Amãna Takaful hosts 14th AGM

Thursday, 6 June 2013 01:43 - - {{hitsCtrl.values.hits}}

Amãna Takaful, one of Sri Lanka’s fastest growing composite insurers, recently held its 14th Annual General Meeting (AGM) with the participation of the Board of Directors, shareholders and staff members at the Sri Lanka Foundation Institute.

Amãna Takaful announced that they posted a modest growth in all areas of the business up to the quarter ending 31 March 2013. The company reported that a consolidated revenue of Rs. 463.4 million, a growth of 15% over the same period last year, while posting a profit of Rs. 22.9 million before tax, an increase of 55% for the same period, sustaining a profit momentum into 2013.

In keeping with the Takaful concept, Amãna Takaful (ATPLC) also announced to its General insurance customers a ‘payment of surplus’, which essentially means Takaful policyholders will receive a proportionate rate from the surplus of the risk fund. This really gives meaning to the company’s proposition ‘Redefining insurance’.

One of the few ISO certified insurance operators in Sri Lanka, Amãna Takaful now operates in 22 locations with plans of expanding its footprint further. ATPLC also operates three key strategic business units that specialise in Life, General and medical Takaful, essentially structured to serve the dynamic and ever-changing customer segments.