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Ishara S. Kodikara | AFP | Getty Images Sri Lanka Prime Minister Ranil Wickremesinghe, center, speaks to supporters at the prime minister's official residence in Colombo on December 16, 2018, after he was reappointed as prime minister by Sri Lanka's president, the same man who fired him from the job nearly two months ago.

The insurance watchdog is seeking Finance Ministry approval to start a dedicated insurance supervision division.
Presently, the Insurance Board of Sri Lanka (IBSL) has only two consultants on its cadre. The rest are shared with the Securities & Exchange Commission (SEC) secretariat.rn

rnldblquote A dedicated insurance unit within IBSL will enhance the effectiveness of supervision,
dblquote says SEC Director General, Palitha Silva Gunawardene.rn

rnThe watchdog hopes to hire staff with maths background and recruit a foreign actuarian to train the cadre. rn

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