Press briefing of Cabinet Decision taken on 2011-11-02

Annual Report and Accounts of the Sri Lanka Insurance Board - 2010

- the total fund of the share holders of the Insurance Companies as at 31st December 2010 was Rs.42,326.9 million. It was a growth of 45.6% compared to the previous year. Also the total assets of all the Insurance Companies by the end of 2010 was Rs.222,242 million. It shows a growth of 22.7% compared to Rs.181,044 in the previous year. The Sri Lanka Insurance Board has also been able to acquire an accumulated premium income of Rs.68,493 million from Insurance activities within the year 2010. The proposal made by H.E. the President in his capacity as the Minister of Finance and Planning to present the Annual Report and Accounts of Sri Lanka Insurance Board for the year 2010 in Parliament, was approved by the Cabinet.