President Stresses Need for Strategic Growth at Sri Lanka Insurance Corporation
President Anura Kumara Dissanayake has emphasized the importance of transforming the Sri Lanka Insurance Corporation (SLIC) into a key contributor to the national economy through efficient and strategic investments.
During a discussion held today (March 7) at the Presidential Secretariat with SLIC officials, the President underscored the need for strong management practices to enhance the profitability and sustainability of the state-owned insurer.
Ensuring Financial Stability & Responsible Management
- The President cautioned that financial mismanagement at SLIC could have direct consequences for public investors, stressing the need for responsible financial stewardship.
- The meeting included a comprehensive review of SLIC’s current operations, investment portfolio, and future growth strategies.
- Discussions focused on enhancing returns, expanding market share, and strengthening financial stability.
High-Level Participation
The meeting was attended by:
- SLIC Chairman Nusith Kumaratunga
- Board of Directors members
- Senior SLIC officials
With the insurance sector playing a vital role in economic stability, the government aims to position SLIC as a leading institution that drives sustainable financial growth while protecting policyholders and public investments.
