Ravi K justifies Insurance corporation MD’s appointment

June 17, 2015 (LBO) – Sri Lanka Finance Minister Ravi Karunanayake, justifying the appointment of T.M.R. Bangsa Jayah brother-in-law of the Minister says that it’s better to appoint a go getter rather than an inefficient professional.Jayah was appointed as the Managing Director (MD) of Sri Lanka Insurance Corporation after the new administration took over on […]

Ceylinco Insurance Separates General And Life Businesses

June 03, 2015 (LBO) – Sri Lanka’s Ceylinco Insurance said that it separated its insurance business to continue as two different entities- Ceylinco Life Insurance and Ceylinco General Insurance. The company said in a filing to CSE that this decision was taken in keeping with section 53 of the regulation of the insurance industry (amended) […]