Ceylinco Life rewards high flyers
Ceylinco Life recently honoured 250 top achievers who contributed to the company’s stellar growth in 2011.
The Achiever’s Night event was followed by five-star dining and entertainment after each of the company’s high flyers had been rewarded with trophies, certificates and overseas trips to Bangkok and Singapore including star cruises. Branch sales heads, unit heads and sales consultants who have performed exceptionally well from all districts in Sri Lanka participated in this year’s Achiever’s Night. Branches in the Jaffna peninsula and the Eastern province, as well as many rural towns featured prominently in the company’s honours list.
The top award winners were: Best Branch Head – Platinum Category H.M.J. Banda (Kaduruwela Branch), Best Unit Head – Platinum Category T. Rajakopal (Nelliady Branch), Best Sales Consultant – Platinum Category A.I.P. Manjula (Ambalantota Branch) and Best Sales Consultant Gold Category N.A.J. Fernando (Negombo Branch).
Ceylinco Life ended 2011 with a record Gross Written Premium Income of Rs.9.816 billion and a total income of Rs.13.698 billion. The company’s Life Fund grew by 19.9 per cent to Rs.38.2 billion as at December 31, 2011. Independently rated as one of the country’s most valuable brands, Ceylinco Life operates more than 180 branches, the largest branch network among local life insurance companies, and has won multiple international and local awards for its commitment to the community and success in brand equity building.
The company’s solvency margin, which illustrates its financial strength and ability to honour all claims, stood at eight times the minimum statutory requirement at the end of the 2011 financial year.