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Sri Lanka: 20 brokers respond to reinsurer's retrocession call

Source: Asia Insurance Review | Oct 2015

Sri Lanka’s sole reinsurance agency, the National Insurance Trust Fund, has received expressions of interest from 20 local and international brokers to its retrocession programme for 2016.
   Mr Manjula de Silva, the Chairman of NITF, told the local newspaper, Business Times, they will soon be linking up with a foreign reinsurer to secure appropriate reinsurance protection in the event of a major natural disaster.
   Mr de Silva was appointed as the Chairman of the NITF Board with effect from 6 April 2015.
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