Ceylinco Insurance invited to AIRDC Board

Ceylinco Insurance has been invited to represent Sri Lanka on the Executive Board of the Association of Insurers and Reinsurers of Developing Countries (AIRDC). The Executive Board of AIRDC constitutes 15 representatives of full member nations.

The Association of Insurers and Reinsurers of Developing Countries (AIRDC) was set up during the second Third World Insurance Congress in Buenos Aires Argentina in 1980. Among its objectives are strengthening the insurance market in developing countries and fostering inter-regional cooperation within the insurance industry.

“The Association helps its member organisations in gathering, processing and exchanging of statistical data and information, share experiences and expertise relating to the insurance industry, develop programs of insurance education and research on common problems in the insurance market, implement concrete means of technical cooperation as well as co-operate with public and private entities and with associations and regional organisations devoted to the promotion of the insurance industry in different parts of the world,” a spokesman for Ceylinco Insurance said.