Direction #7 of 2026 – Direction on Principal Officers of Insurance Companies and Insurance Brokering Companies (In place of Direction # 1 of 2026 – 12th January 2026)
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Direction No. 6 of 2026 (2nd April 2026) – Direction to all general insurance engaged in motor insurance business
Direction 5 of 2026 (31st March 2026) – Direction on premium payment for policies of motor insurance
Direction 4 of 2026 (31st March 2026) – Direction to insurance companies and insurance brokering companies engaged in general insurance business
Direction No. 3 of 2026 (11th March 2026)-The Regulation of Insurance Industry Act, No. 43 of 2000-Direction
Postponement of Direction 3 of 2026
Direction No. 2 of 2026 (Amended Direction No. 3 of 2024) – Direction on advertisements issued to insurance companies, insurance brokers and insurance agents
Direction No 1 of 2026 – Direction on Principal Officers of Insurance Companies and Insurance Brokering Companies (In place of Direction # 2 of 2023 – 27th July 2023)
Direction No 6 of 2025 (08.12.2025) – Immediate measures that are required to be taken by all General Insurance companies in relation to the catastrophic event faced by the insured public due to floods and Cyclone Ditwa
Direction No 5 of 2025 (05.12.2025) – Direction to all General Insurance Companies to disclose all types of premium charges any other policy charges separately and comply with SRCC & T requirements
Direction No 4 of 2025 (28.10.2025) – Direction on issuing Insurance Product Information Document by Insurance Companies and Insurance Intermediaries
Direction No. 3 of 2025 (15.08.2025) – Direction on Compliance with the minimum net capital requirement by insurance brokers
Direction No 2 of 2025 (25.04.2025) – Direction on Improving the Confidence Level of the Policyholders
Direction No 1 of 2025 (25.04.2025) – Direction on Need Assessment and Customer Onboarding Process for Long-Term Insurance Business
Direction No 7 of 2024 (25.09.2024) – Overseas Health Insurance Amendment to Direction #11
Direction 5 of 2024 (22nd August 2024) Sale of Insurance products to customers of Mobile Network Operators’ (MNOs) and Fixed Line Operators’ (FLOs) through the usage of data and platform of MNOs and FLOs
Direction 4 of 2024 (08th May 2024) – Dividend declaration and distribution
Direction 2 of 2024 (8th February 2024) – Direction issued to insurers and brokers on qualifications of insurance agents (verification of qualifications of insurance agents)
Extension of the deadline to comply with the Direction #2 of 2004 issued on 8th February 2024 on qualifications of insurance agents (Verification of educational qualifications of Insurance agents)
Further extension of the deadline to comply with Direction # 2 of 2024 issued on 8th February 2024 on qualifications of insurance agents (verification of educational qualifications of insurance agents)
Direction No 1 of 2024 (1st Feb 2024) in Respect of Long-Term Insurance Products
Direction 02 of 2023 (27th July 2023) – Principal Officers of Insurance Companies and Insurance Brokering Companies (in place of Direction #5 of 2021 – 16th December 2021 and Direction # 12 of 2017 – 4th December 2017)
Direction # 01 of 2023 (19th June 2023) – Regulation of insurance industry act – Condition of average
Clarification on Direction # 1 of 2023 – Condition of Average
Direction # 03 of 2022 (24th August 2022) – Cooling off period, guaranteed and Non-guaranteed benefits and applicable schedules of long term insurance policy.
Direction # 02 of 2022 – Revised (25th February 2022)-Revision to Direction # 02 of 2022 (03rd February 2022) on Corporate Governance Framework for Insurers
Direction # 02 of 2022 (03rd February 2022) – Revision of Direction # 17(08th June 2020)
Direction 01 of 2022 (26th January 2022) – Restriction on Providing Code and Restriction on Changing Codes.
Direction No 5 of 2021 (16th December 2021 ) – Revision of Direction #09 (13th May 2016) on Principal Officers of Insurers and Insurance Brokers
Direction 4 of 2021 (06th September 2021) – Termination of using Telecommunication Service Providers’ Platforms (Mobile Insurance) and matters connected therewith and incidental thereto.
Dividend declaration and distribution (Amendment) 1 of 2021 (30th August 2021)
Direction 3 of 2021 (29th July 2021) – Direction #14 (Revised)
Direction 1 of 2021 (10th March 2021) – Dividend declaration and distribution
Direction 2 of 2021 (24th March 2021) – Restriction on providing codes & Restriction on changing codes.
Amendments to Direction 17 on Corporate Governance
Direction #22 – Procedure to be followed when conducting inquiries in relation to insurance agents
Direction #21 – Alleged Unfair practices of Banks, Finance and Leasing companies (BFLs) towards Insurance Agents and Brokers by forcefully changing existing agents’ code
Direction #20 Prohibition of Payments to Parent, Related AND /OR Unrelated Companies by insurers for usage of acronym and / or trade mark
Direction #19 – Compliance with minimum net capital requirement (Amendment)
Direction #19 – Compliance with minimum net capital requirement
Direction #18 (To all Long Term Insurance companies) – Unclaimed Benefits of long Term Insurance Business
Direction 17 (To all insurance companies) – Corporate Governance Framework for Insurers
Direction #16 (To all long term insurance companies) – Identification and Treatment of One-Off Surplus
Direction #15 (To all long term insurance companies) Procedures on Management of Insurance Funds – Long Term Insurance Business
Direction #14 – Industry to refrain from employing persons whose service had been terminated on the grounds of financial misappropriation or fraud
Direction #13 (To all insurance companies) – Role and responsibility of the Specified Officer
Direction #12 (To all insurance companies and insurance brokering companies) – Principal Officers to provide communications with the Insurance Regulatory Commission of Sri Lanka to their Board of Directors
Direction #11 (To all insurance brokering companies) – Overseas Health Insurance – Not applicable
Direction #10 (To all insurance brokering companies) – Business conducted by Insurance Brokers other than Insurance Brokering Business
Direction #09 (To all insurance companies and insurance brokering companies) – Role and responsibility of the principal officer of an insurer and an insurance broker
Direction #08 (To all long term insurance companies) – Standard Cooling off period for long term insurance products
Direction #07 (To all insurance companies and insurance brokering companies) – Changes in Ownership and Control of Insurers and Brokers
Direction #06 (A) (To all insurance companies) – Amendment to Direction #06 (a)(i) & (ii)
Direction #06 (To all insurance companies) – Settlement of Insurance Claims
Direction #05 (To all insurance companies and insurance brokering companies) – Engage the services of Insurance Agents (other than individuals)
Direction #04 (To all insurance companies) – Use of Common Infrastructure
Direction #03 (A) (To all insurance companies) – Amendment to Direction #03(iii)
Direction #03 (To all insurance companies) – Principal Officer and Specified Officer of Insurers
Direction #02 (Amendment ) Delivery of Policy Documents – 13th March 2020
Direction #02(B) (To all insurance companies) – Amendment to Direction #02
Direction #02A – Extending the period mentioned in the 1st sub paragraph of the 2nd paragraph from one week to 14 days
Direction #02 – Supply of Policy Documents
Direction #01 – Insurance Brokers in their names to include the expression Insurance Brokers to indicate that such person is carrying on insurance brokering business
Cancelled w.e.f. 27.10.2025 Direction No. 6 of 2024
Cancelled w.e.f 19.02.2026 Direction No. 03 of 2024
Cancelled w.e.f.31.05.2024 Direction No. 01 dated 14.10.2004
Cancelled w.e.f. 31.05.2024 – Direction No. 02 dated 04.01.2005
Cancelled w.e.f. 31.05.2024_Direction No. 03 dated 04.08.2005
