Business
Amana Takaful Insurance sustains remarkable growth in Q1 2023, outperforming market challenges
Amana Takaful Insurance, a leading provider of insurance solutions, proudly announces its exceptional growth momentum in the first quarter of 2023, demonstrating resilience and adaptability in the face of challenging market dynamics. The company achieved remarkable growth rates of 54% in the non-motor insurance sector and 25% in the motor sector, surpassing its performance in the previous year.
Despite the volatile economic conditions and industry-wide disruptions, Amana Takaful Insurance has continued to strengthen its market position and deliver outstanding results, emphasizing its commitment to providing superior services and comprehensive insurance solutions.
The 54% growth achieved in the non-motor insurance sector represents a significant milestone for Amana Takaful Insurance, highlighting the trust and confidence that customers place in the company’s offerings. By leveraging its deep industry expertise and customer-centric approach, Amana Takaful Insurance has successfully expanded its portfolio and catered to the diverse needs of individuals and businesses.
In addition, the 25% growth in the motor sector underscores Amana Takaful Insurance’s ability to adapt to evolving customer requirements while maintaining high-quality service standards. The company’s innovative and customer-friendly motor insurance products have resonated strongly with policyholders, resulting in sustained growth and increased market share.
Mr. Shehan Feisal , CEO of Amana Takaful General Insurance, expressed his satisfaction with the company’s outstanding performance: “We are delighted to announce our impressive growth rates for the first quarter of 2023, which reflect our team’s unwavering dedication and commitment to excellence. Despite the challenges faced by the insurance industry, we have continued to deliver exceptional results and reinforce our position as a market leader.”
Amana Takaful Insurance remains focused on providing comprehensive and reliable insurance solutions. The company’s commitment to ethical practices, customer satisfaction, and continuous innovation positions it as a trusted partner in safeguarding the financial well-being of individuals and businesses across various sectors.
As Amana Takaful Insurance moves forward, it will continue to expand its product offerings and enhance customer experiences. By fostering strong relationships with clients and stakeholders, the company aims to sustain its growth trajectory and maintain its position as a market leader in the insurance industry.
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.
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.”
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