Friday Nov 15, 2024
Friday Nov 15, 2024
Tuesday, 5 June 2018 00:00 - - {{hitsCtrl.values.hits}}
Sri Lanka Insurance has announced a Life Insurance Bonus of Rs 6.8 billion for this year, recording the largest Life Insurance Bonus ever to be declared in the insurance industry.
The company achieved this historic milestone by surpassing its own record of Rs 6.2 billion declared as Life Insurance Bonus in the year 2017.
Sri Lanka Insurance also recorded the largest Life Fund in the local insurance industry to date with a ground-breaking Rs. 98.5 billion in its Life Fund.
Over the past year, Sri Lanka Insurance has been declaring increasing bonuses to its Life policyholders. It has given over Rs 50 billion in total as Life Insurance bonuses since 2006.
Sri Lanka Insurance’s prudent investment management strategies and accumulating Life Fund have enabled the company to give higher returns to its policyholders.
Sri Lanka Insurance, the pioneer as well as the leading national insurance company, has recorded an outstanding performance while reporting a significant growth in its assets base to Rs. 190 billion, which is again the largest in the insurance industry.
Sri Lanka Insurance’s brand has also been ranked among the ‘Top Five of the Most Loved Brands’ and the ‘Most Loved Insurance Brand in the Island’ in the ‘2018 Brands Annual’ published recently.
The company has also introduced increased dynamism and expertise to all customer care and operational procedures, among which is the launch of its online portal for the convenience of busy customers. The company is also in the process of expanding its branch network, which currently stands at over 120, to provide even better services to its customer case.
Sri Lanka Insurance, with over five decades of service to the nation, is the island’s largest and strongest insurer. It is the first insurance company in the country to have been assigned a global rating for financial stability, AA+ (lka) from Fitch Ratings, London, which is an assurance of the company’s long-term financial sustainability. The company has also been awarded ISO 9001:2015 certification for correct governing and operational procedures in line with accepted global standards.
