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Genre: Non-Fiction, Finance, Insurance, Academic Textbook, Reference
Ratings: ⭐⭐⭐⭐☆ (4.5/5)
Book Review:
This book positions itself as the definitive and most authoritative guide on the Sri Lankan insurance industry, and it thoroughly lives up to that claim. Dr. Wickramasinghe provides a comprehensive and meticulously detailed analysis that is current up to late 2007, making it an invaluable historical snapshot and a foundational text.
The strength of this book lies in its incredible breadth. It goes beyond basic theory to explore highly specific and critical areas such as Takaful (Islamic insurance), corporate governance, Bancassurance, and proposed amendments to the Insurance Act. This depth makes it far more than just an introductory text; it's a serious reference for practitioners.
Written in clear and accessible language, it successfully demystifies complex industry topics. As the description notes, this is the essential recommended read for a wide range of professionals—from legislators and CEOs to actuaries, students, and sales personnel involved in the Sri Lankan market.
The primary limitation for a general reader is its very specific regional and temporal focus. However, for anyone seeking a deep, scholarly, and practical understanding of the structure, challenges, and operations of the insurance sector in Sri Lanka during this period, this book is undoubtedly the go-to resource