsCtrl.values.hits}} Views / Monday, 28 January 2019 01:29


The International Chamber of Commerce Sri Lanka (ICCSL) will facilitate a discussion forum for business entities including member companies with the representatives from the Insurance Regulatory Commission of Sri Lanka. This discussion will be followed with an open session giving participants the opportunity to interact and raise questions with the regulator on issues with insurance companies and their contracts.

The forum will discuss marine and air insurance contracts in particular and their legal obligations. Moreover, professionals in the banking industry will be able to liaise directly with the regulator to finds answers to issues they may face when enforcing contracts. The topics covered during the session will include marine and air insurance contracts and different covers, open cover policies, exclusion clauses in contracts and issues faced by bankers, exporters and importers when enforcing an insurance contract.

The session will benefit CXOs, bankers, exporters, importers, legal and compliance officers and will be held on 1 February 2019. More information on this program can be obtained from the ICCSL Secretariat on 0115920067 or by email to secretariat@iccsrilanka.com.

ICC Sri Lanka Chairman Dinesh Weerakkody said, “ICC Sri Lanka promotes free and fair trade and responsible business conduct locally in line with our global mandate. As a chamber we strive to connect our members with government institutions to find solutions and answers to issues that come up in their operations and business activities. He further said, “We thank the insurance regulator for providing the opportunity to meet with our membership to clarify their issues on contractual obligations.” The International Chamber of Commerce Sri Lanka (ICCSL) is the domestic chapter of the Paris based international business organisation, the International Chamber of Commerce (ICC). It has a global network of over six million members in more than 100 countries.


Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Fake news rampant after Sri Lanka attacks despite social media ban

Friday, 24 May 2019

AFP: Sri Lankan social networks saw a surge in fake news after the Easter suicide bombings a month ago despite an official social media blackout, highlighting the inability of governments to contain disinformation, experts said. A nine-day ban on pl

Who built the Matara/Beliatta railway line?

Friday, 24 May 2019

In 2019, after 70 long years of independence, Sri Lanka succeeded in adding to the rail network left behind by the British when we extended the southern line from Matara to Beliatta, a distance of less than 20 miles. While the network left in place b

Occupational prestige further propagates a divisive society

Friday, 24 May 2019

Occupational prestige is regarded by society as an individual’s social standing based on the occupational position in the hierarchical social structure of an aggregate of occupations. Accordingly, the general public perceive certain occupations hig

17 things ‘Avengers: Endgame’ teaches us about the state of our superheroes

Friday, 24 May 2019

Art imitates life. Even movies do. Maybe especially so. In these lean times, there’s nothing like a little laughter to stop the press, stem the blood pressure, ease that stress in life. So here goes. Trust you’ll take these tongue-in-cheek. Or pe

Columnists More