Business
Ceylinco Insurance ranked 6th in Business Today’s Top 30 for 2019 /20 Roll of Honour
Once again, for the eighth consecutive year, Ceylinco Insurance PLC, the holding company of insurance giants – Ceylinco General Insurance and Ceylinco Life Insurance – was ranked 6th in the Roll of Honour among the ‘Business Today Top 30’ companies in Sri Lanka. As announced in its edition for 2019/20, Ceylinco Insurance retained its 6th position for the second year as an outstanding player in the corporate sector.
Commenting on the achievement, Ajith Gunawardena, Executive Chairman/Chief Executive Officer of Ceylinco Insurance PLC said: “Financial Year 2020 was one of the most challenging for the corporate sector – not merely in Sri Lanka but the world over. Organisations who face these challenges fearlessly with re-aligned strategies will perform well. The corporate sector in Sri Lanka has weathered many storms and shown great resilience. We are humbled by the fact that once again we are ranked at No. 6 among the distinguished top 30 companies in Sri Lanka. Ceylinco Insurance PLC has demonstrated great resilience, surmounting every challenge with sustainable strategies. I would like to express my gratitude to our loyal customers for placing their trust and belief in us through the most difficult times. It is their loyalty and confidence that motivates us to reach higher, as we make every effort to serve them beyond their expectations. I wish to dedicate this recognition to our valued customers, our staff and my fellow directors for enabling us to reach another milestone in our vibrant journey.”
Deputy Chairman of Ceylinco Insurance PLC and Ceylinco Life chairman R. Renganathan said: “A company’s true mettle is tested in times of adversity. Ceylinco Life’s performance in 2020 is an excellent demonstration of this. Our ability to adapt to the demands of the ‘new normal’ to not only fulfil our obligations to our customers and stakeholders, but to grow the business in a period of uncertainty and disruption more than justifies our presence among the top 10 of Sri Lanka’s leading corporate entities. Notably, Ceylinco Life also fulfilled all its community-related commitments in 2020, while continuing with its programme of policyholder rewards, despite the challenges of the year.”
As the clear market dominator in the Insurance sector, both, Ceylinco General Insurance and Ceylinco Life Insurance remained far ahead of competition in 2019 as well as in 2020. Ceylinco General and Ceylinco Life also enjoyed the privilege of being voted the ‘People’s Insurance Company’ for the 14th consecutive year. This award reiterates the high regard with which both companies are viewed by the general public and for its continuous contribution towards enhancing the socio-economic development of Sri Lanka. Also, in an exclusive survey carried out amongst the service providers over a period of 12 weeks by LMD magazine, Ceylinco General Insurance had the honour of being the most popular insurer in Service Excellence.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”