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Power to Dream
HNB Assurance’s first ever Integrated Annual Report, themed ‘Power to Dream’, escalated the company to the prestigious top position in the insurance industry in the South Asian Region with its bagging of the Gold Award for the Best Annual Report in the insurance sector. This is the second time that the company was acclaimed this position. Beating industry giants to reach the apex twice in a row, within its short life span of 13 years is considered a remarkable achievement in the history of the company.
The SAFA is an Apex Body of the South Asian Association for Regional Co-operation (SAARC) and the Regional Grouping of International Federation of Accountants (IFAC), which represents over 170,000 accountants who are members of national chartered accountancy and cost and management accountancy institutions in South Asia. HNB Assurance has done exceptionally well to have won this prestigious SAFA Award among a total of 85 Awards while the remaining prizes were shared between companies from India, Pakistan, Bangladesh and Nepal.
Transparency and Accountability
“HNB Assurance has been awarded for its mission of promoting transparency and accountability and for promoting better accounting and auditing standards in the SAARC Region and this award is a great tribute to the excellent teamwork and dedication of people at all levels as well as to our customers and shareholders who have placed their confidence in the company,” stated HNB Assurance Managing Director Manjula de Silva.
HNB Assurance Chief Financial Officer Vipula Dharmapala stated that this is the third Annual Report Award that HNB Assurance PLC has won for its Annual Report 2012. They won the Overall Excellence in Annual Financial Reporting – Bronze Award (joint), and the Gold Award in the Insurance Companies Sector at the Chartered Accountants Annual Report Awards 2013.
HNB Assurance PLC is one of the fastest growing Insurance Companies in Sri Lanka with a network of 51 branches. HNBA is a composite Insurance company with a rating of A (lka) by Fitch Rating Lanka for ‘National Insurer Financial Strength Rating’ and ‘National Long- term Rating’. HNBA is also rated within the Top 100 Brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance recently won International awards for Brand Excellence and HR Excellence and also won many awards for its Annual Reports at the Award ceremonies organised by the Institute of Chartered Accountants of Sri Lanka, ACCA Sri Lanka (Association of the Chartered Certified Accountants) and SAFA (South Asian Federation of Accountants).
