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Janashakthi Life team receives Insurance Category Gold award at TAGS Awards 2025
Janashakthi Life secured the Gold award in the Insurance Category among the companies recording a gross written premium of up to Rs.10 billion, at the recently concluded prestigious TAGS Awards 2025, organised by CA Sri Lanka.
The company also received recognition for excellence in Financial Services Corporate Governance Disclosure, reflecting its high standards in regulatory adherence and board-level supervision.
The awards ceremony, held recently at Shangri-La Colombo, commemorated the landmark ‘Diamond Chapter’ edition of the TAGS Awards, celebrating six decades of advancing excellence in corporate reporting in Sri Lanka.
Organised in collaboration with the Colombo Stock Exchange, the TAGS (Transparency, Accountability, Governance and Sustainability) Awards are aligned with the global reporting standards and Janashakthi Life’s Gold award reflects enhancements made to its integrated reporting framework, strengthened risk and capital disclosures and improved articulation of long-term value creation.
The company’s 2025 annual report demonstrated a clear linkage between strategy, risk management and financial performance, structured disclosure of governance oversight and board committee effectiveness, transparent reporting on solvency, capital adequacy and operational resilience, forward-looking insights into sustainability and long-term value creation and improved stakeholder-focused presentation and digital accessibility.
Janashakthi Life Director and CEO Ravi Liyanage said, “This Gold standard recognition at the 60th anniversary TAGS Awards affirms that Janashakthi Life’s reporting standards reflect not only regulatory compliance but governance discipline and transparency that meet the expectations of policyholders, investors and regulators alike.”
Janashakthi Life Chief Financial Officer Jude Shanmugam added, “The evolving TAGS evaluation framework places greater emphasis on forward-looking insights and governance clarity and we are pleased that our efforts have been recognised at the highest level within our category.”