Business
HNB Assurance Crowned “Best Life Insurance Company in Sri Lanka” by ICC
HNB Assurance PLC, was awarded the “Best Life Insurance Company – Sri Lanka” title at the 4th Emerging Asia Insurance Awards 2023 organized by the Indian Chamber of Commerce (ICC). This marks the second consecutive year that HNB Assurance has secured a recognition from the ICC, underlining the company’s consistency in providing top-notch life insurance services.
Chairperson of HNB Assurance PLC, Rose Cooray expressed her delight in HNB Assurance’s consecutive recognition as the “Best Life Insurance Company – Sri Lanka. She stated, “To close out the year with such an exceptional award is truly remarkable. It speaks volumes of the amazing work carried out by the HNBA Team throughout the year and reflects on our commitment as an organization to providing unparalleled life insurance services.
As a company, our strategic vision coupled with our innovative products and distribution channels have played a pivotal role in achieving this milestone. I extend my heartfelt congratulations to the entire team at HNBA for their efforts. This accolade is a testament to our collective pursuit of excellence and I am confident that we will continue to set new benchmarks in the insurance industry, in 2024 as well.”
Lasitha Wimalaratne, CEO of HNB Assurance, echoed similar sentiments on the company’s achievement, stating, “We are thrilled to be honored as the Best Life Insurance Company in Sri Lanka for the second consecutive year. This recognition is a testament to our team’s dedication and innovative spirit in navigating the dynamic landscape of the insurance industry.”
The award not only underscores HNB Assurance’s commitment to delivering exceptional life insurance solutions but also highlights the company’s consistent efforts to be at the forefront of the industry, enabled by, investing in innovative approaches to better serve its customers and upholding its reputation as a trusted insurance provider.
Wimalaratne emphasized, “Our success is not just about winning awards but a reflection of our enduring commitment to our policyholders. We have proved ourselves as an innovator in the insurance sector, seeking new avenues for distribution in terms of online products, virtual/incubator branches etc., ensuring that our services reach customers effectively. These efforts have not only helped us penetrate the market but has also positioned us as a forward-thinking company, especially during the past couple of years.”
HNB Assurance has demonstrated remarkable financial performance with exceptional GWP growth, Life Fund growth, showcasing the company’s stability and resilience in the market. This consistency further reinforces the confidence of customers, partners and stakeholders in HNB Assurance’s ability to deliver on its promises.
“We have consistently strived to raise the bar in terms of financial performance and our growth in our Gross Written Premium (GWP) and our Life Fund, over the past two years, is a testament to the exceptional work of our team. These numbers are very important for us because it helps us honor our commitment to our policyholders, which is a very important element of our business, also, that is where trust and persistence is built upon. My sincere thanks to the ICC for this recognition, I’d like to dedicate this award to my incredible team for all their hard work,” elaborated, Wimalaratne.
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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