24.11.2010 - Sri Lanka: Insurance regulator calls for an administrator to Ceylinco Takaful
From Asiantribune.com: Insurance Board of Sri Lanka (IBSL) has called for quotations from persons with financial or legal background with insurance experience to be appointed as an administrator to Ceylinco Takaful Ltd; a Islamic insurance arm owned by former Ceylinco Group. A notice to public by the IBSL, island nationís insurance watch dog further said that the appointment is yet to be taken place in terms of section 20 of the Regulation of Insurance Industry Act No.43 of 2000 to manage and administer the claim settlement procedure of the company..............................................Full Article: Source
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