Sri Lanka to re-insure domestic re-insurer NITF

ECONOMYNEXT – Sri Lanka will seek international re-insurance for the National Insurance Trust Fund, a domestic state-controlled re-insurer, cabinet spokesman Minister Rajitha Senaratne said.

Prime Minister Ranil Wickremesinghe had proposed to re-insure the fund to cover the risks of any extraordinary loss, he said.

The cabinet of ministers had approved the proposal.
 

Latest Comments

Your email address will not be published. Required fields are marked *