ABC Insurance managing director Vinnie Guneratne said the company was moving ahead having resolved the issue with the regulator.
The company is part of Sri Lanka'a ABC group which has a strong presence in the shipping industry. .
Sri Lanka ABC Insurance suspension lifted
April 23, 2008 (LBO) – Sri Lanka's insurance watchdog said it had lifted a suspension of ABC Insurance after the firm complied with solvency rules. The Insurance Board of Sri Lanka said it had lifted a suspension of its registration after the firm had taken corrective measures to comply with general insurance solvency margin rules.