annual report 2005 insurance board of sri lanka 1 contents mission 02 vision part general information 04 members the 05 chairman s statement 06 director review 08 2 11 administration rii act legislation licensing and market structure agents 12 levy cess from companies13 policy holders protection fund 13 tariff 14 srcc & t 15 exemptions insurers brokers 16 other related matters 17 association institute south asian regulators forum 18 national council for road safety 19 3 statistical 2004 21 premium income long term business 22 25 performance 31 initiatives work in progress 32 regulation supervision consumer issues 34 corporate governance awareness education 35 4 supervisory activities 39 regulatory 44 investigations 50 development 52 administrative 54 5 financial statements 58 auditor 72 responses to