Circular No.04 of 2024 (20th May 2024) – The regulation of insurance industry Act – Circular Promotion/ Advertisement of 3rd Party Motor Insurance

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Circular No.03 of 2024 (26th January 2024) – Optional Compensation Scheme for 3rd Party Death and Permanent Disability of Victims of Motor Traffic Accidents

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Circular No. 02 of 2024 (09th January 2024)- Enforcement procedures of the Insurance Regulatory Commission of Sri Lanka

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Circular No. 01 of 2024 (8th January 2024) – Eligibility criteria for valuers

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OCS Circular with Application

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Circular 1 of 2023 (9th September 2023) – Revising the Circular # 25 on Premium Payment Warranty for policies of General Insurance

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Circular 01 of 2022((26th January 2022) – Prohibition of providing different quotations (reduction in premium) to same policyholder for the same insurance cover

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Circular 2 of 2021- [08 Apr 2021] Prohibition of promotion/advertisement of 3rd party Motor Insurance

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Circular # 1 of 2021 – [23 Mar 2021] Clearance of insurance products prior to launch

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Clarification on Circular # 1 of 2021 – Actuarial certificate

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Further Clarification to Circular # 01 of 2021

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Circular # 43 – [2nd July 2020] Issuing Insurance Policies in three languages

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Circular # 42 – [25th February 2020] Obtaining loss adjusting services from unlicensed loss adjusters

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Circular # 41 – [4th November 2019] Enforcement Procedures of the Insurance Regulatory Commission of Sri Lanka

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Circular # 40 – [25th February 2019] Health Insurance Covers Underwritten by Insurers who carry on Long Term Insurance Business

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Clarification on Circular #40

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30 September 2016 – Circular # 39 (amendment to Circular # 38)[This Circular has been disregarded by Circular 1 of 2021]

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28 April 2016 – Circular #38 Submission of Policy Documents

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23 Nov 2015 – Circular # 37

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09 Oct 2015 -Circular # 36 Clarification on Overseas Health Insurance

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Format ‘A’ Circular 36_Cancellation_of_Circular 32

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17 Oct 2014 – Circular #35 Eligibility criteria for Valuers (amendment to Circular #30)

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Circular # 34 – [10 June 2014] Register of Insurance Agents (other than for individuals) (This Circular is no longer effective with the enactment of Gazette No. 1916/10 of 27th May 2015)

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Circular # 33 – [09 Dec 2013] Supply of Proposal Forms

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Circular # 32 – [30 Oct 2013] (Cancellation of Item No. 1 of Circular # 4 dated 5th June 2002)

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Circular # 31 – [30 April 2013] (Cancellation of Circular #18)

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Circular # 30 – [14 Mar 2013] IBSL Guidelines/Instructions/Information to Insurers-Valuation of Land and Building (Please refer Circular # 35)

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Circular # 29 – [23 Aug 2010] IBSL Guidelines/Instructions to Insurers

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Circular # 28 – [12 Aug 2010]

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Circular # 27 – [23 Dec 2008] Management letter issued by external auditors of insurance companies

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Circular # 26 – [08 Feb 2008] Determination # 8 – 30 / 10 / 2002

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Circular # 25 – [01 Dec 2006] Premium payment warranty for policies of general insurance

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Circular # 24 (Amended) [1 Aug 2006] (This Circular has been disregarded by the Circular # 28 [12 Aug 2010])

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Circular # 24 [17 Jul 2006] (This Circular has been disregarded by the Circular # 28 [12 Aug 2010])

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Circular # 23 – [07 Jun 2006] Interim Financial Statements of Insurance Brokering Companies (This Circular has been disregarded by Circular # 28 dated 12th August 2010)

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Circular # 22 – [14 Feb 2006] Accounting and Financial Statement Presentation Practices of Insurers -the Circular is currently not applicable

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Circular # 21 [7 Sep 2005] (This is applicable subject to the Section 83 of the RII (Amendment) Act No. 03 of 2011)

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Circular # 20 [25 May 2005] (Not applicable in view of amendment to Determination 9[13 Aug 2018])

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Circular # 19 – [18 Apr 2005] Submission of Audited Annual Accounts, Actuarial Report and Statutory Reports

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Circular # 18 (Amended)[22 Dec 2006] (This Circular has been disregarded by the Circular # 31 [13 Apr 2013])

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Circular #18 [18 Jan 2005] (This Circular has been disregarded by the Circular # 31 [13 Apr 2013])

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Circular # 17 – [29 Oct 2004] Guidelines on recommendations relating to resident visas

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Circular # 16 – [29 Oct 2004] Compliance with sections 34 & 78(1) of the RII Act

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Circular #15 [29 Oct 2004] Renewal of Registration (Not applicable from 7 Sep 2005 in view of Circular #21)

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Circular # 14 – [02 Aug 2004] Principal Officers of Insurance Broker Companies

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Circular # 13 [08 Jul 2004] (This Circular has been disregarded by Circular # 28 [12 Aug 2010])

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Circular # 12 – [27 Feb 2003] 1. Priority Asset Protection Insurance Brokers (Pvt) Ltd. 2. Grant of a Licence to an Insurer

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Circular # 11 [30 Oct 2002] (Not applicable in view of Circular 20 [20 May 2005])

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Circular # 10 – [30 Oct 2002] Qualifications of Insurance Agents

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Circular # 9 – [29 Aug 2002] Procare Insurance Brokers (Pvt) Ltd

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Circular # 8 – [26 Aug 2002] Order under Section 7 of the Regulation of Insurance Industry Act No. 43 of 2000

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Circular # 7 – [11 July 2002] Directors and employees liability insurance

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Circular # 6 – [01 Jul 2002] RO-PA Insurance Brokers (Pvt) Ltd

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Circular # 5 – [14 Jun 2002] Special Foreign Currency Accounts Permitted to Registered Insurers to Collect Insurance Premia in Foreign Currency

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Circular # 4 – [05 Jun 2002] 1. Overseas Health and Travel Insurance 2. List of Registered Insurance Brokers – Year 2002

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Circular # 3 – [24 Apr 2002] Approved Auditors

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Circular # 2 – [6 Nov 2001] Amana Takaful Limited

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Circular # 1 – [6 Aug 2001] General Awareness

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Optional Compensation Scheme for death or permanent disability of third-parties due to motor vehicle accidents

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Circular No. 04 of 2025 (08th December 2025) – Extending the time periods specified in Circular # 03 of 2025 on the Requirements on Premium Payment for Policies of General Insurance

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Circular No.03 of 2025 (17th November 2025) – Requirement of premium payment for general insurance

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Circular has been disregarded by Circular No. 01 of 2026 – Circular No.02 of 2025 (30th October 2025) Enforcement procedure for Non-compliances of AML/CFT obligations

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Circular on Optional Compensation Scheme for 3rd Party Death and Permanent Disability on Motor Traffic Accidents

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