Procurement of The Retrocession Programme to Cover 30% Compulsory Reinsurance Cession for The Period from 01/07/2023 to 30/06/2024

• Country: Sri Lanka
• Summary: Procurement of The Retrocession Programme to Cover 30% Compulsory Reinsurance Cession for The Period from 01/07/2023 to 30/06/2024
• LKT Ref No: 82531799
• Deadline: 31 May 2023
• Financier: Self Financed
• Purchaser Ownership: Public
• Tender Value: Refer Document
• Notice Type: Tender
• Document Ref. No.: NITF/PRO/SCAPC/2023/02
• Purchaser's Detail:

Purchaser : NATIONAL INSURANCE TRUST FUND
4th Floor, No. 95, Sir Chittampalam A Gardiner Mawatha, Colombo 02, Attn: Manager Reinsurance & SRCC Tel: +94 112026669, Fax: +94 114700988
Email :pro_reinsurance@nitf.lk
URL :http://www.nitf.lk/

• Description:
• Tenders are invited for Procurement of The Retrocession Programme to Cover 30% Compulsory Reinsurance Cession for The Period from 01/07/2023 to 30/06/2024. Whole Account Excess of Loss Risk and Catastrophic Reinsurance Programme to Protect 30% Compulsory Reinsurance Cession to NITF of All Proportional, Non- Proportional, Treaty and Facultative Reinsurance of The General Insurance Business of Each Company Transacting General Insurance Business in Sri Lanka. Non-Refundable Fee: LKR 75,000/- or USD 210. LKR Bank Account: Name of the bank People-s Bank Branch Queens Branch Account Name National Insurance Trust Fund Account No 033-1-001-0-0000061 Swift Code PSBKLKLX USD Bank Account : Name of the bank People-s Bank Branch Queens Branch Account Name National Insurance Trust Fund Account No 033-4-021-4-2467951 Swift Code PSBKLKLX. Bid Security: LKR 8,000,000/- or USD equivalent. A Pre-Bid Meeting Will Be Held: 17th May 2023, 10:00 hrs, at National Insurance Trust Fund, 4th Floor, No.95, Sir Chittampalam A Gardiner Mawatha, Colombo 02, Sri Lanka. Deadline: 2023-05-31.
• Documents:

 Tender Notice