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Despite the challenging market conditions with pressures rising on disposable incomes and the need of an insurance policy becomes less of a priority, life insurer, Union Assurance PLC (UAL), increased both its gross written premiums (GWPs) and profits during its recent quarter ended September. UAL posted a net profit of Rs.70.8 million recording an increase of 39 percent on year but the profits did not include a surplus from the life busine
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The BCC Lanka (British Ceylon Corporation), launched by the British nearly 100 years back, currently operates under the Ministry of State Enterprises Development under the theme ‘From Your Organization For You’ under a new management,
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Catwalk Textile Palace of Matara has taken the history of Sri Lanka’s social service activities to an entirely new dimension. It has made the necessary arrangements to donate a whole plethora of gifts to low-income families with more than five children.
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Hatton National Bank (HNB) celebrated the 27th milestone year of its flagship microfinance scheme, ‘Gami Pubuduwa’ (Village Awakening), at the annual Field Officers’ Conference, which included a series of educational and personal development events and concluded on a high note with an awards ceremony to honour its field force for their contribution in the years 2014 and 2015.
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FLEXiT fixed deposit launched by UB Finance in November 2016 is another innovative investment product introduced by the company in keeping with its premise to offer its clientele a better deal with maximum returns, flexibility, security and unparallel service.
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DFCC Bank was felicitated as one of the Best Performing Public Quoted Companies in Sri Lanka at the 2015/16 Business Today Top 30 Awards, at an august ceremony recently held at The Hilton Colombo. DFCC Bank CEO Arjun Fernando received the award from Finance Minister Ravi Karunanayake.
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Six members of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), including the institute’s incumbent President Lasantha Wickremasinghe and several past presidents, have been appointed by the International Federation of Accountants (IFAC) to serve in some of its top committees.
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Nearly 2,200 people have received free medical checks this year courtesy of Ceylinco Life under the life insurance leader’s ‘Waidya Hamuwa’ (Meet the Doctor) community programme, which has benefitted some 135,000 people in 13 years.
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Janashakthi Insurance recognised six students of the Wayamba University ‘Insurance and Valuation Degree’ batch for their outstanding performance at a special awards ceremony recently, where the batches of 2015 and 2016 were awarded Gold, Silver and Bronze medals along with cash prizes.
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Walkers Tours Limited retained its title as Asia’s first and only to own a vehicle fleet that is certified with the leading global environmental sustainability accreditation ‘CarbonNeutral’, for a fourth consecutive year.
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Founded by Savindri Talgodapitiya and Vindhya Buthpitiya, The Fields Travel Company focuses on making sure you have the best trip possible every time, whether you are a first-time adult traveler or an experienced jetsetter.
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The Call to Donate campaign, launched by Sri Lanka Insurance (SLI) on November 1, has become an outstanding success, attracting over 500,000 missed calls within the short space of two weeks, long before its deadline of November 30.