Sri Lanka Allianz unit enters life insurance market
July 30, 2008 (LBO) - Allianz Lanka, the Sri Lankan unit of Germany's Allianz SE, said it has got the license to enter the largely untapped life insurance …
Insurance
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Sri Lanka Ceylinco Insurance share issue applications rise
July 09, 2008 (LBO) - Applications for Sri Lanka's Ceylinco Insurance non-voting share issue have been steadily increasing, according to registrars to the …
Sri Lanka’s Ceylinco Life says PDAs to enhance sales
June 19, 2008 (LBO) – Sri Lankan insurance firm Ceylinco Life said it was arming its sales force with Personal Digital Assistants or PDAs in an effort to …
Sri Lanka Janashakthi Insurance gets Rs800mn in subscriptions
June 17, 2008 (LBO) – An initial public offer of Janashakthi Insurance has so far received 5,500 applications worth 800 million rupees, an official said …
Sri Lanka insurance IPO gets foreign interest
June 13, 2008 (LBO) – Sri Lanka's Janashakthi Insurance says there is strong foreign interest centered around the Middle Eastern region for their 400 …
Sri Lanka Allianz unit offers title insurance
June 11, 2008 (PBO) “ The Sri Lanka unit of Allianz Insurance said Wednesday it has begun offering title insurance cover for property transactions by …
Sri Lanka Janashakthi IPO braves slow market
June 05, 2008 (LBO) – The initial public offer of Janashakthi Insurance that is opening this month, the first in two years in the island, is a bold move …
Sri Lanka Janashakthi public offer opens June 16
June 03, 2008 (LBO) – An initial public offering of Janashakthi Insurance would open on June 16, the Colombo Stock Exchange said, making it the first …
Sri Lanka Allianz unit offers directors and officers liability insurance
May 15, 2008 (LBO) - Allianz Insurance Lanka has launched a business unit to provide directors and officers (D&O) liability insurance to Sri Lanka's private …
Sri Lanka Ceylinco starts outpatient health insurance
May 12, 2008 (LBO) – Sri Lanka's Ceylinco Insurance is offering cover for outpatient services which would be made available through a network of …
Sri Lanka Eagle Insurance March quarter profits drop
May 08, 2008 (LBO) – Sri Lanka's Eagle Insurance group March quarter net profit fell by half although revenue went up, according to the results sent to …
Sri Lanka’s HNB Assurance March net up 9-pct
May 08, 2008 (LBO) – Sri Lanka's HNB Assurance Ltd's March quarter profits increased nine percent to 14.1 million rupees while revenue increased 40 …
Sri Lanka Eagle claims handled round-the-clock
May 06, 2008 (LBO) – Sri Lanka's Eagle Insurance has upgraded its customer care call centre with a single hot line for easy access and motor related …
Sri Lanka’s ABC Insurance goes rural
April 26, 2008 (LBO) – Sri Lanka's ABC Insurance Company says its premiums rose 300 percent to 129 million rupees in the year to March 2008, following …
Sri Lanka ABC Insurance suspension lifted
April 23, 2008 (LBO) – Sri Lanka's insurance watchdog said it had lifted a suspension of ABC Insurance after the firm complied with solvency rules. The …
Sri Lanka Ceylinco to push retirement thinking in May
April 23, 2008 (LBO) – Sri Lanka’s Ceylinco Life is lunching a month long campaign in May to promote retirement planning, as knowledge about the …
Sri Lanka Janashakthi, Kayjay in home security insurance deal
April 20, 2008 (LBO) - Insurers have been collaborating with banks to sell their services for years, but a tie up with a security firm looking after …
Sri Lanka life insurance market eyed by German insurer
April 02, 2008 (LBO) – German insurance company Allianz says its Sri Lankan insurance business has become very profitable and the company aims to extend …
Sri Lanka Janashakthi Insurance to sell 16.5mln shares at Rs12
Mar 27, 2008 (LBO) – Sri Lanka's Janashakthi Insurance is planning to sell 16.5 million shares priced at 12 rupees a share through an initial public …
Sri Lanka Allianz Insurance profit up, expands branch network
March 17, 2008 (LBO) - Sri Lanka's Allianz Insurance Lanka, a unit of German insurance giant Allianz SE, said pre-tax profit shot up 258 percent to 53. online …