Sun, 27 Nov 2022 Today's Paper

Ceylinco General pays US $ 1mn advance to Shangri-La

29 April 2019 09:30 am - 1     - {{hitsCtrl.values.hits}}

A A A

Ceylinco General Insurance Deputy Managing Director Upali Witharana handing over the cheque Shangri-La Hotel Colombo General Manager/Vice President Timothy Wright. Also in the picture from left: Ceylinco General Insurance Sathyajith Wijeyapura, Director Ajith Perera Shangril-La Hotel Financial Controller Sathiamoorthie Shanmugam

 

 

 

Ceylinco General Insurance in collaboration with Chubb Insurance of USA have paid an advance of  US $ 1 million  to Shangri-La Hotel Colombo to commence repairs on April 25, just four days after the devastating bomb on Easter Sunday.  


A media statement from Ceylinco General Insurance said their officials visited Shangri-La within a few hours of the incident on Sunday, April 21, and got in touch with the hotel management immediately.  

“On Monday, April 22, an initial inspection was carried out and Ceylinco General Insurance in collaboration with Chubb Insurance, USA paid the advance to Shangri-La Hotel to help them expedite the repairs,” the statement said. 


Further assessments of the extent of damage will be carried out by a loss adjuster appointed by the reinsurer in consultation with Ceylinco General Insurance.  
The advance of US $ 1 million was arranged even before finalizing the initial investigation report, Ceylinco General Insurance said.  


Shangri-La properties in Sri Lanka and the Maldives are insured by Ceylinco Insurance in collaboration with Chubb Insurance, USA.  

 

 


Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 1

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka
  • JIM Monday, 29 April 2019 03:58 PM

    While it is commendable, the insurance company should not try to seek unjust enrichment when a payment is made out. Could the insurance company clarify how many other policies were declined citing frivolous reasons besides, Shangri La did pay for peace of mind via thumping premiums. No amont of payment covers loss of human life.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Downfall and death of LTTE’s Mahathaya

The Liberation Tigers of Tamil Eelam (LTTE) ceased to exist as a functioning

Rishi Sunak; why SL did not have a Tamil or Muslim as President?

Britain now has a British Asian, Hindu Prime Minister, though Rishi Sunak is

How and why MGR launched ADMK 50 years ago

17 October 1972 was a Tuesday. Fifty years ago on that auspicious day, a new

Amitabh Bachchan: Evergreen Emperor of Hindi cinema turns 80

Well-known Hindi film actor Amitabh Bachchan celebrated his eightieth birthda