Ceylinco Insurance will settle all claims of flood victims on or before June 3.The sum is expected to be in the excess of Rs. 1.6 billion.
Ceylinco General Insurance Chief Executive Officer Ajith Gunawardane said they have received over 2,000 claims which include 800 for motor vehicles and around 1,200 for property which also include factories and other business establishments. “We have all ready paid ove Rs. 425 million so far.”
Gunawardane said that they will look at the issue from a humanitarian angle as they did for the 2004 tsunami. “If any of our customers are affected and have
made a claim we will settle it 100%. We have gone a step further and have decided to pay a percentage to other damages sustained by our customers.” If a person has taken car insurance and his property or business was not insured Ceylinco Insurance will pay a percentage of that damage as well.” Gunawardane said Ceylinco has also taken a decision to pay a percentage of damage to community centers that also include places of religious, health and others who are never insured.
The company has made huge profits and we are ready to give them back to
people who need it now. “We have now appointed a special task force for this.”
He recalled that during the tsunami too Ceylinco paid the highest claims in
the Sri Lanka history to the tune of Rs. 4 billion.
Meanwhile an official from Sri Lanka Insurance said they too received claims to the value of over Rs. 1.5 billion. “We will start paying them from Friday.”
www.dailynews.lk
Ceylinco General Insurance Chief Executive Officer Ajith Gunawardane said they have received over 2,000 claims which include 800 for motor vehicles and around 1,200 for property which also include factories and other business establishments. “We have all ready paid ove Rs. 425 million so far.”
Gunawardane said that they will look at the issue from a humanitarian angle as they did for the 2004 tsunami. “If any of our customers are affected and have
made a claim we will settle it 100%. We have gone a step further and have decided to pay a percentage to other damages sustained by our customers.” If a person has taken car insurance and his property or business was not insured Ceylinco Insurance will pay a percentage of that damage as well.” Gunawardane said Ceylinco has also taken a decision to pay a percentage of damage to community centers that also include places of religious, health and others who are never insured.
The company has made huge profits and we are ready to give them back to
people who need it now. “We have now appointed a special task force for this.”
He recalled that during the tsunami too Ceylinco paid the highest claims in
the Sri Lanka history to the tune of Rs. 4 billion.
Meanwhile an official from Sri Lanka Insurance said they too received claims to the value of over Rs. 1.5 billion. “We will start paying them from Friday.”
www.dailynews.lk
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