The international and domestic industry is shocked as to how foreign companies are not required to comply with mandatory requirements by Acts of Parliament to obtain licenses, or laws designed to provide reinsurance broking services in Sri Lanka. They are also exempt from taxation, regulatory controls, regulatory costs and levies.
Photo Left to right: Micheal Hu Manager – Investment Promotion and Marketing CHEC Port City, Lakmini Wickramasinghe – Manager Sib, Omardeen Azardeen – Manager Sib, Chief Marketing Officer, CHEC Port City, Indrajith Fernando – Managing Director – Sib, Blair Lan – Director China Markets in Sri Lanka, Nishan Silva – Chief...