COPF questions conduct of Sri Lanka Insurance Company

10 March 2025 05:54 pm Views - {{hitsCtrl.values.hits}} 6 Bookmark

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By Yohan Perera and Ajith Siriwardana

Colombo, March 10 (Daily Mirror) - The Committee on Public Finance (COPF) questioned the conduct of Sri Lanka Insurance Company (SLIC) and thereby took the insurance regulator to task for this failure.

"I questioned the Insurance Regulator at the Committee on Public Finance (COPF) on their failure to act against SLIC for distorting the insurance market for nine years. Why are powerful players allowed to manipulate markets while smaller companies face strict enforcement? Selective regulation is unacceptable in a fair economy, " COPF chief Harsha de Silva said.

He also questioned whether vaping is illegal in Sri Lanka and the authorities said it was and arrests are made when they are informed of such acts.

Comments - 6

Sudaya Monday, 10 March 2025 06:01 PM

Harsha, all fart and no shit.

3 6

Mohandev Monday, 10 March 2025 06:09 PM

How can it be a surprise

0 4

Kandaih Balendran Tuesday, 11 March 2025 04:13 AM

It is full of corrupt lackeys lackeys from regimes past. CEO is a kaputa pawn.

0 0

Aloysius Tuesday, 11 March 2025 04:17 AM

So corrupt, what about Ravi K and Rajitha S?

0 1

Zainaj Tuesday, 11 March 2025 05:01 AM

There is no Sri Lanka Insurance Company. Only Sri Lanka Insurance Corporation.

0 0

Why LOIC is losing some dissatisfied clients? Tuesday, 11 March 2025 06:46 AM

Some Vehicle owners who insured with LOIC are going to other private Insurance companies. What is reason?

0 0

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