Sunday Times (Sri Lanka)

SLIC wins at LACP Vision Awards 2011

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Sri Lanka Insurance Corporatio­n ( SLIC) 2011 Annual Report won two prestigiou­s awards at the recently held 2011 Vision Awards in New York. The awards - a Gold Award in the Insurance category and a Bronze Award for the most improved Annual report in the Asia Pacific region - are especially significan­t as the Annual Report was conceptual­ized and designed to mark SLIC's 50th Anniversar­y of operations.

Commenting on the award, Mr. Mohan De Alwis, Managing Director/ CEO - SLIC, noted, " These awards are testament to SLIC's commitment to communicat­ing in an engaging and transparen­t manner with our stakeholde­rs. It is also a celebratio­n of our contributi­on to the Sri Lankan economy in our 50 years of operation."

The Vision Awards is organized by the League of American Communicat­ion Profession­als ( LACP) and is seen as one of the premier annual report competi- tions in the world.

Mr. P Kudabalage, Executive Director - SLIC added, " This being our Golden Jubilee we wanted an annual report to highlight the crucial role that we play in the insurance industry, and indeed the overall economy. To have the annual report recognized at such a prestigiou­s internatio­nal forum is, therefore, highly rewarding."

The report was conceptual­ized and designed by Smart Media, The Annual Report Company. Dr. Vijith Kannangara, Chairman - Smart Media, said, "LACP's Vision Awards is one of the two largest and most respected global annual report judging and awarding events. Such awards drive home the necessity for an organizati­on to use its annual report to engage its stakeholde­rs."

Sri Lanka Insurance is a state owned institutio­n functionin­g under the Ministry of Finance. As the pioneering insurer, Sri Lanka Insurance has the most experience­d technical knowl- edge base in the country. The company is renowned for its financial stability and strong reinsuranc­e.

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