The government’s “Rebuilding Sri Lanka” programme, launched to support recovery efforts following the devastation caused by Cyclone Ditwah, has secured Rs. 1,893 million in contributions from local donors, Sri Lankans living abroad, and several institutions, according to Dr. Harshana Suriyapperuma, Secretary to the Ministry of Finance, Planning and Economic Development.Dr. Suriyapperuma noted that a special meeting - convened by the Insurance Regulatory Commission of Sri Lanka and attended by the heads of all major insurance firms-was held to develop a unified compensation mechanism for cyclone-related losses.
During this discussion, insurers confirmed that they have already rolled out a fast-track compensation process for affected individuals and businesses. Payments for minor property damage have begun, ensuring quick financial relief to those impacted.
For major property losses, compensation will be finalized after necessary assessments are completed. However, representatives from insurance companies assured that partial payouts will be released immediately, even before full evaluations conclude, to help families and businesses begin recovery without delay.
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