Business
Ceylinco Insurance ranked Sri Lanka’s Most Respected Insurer
Ceylinco Insurance was ranked as the nation’s most admired and respected insurer as announced by the LMD magazine in its 16th annual edition of the nation’s Most Respected and admired entities. Ceylinco Insurance PLC comprises of the two dominant insurers in the country, Ceylinco General Insurance Ltd and Ceylinco Life Insurance Ltd.
Both, Ceylinco General Insurance and Ceylinco Life Insurance maintain their supremacy as the market leaders in General and Life insurance respectively. Having climbed 14 positions from the previous year, Ceylinco Insurance remains in the 12th position among the Most Respected and admired entities in the country.
Ajith Gunawardena, Executive Chairman and Chief Executive Officer of Ceylinco Insurance PLC said, “An organization that practices innovation can elevate the entity to become a powerhouse of creativity, where pioneering ideas are born and given expression to become fully fledged products and services that enhance people’s lives. We are proud to be one such entity that has repeatedly set benchmarks and set trends for the rest of the industry to follow. Some of our innovative products have reached the grassroots level and their benefits have been reaped by people who would have never thought of getting insurance if it were not offered through convenient channels such as mobile operators and the postal service.”
Rajkumar Renganathan, chairman of Ceylinco Life said: “The LMD-Nielsen survey covers a well-informed sample of 800 senior executives of listed companies. It is therefore a credible barometer of public perception, which is essential to business success. Ceylinco Life’s view of its business as ‘A Relationship for Life’ with policyholders is practised in every aspect of its engagement with customers as well as other stakeholders, and is, we believe, the foundation for its 16 consecutive years of market leadership in the Life insurance sector.”
Commenting further on the achievement, Mr. Patrick Alwis, Managing Director/Chief Executive Officer said, “Ceylinco General Insurance is led by a strong customer-centric culture and this is a testimonial to this claim. Delivering protection and satisfaction to customers is the bedrock on which our company is founded. We will continue to deliver best-in-class insurance solutions to cater to every need of customers from all walks of life.”
Ceylinco Life Managing Director/CEO Mr Thushara Ranasinghe added: “Respect is based on trust, a truly precious attribute to any business, but more so for a company in the financial services sector. The trust that Ceylinco Life has earned from the masses over three decades is evident in the Company’s position as the vanguard of the industry, and our parent company’s latest movement up the LMD Most Respected Entities ranking is a reaffirmation that public trust in Ceylinco Insurance remains steadfast.”
Earlier this year, Ceylinco General Insurance and Ceylinco life Insurance were chosen as the ‘People’s Insurance Brand of The Year’ for general insurance and life insurance respectively at the 2020 SLIM Nielson People’s Awards, for an unprecedented 14th consecutive year. Similarly for the year 2018/19, Ceylinco Insurance PLC, reinforcing its dominance in the insurance industry, moved up to the 6th position amongst Sri Lanka’s top 30 companies.
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.”