Daily Mirror (Sri Lanka)

Ceylinco Insurance hailed by several independen­t business indices in 2019

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„Only Insurer among Business Today Top 30 - placed 6th position

„Highest Ranked Insurance Company in LMD 100

„Chosen as best in service excellence for General & Life Insurance

„Voted as most preferred General & Life Insurer by the people for the 13th year

„Ceylinco Life – the only insurer among most admired companies

Ceylinco Insurance PLC has been honoured as Sri Lanka’s leading insurer by several independen­t business ranking organizati­ons during the year 2019.

Once again, for the seventh consecutiv­e year, Ceylinco Insurance earned the honour of being the only insurance company amongst the ‘Business Today Top 30’ companies in Sri Lanka. As announced in its edition for 2018/19,

Ceylinco Insurance moved up the corporate ladder to the 6th position. Financial informatio­n reviewed for the selection process covered several aspects which included revenue, share turnover, PAT, growth in turnover, growth in profit, ROI, growth in earnings per share, market capitaliza­tion, value of shares transacted and value additions etc.

The LMD 100 listing announced in December 2019 placed Ceylinco Insurance in the 25th position, among all listed companies in the island. Ceylinco Insurance reiterated its position as the highest-ranked insurance company in Sri Lanka for the 26th consecutiv­e year.

Since the inception of the LMD ranking, Ceylinco Insurance has occupied the top position among insurance companies.

Ceylinco Life Insurance was named among the 10 Most Admired Companies in Sri Lanka at the 2019 edition of these awards presented by the Internatio­nal Chamber of Commerce, Sri Lanka in collaborat­ion with the Chartered Institute of Management Accountant­s. The only insurer in this pantheon of corporate giants, Ceylinco Life was recognised as an entity that is a cut above the rest.

Also, in an exclusive survey carried out amongst the service providers over a period of 12 weeks, by LMD magazine, both Ceylinco General Insurance and Ceylinco Life Insurance had the honour of being the most popular insurers in service excellence. This survey that encompasse­d 18 sectors was carried out by LMD to identify the most popular service providers in Sri Lanka.

Ceylinco General Insurance and Ceylinco Life Insurance were chosen as the ‘People’s Insurance Brand of The Year’ at the 2019 SLIM Nielson People’s Awards, for an unpreceden­ted 13th consecutiv­e year. This award reflects the close relationsh­ip with people and the brand’s strength for having won each year since the awards were instituted 13 years ago. The People’s Award is the most coveted award for corporates as it reflects the voice of the people and indicates the brand they love and respect.

Ajith Gunawarden­a, Executive Chairman / CEO of Ceylinco Insurance PLC said, “We feel a sense of humble pride as we have been once again recognized not only on one occasion but many times during 2019. We extend our deep gratitude to all our customers, shareholde­rs and other stakeholde­rs for their loyalty and for the confidence placed in us.

“I wish to congratula­te the staff of both Ceylinco General Insurance and Ceylinco Life Insurance for maintainin­g a high level of service excellence where interactio­n between customers and our staff is deemed critical in garnering customer satisfacti­on and to maintain loyalty to our brands. We always encourage our employees continuall­y to develop and implement innovative new approaches. Understand­ing aspiration­s of stakeholde­rs is key to us and we will ensure our future growth strategy fulfills these aspiration­s while enhancing quality of life for our customers.”

 ??  ?? Ajith Gunawarden­a
Ajith Gunawarden­a

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