Sri Lanka: Insurance regulator calls for an administrator to Ceylinco Takaful
Insurance Board of Sri Lanka (IBSL) seeks persons with financial or legal background with insurance experience to be appointed as an administrator to Ceylinco Takaful Ltd.
Ceylinco Takaful Ltd. was formerly suspended the registration by IBSL for general insurance for three weeks, in 5 August 2009 prohibiting it from issuing new insurance policies in respect of General Insurance Business and back in 26th August 2009.
IBSL annual report for 2009 further underlined that Ceylinco Takaful Limited, whose registration is under suspension.
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