Invitation to 12 th International Microinsurance Conference

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Morris Hutchinson
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1 Invitation to 12 th International Microinsurance Conference 15 th to 17 th November 2016 Colombo, Sri Lanka on behalf of Insurance Association of Sri Lanka

2 AGENDA Facts about Sri Lanka Sri Lankan Insurance Market Microinsurance in Sri Lanka 12 th International Microinsurance Conference in Colombo Attractions in Sri Lanka

3 Facts about Sri Lanka o Population 20.6 M o Literacy rate 95.6% o Per capita Income US$ 3,700 o GDP Growth rate 7.4% (2014) 7.2% (2013) o Inflation 3.3% (2014) o Unemployment rate 4.3%

4 Sri Lankan Insurance Market Size of the Insurance Industry US$ 790 M. Life Insurance Market US$ 343 M and Non-Life Insurance Market US$ 447 M for Market is consisting of 12 Non-life Insurance companies, 10 Life companies and 05 Composites companies which are in the process of segregating to separate Life and Non-life companies Insurance penetration 1.03% Insurance density US$ 38 per person Growth of 2014 over % In this year 1 st half over 10% growth recorded

5 Microinsurance in Sri Lanka Sri Lanka is a country where Microinsurance is widely recognized as a risk mitigation of the poor and practiced for a long time At present Microinsurance products are offered by Public sector (including social security schemes and products offered by National Insurance Trust Fund) Informal sector Formal Insurance sector

6 12 th International Microinsurance Conference in Colombo Insurance Association of Sri Lanka is hosting the 12 th International Microinsurance Conference in Sri Lanka Dates : 15 th to 17 th of November 2016 Venue : Cinnamon Grand Hotel, Colombo

7 12 th International Microinsurance Conference in Colombo Direct Air links to Colombo The national carrier Sri Lankan Airlines flies directly to/from 56 cities in 22 countries in Europe, Middle East, South East Asia and East Asia.

8 12 th International Microinsurance Conference in Colombo The following airlines are also flying to Sri Lanka on a regular basis Singapore Airlines : From Singapore Thai Airways : From Bangkok, Thailand Cathay Pacific : From Hong Kong via Bangkok or Singapore Malaysian Airlines : From Malaysia Air Asia From Malaysia Korean Air : From Seoul, Korea Emirates : From Dubai Fly Dubai : From Dubai Air Arabia : From Saharja Etiyad : From Abudabi Qatar airways : From Doha Qatar Saudi Air : From Jeddah, Riyadh and Dhamam (Contd )

9 12 th International Microinsurance Conference in Colombo The following airlines are also flying to Sri Lanka on a regular basis Oman Air : From Muscat Jet Airways : From Delhi and Mumbai, India Indian Airlines : From Chennai Spice Jet : From Chennai Turkish Airline : Istanbul, Turkey Kuwait Airways : From Kuwait Rotana Jet : From Abu Dhabi

10 12 th International Microinsurance Conference in Colombo VISA For the most of the nationalities, visit visa is granted online ( ) For others we could arrange the same provided they send a copy of their passport. Further we could also issue invitation letters, so that the delegates could apply for business visa through the Embassies in their respective countries.

11 Attractions in Sri Lanka City of Colombo Sri Lanka is a famous tourist destination with lots of attractions. Even the Colombo city is a blender of modern, Dutch & British buildings. It is a beautifully landscaped city with lot of greenery. Shopping plus restaurants, clothes and gems stones and jewelry shops are plenty.

12 Attractions in Sri Lanka City of Colombo

13 Attractions in Sri Lanka Beaches There are beautiful beaches right round the island and some of them are ranked as Top Beaches in the World. In addition to staying in beach resorts, the tourists can also enjoy whale watching and dolphin watching.

14 Attractions in Sri Lanka Heritage Cities The country is rich with culture with more than 2,500 years of written history and the ruins of the old cities are still existent. In heritage cities such as Anuradhapura, Pollonnaruwa and Sigiriya.

15 Attractions in Sri Lanka Golf Courses There are beautiful Golf courses in the country. The Colombo Golf course has a record of conducting the second old Golf tournament in the world.

16 Attractions in Sri Lanka Hill Country and Tea Estates You can reach the hill station namely Nuwara-Eliya in 4 hours which about 8,000 ft. above the sea level. The road to hill country through tea estates and you will pass many beautiful waterfalls. This trip is a scenic and memorable one.

17 Attractions in Sri Lanka Kandy It is a also a hill city which is about 2,500 ft. above sea level and the second biggest city in Sri Lanka. The famous temple Dalada Maligawa where the Lord Buddha s sacred tooth relic preserved. The biggest botanical garden Peradeniya Botanical Garden is also in this city. On the way to Kandy there is a world famous Elephant Orphanage which is a big attraction for those who are travelling to Kandy.

18 Attractions in Sri Lanka Wild Life Parks There are many wildlife parks in Sri Lanka and the visitors could see many animals in open jungle particularly Elephants and Leopards.

19 Attractions in Sri Lanka World Heritage sites There are couple of Heritage sites protected by UNICEF in Sri Lanka which includes Sigiriya (the rock fortress), Singharaja Rain Forest, Dutch Galle Fort.

20 See you in Colombo in 2016 Dr Jagath Alwis

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