After more than a year since the LTTE was defeated, ending a 30-year war, the Joint War Committee (JWC) of Lloyds of London has removed Sri Lanka from a war risk insurance list.

Since the war ended the government has been lobbying for the removal of Sri Lanka from the ‘Hull War, Strikes, Terrorism and Related Perils Listed Areas’.

In a revision on March 11 this year, the JWC retained Sri Lanka in the war risk area list, the second Asian country with Pakistan. In its latest review dated June 9, 2010, the committee has deleted Sri Lanka from this list, leaving Pakistan to stand alone as a war risk area in Asia.