Continental Insurance gets A- Fitch rating

Friday, 28 November 2014 00:51 -     - {{hitsCtrl.values.hits}}

Continental Insurance Lanka Ltd (CILL) has been officially granted a Rating of ‘A- (lka) – Stable Outlook’, from Fitch, which elevates and endorses the level of CILL’s financial credibility and service quality. Given the fiercely competitive insurance industry in Sri Lanka, CILL has undoubtedly been one of the key players that has always gone the extra mile to offer a continuously improved service to its customers. The company blazed an impressive trail by setting the benchmark for excellence in the insurance industry. “As a socially responsible organisation which strives for constant self-development, we take great pride in this significant achievement,” said Continental Insurance CEO Gerry Gunadasa. “We’re happy to give our valued customers a further reassurance of our financial stability and give credence to the fact that we are, and have always been, an entity that is confident of meeting all financial commitments, regardless of their nature,” he added. Having achieved this international rating within such a short span of operations in Sri Lanka, CILL is confident that this remarkable achievement will be a further milestone on its journey to direct the course of Sri Lanka’s insurance industry. With a promising future ahead, the Company hopes to stay true to its vision and provide its customers with the most rewarding insurance experience possible. This is possible with CILL’s excellent record of being the most innovative and customer-friendly insurance service provider in South Asia. CILL is accredited with ISO 9001-2008 certification for Quality Management Systems, and it is engaged in the General Insurance business in Sri Lanka. During its short tenure of operations spanning 4 1/2 years, it has established a significant presence in the Insurance industry, which affords an added assurance to its customers. The company has been instrumental in providing innovative insurance products to the market, and these include tailor-made insurance products for both personal and business requirements. CILL is a member of the Distilleries Corporation of Sri Lanka (DCSL Group), which is accredited with a AAA (lka) rating from Fitch, thereby solidifying Continental Insurance with added strength and security.

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