Thursday, 11 December 2014

Union Assurance PLC demerges, incorporates separate entity for General Insurance

Union Assurance PLC has been demerged and will continue to carry on its long term insurance business while its General Insurance will be undertaken by Union Assurance General Limited with its registered offices at No. 20, St. Michael’s Road, Colombo 3.

This is following the demerger of the General Insurance business from the Life Insurance business as sanctioned by courts.

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