Business
IASL introduces office bearers for the 2024/25 tenure
The Insurance Association of Sri Lanka (IASL) the representative body of the insurance industry in the country has announced the reappointment of its esteemed office bearers for the year 2024/25. The reappointment comes as a testament to the dedication, expertise, and commitment demonstrated by these individuals towards advancing the insurance industry in Sri Lanka. The event took place on the 27th of March, 2024 at the Annual General Meeting. Subsequently the sub-committee members were also appointed for the said term at the IASL Executive Committee Meeting which was held on the 3rd of May 2024.
Chandana L. Aluthgama Group Chief Executive Officer of Sri Lanka Insurance continues as the President, Lasitha Wimalaratne Chief Executive Officer of HNB Assurance PLC as Vice President, Tanuj Edward Chief Executive Officer of Orient Insurance Limited as the Secretary and Nadika Opatha Chief Executive Officer of LOLC Life Assurance as Treasurer of IASL. J M Niyas holds his position as Secretary-General of IASL.
The Executive Committee of the IASL, along with its Subcommittee, prioritize crucial industry matters and emerging developments, embodying a commitment to addressing them proactively. This is encapsulated by the Legal Affairs Committee, chaired by Kushan Weththasinghe Senior Assistant General Manager – Legal Ceylinco Life Insurance Limited, Marketing & Sales Forum chaired by Namalee A Silva Chief Business Officer of Sri Lanka Insurance Corporation Life Ltd, IT Sub Committee chaired by Nuwan Hettiararachi Chief Information Officer Continental Insurance Lanka Limited, Actuarial Sub Committee chaired by Rishikulya Gunasehera, Assistant General Manager – Actuarial Services – Ceylinco Life, General Insurance Forum chaired by Sidantha Karunaratne, Deputy Chief Officer Continental Insurance Lanka Limited, HR Sub Committee chaired by Rohitha Amarapala, Deputy General Manager – Human Resources & Administration Sri Lanka Insurance Corporation Life Ltd, Finance & Technical Sub Committee chaired by Sampath Thusara Chief Financial Officer AIA Insurance Lanka Limited and Life Insurance Forum chaired by Mahendra Wilegoda, Head of Life Operations HNB Assurance PLC.
Currently, the IASL boasts a membership comprising all 28 registered insurance companies. The association operates under a unified vision, striving to unite insurers and establish a collaborative platform for addressing matters pertinent to their collective interests and well-being. Synonymous with its mission is the commitment to safeguarding the Sri Lankan public through comprehensive insurance coverage, ensuring protection for all.
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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