The Colombo Stock Exchange included Ceylinco Insurance amongst the S & P Sri Lanka 20 index constituents at the annual index rebalance announced in December 2015. Ceylinco General Insurance Ltd and Ceylinco Life Insurance Ltd, announced excellent results for the year ended December 31,2015, recording yet another remarkable year.
Ceylinco Insurance joint Managing Director and Chief Executive Officer Ajith Gunawardena said during 2015, the company recorded a premium income of Rs.13.5 billion Rs.13,557 million), recording an impressive growth of 11.4 %, which signifies an increase of Rs.1.4 billion over the previous year. "Last year's performance was exceptional, and one of the best results recorded in the recent past,"he said.
Elaborating on the Life Insurance company's results, Joint Managing Director and Chief Executive Officer R Renganathan said Ceylinco Life Insurance Ltd achieved a premium income of Rs.13.4 billion (Rs.13,456 million), recording an impressive growth of 12.1%, or Rs.1.4 billion over 2014.Our performance represents a consolidation of our leadership in the life insurance industry for the 12th consecutive year."
The overall premium income of Ceylinco General and Ceylinco Life reached Rs.27 billion, indicating an increase of Rs.2.8 billion or an overall growth of 11.7% over the previous year.
Ceylinco General Insurance Managing Director Patrick Alwis said: "Ceylinco General Insurance paid claims amounting to Rs.6.4 billion during 2015, providing full settlement of all genuine claims in the quickest possible time, signifying an increase year on year of 14% in settled claims."
www.dailynews.lk
Ceylinco Insurance joint Managing Director and Chief Executive Officer Ajith Gunawardena said during 2015, the company recorded a premium income of Rs.13.5 billion Rs.13,557 million), recording an impressive growth of 11.4 %, which signifies an increase of Rs.1.4 billion over the previous year. "Last year's performance was exceptional, and one of the best results recorded in the recent past,"he said.
Elaborating on the Life Insurance company's results, Joint Managing Director and Chief Executive Officer R Renganathan said Ceylinco Life Insurance Ltd achieved a premium income of Rs.13.4 billion (Rs.13,456 million), recording an impressive growth of 12.1%, or Rs.1.4 billion over 2014.Our performance represents a consolidation of our leadership in the life insurance industry for the 12th consecutive year."
The overall premium income of Ceylinco General and Ceylinco Life reached Rs.27 billion, indicating an increase of Rs.2.8 billion or an overall growth of 11.7% over the previous year.
Ceylinco General Insurance Managing Director Patrick Alwis said: "Ceylinco General Insurance paid claims amounting to Rs.6.4 billion during 2015, providing full settlement of all genuine claims in the quickest possible time, signifying an increase year on year of 14% in settled claims."
www.dailynews.lk
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