Sri Lanka Eagle Insurance says competition eroding profitability
Apr 14, 2009 (LBO) – Sri Lanka's Eagle Insurance, whose 2008 profits fell 12.0 percent to 463.7 million rupees, says it faces tough competition in motor …
Insurance
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Sri Lanka Insurance Corp gets to renew petroleum cover
March 27, 2009 (LBO) - Sri Lanka Insurance Corporation (SLIC), part of the Distilleries group controlled by businessman Harry Jayawardena, has renewed its …
Sri Lanka Allianz unit pre-tax profit up
March 19, 2009 (LBO) - The Sri Lanka unit of Allianz Insurance, a German insurer, said net profit before tax rose 63 percent to 86 million rupees in 2008 from …
Sri Lanka HNB Assurance profit up
March 13, 2009 (LBO) - Sri Lanka's HNB Assurance said after tax profit rose 33 percent to 164. online pharmacy buy spiriva inhaler with best prices today in …
Sri Lanka seeks insurance after Pakistan attack
March 4, 2009 (AFP) - Sri Lanka on Wednesday called for bids to insure the national cricket team, a day after a gunmen ambushed their bus in Pakistan, leaving …
Sri Lanka Ceylinco Insurance veterans promoted
March 03, 2009 (LBO) - Sri Lanka's Ceylinco Insurance said it has appointed Rajkumar Renganathan and Ajith Gunawardena, chief executive directors of the …
Sri Lanka Union Assurance profits up
Feb 10, 2009 (LBO) - Sri Lanka's Union Assurance said group net profit for the December quarter shot up 33 percent to 232 million rupees from a year ago with …
Sri Lanka Ceylinco Insurance says life premium up 20-pct
Jan 06, 2009 (LBO) - Sri Lanka's Ceylinco Insurance Company said premium income at its life division rose 20.37 percent to 7.4 billion rupees in the 12 months …
Sri Lanka Asian Alliance Insurance BB+ rating confirmed by RAM
Dec 15, 2008 (LBO) - RAM Ratings has confirmed the BB+ claims-paying ability rating of Sri Lanka's Asian Alliance Insurance (AAI) with a stable outlook. To …
Sri Lanka Allianz unit expands into life
Nov 14, 2008 (LBO) - The Sri Lanka unit of Allianz Insurance, a German insurer, is expanding into life after making inroads in the corporate insurance market …
Sri Lanka HNB Assurance Sept quarter earnings boosted by tax rebate
Nov 04, 2008 (LBO) – Sri Lanka’s HNB Assurance said net profit for the September quarter rose 90 percent to 23.6 million rupees helped by a 9.7 …
Sri Lankan actuaries form professional body to meet growing demand
Oct 20, 2008 (LBO) - Sri Lankan actuaries, business professionals who analyse the financial consequences of risk, have banded together to form a professional …
Sri Lanka Insurance gets AA- rating from RAM
Sept 19, 2008 (LBO) - Sri Lanka Insurance Corporation Ltd (SLIC) has been rated 'AA-' by RAM Ratings, with a 'stable' outlook, saying the firm is well …
AIG’s roots run deep in Asia
SINGAPORE, September 17, 2008 (AFP) - AIG has deep roots in Asia, and the troubled insurance giant is now trying to reassure millions of policyholders and tens …
Sri Lanka demographic changes excites insurer
Sept 04, 2008 (LBO) - Demographic changes in emerging Asian nations like Sri Lanka and rising prosperity is presenting new growth opportunities for insurers to …
Sri Lanka’s Janashakthi Insurance recovers in first half
Aug 25, 2008 (LBO) – Sri Lanka's Janashakthi Insurance Company recovered to post a profit of 82.2 million rupees for the first half of 2008, from a loss …
Sri Lanka’s HNB Assurance June net drops, revenue improves
Aug 22, 2008 (LBO) – Sri Lanka's HNB Assurance June quarter net profit slipped three percent from a year ago as claims increased and the life insurance …
Sri Lanka Eagle Insurance June quarter profit falls
Aug 15, 2008 (LBO) - Sri Lanka's Eagle Insurance group June quarter net profit fell by almost half compared with the same period a year ago, according to …
Sri Lanka’s Union Assurance June quarter net up by more than half
Aug 11, 2008 (LBO) - Sri Lanka's Union Assurance said its group June quarter net profit rose 63 percent to 49 million rupees from a year ago. Revenue for the …
Sri Lanka insurance regulator cracks down on misleading ads
July 31, 2008 (LBO) - The Insurance Board of Sri Lanka has revealed it had warned several insurance firms that violated regulations and also resorted to …