Amana Takaful sustains impressive growth trajectory

Amana Takaful Insurance PLC (General) achieved a staggering 28% year-on-year increase in Gross Written Premiums (GWP) in 2023, propelling its revenues to an impressive LKR 4.29 billion during the review period, said a press release.

It said: This growth spanned across diverse segments. Notably, the motor segment witnessed a 29% surge, totaling LKR 2.13 billion, while the non-motor and health segments experienced substantial growth rates of 21% (LKR 1.40 billion) and 40% (LKR 750 million) respectively.

Hassan Kassim, Managing Director at Amana Takaful Insurance PLC, said:

“Our remarkable growth underscores our commitment to strategic planning, service excellence, and innovative business practices. The significant increases across motor, non-motor, and health segments last year are clear indicators of our unwavering dedication to excellence.”