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Comments - Concern on insurance companies facing challenges post-cyclone
M Fernando Wednesday, 17 December 2025 11:59 PM
Insurance companies operating in Sri Lanka seem to have their own rules, and operate apparently without any regulation or legislation .. They can unilaterally cancel an insurance policy when the policy-holder reaches a certain age, leaving the subscriber high-and-dry after having contributed a lifetime of premiums. This would not be tolerated in any other country except the most backward and legislation-poor jurisdictions.
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