Business
Softlogic Life moves to the League of Excellence in Financial Reporting
Secures sweeping victories at CA Sri Lanka’s 56th Annual Report Awards 2021
Sri Lanka’s fastest growing life insurer Softlogic Life Insurance PLC, marks its name in history once more by securing multiple prestigious accolades for their exceptional financial reporting practices. The dynamic young company dominated CA Sri Lanka’s 56th Annual Report Awards this year, with a sweeping win of six major awards, proving its mettle as a powerful player pushing the boundaries of financial reporting beyond current benchmarks.
Softlogic Life took home the Silver Award for Overall Excellence in Annual Financial Reporting beating the country’s giant conglomerates who have thus far dominated the top positions for years and years. This achievement marks a great milestone for the company with Softlogic Life now established within the top echelons of corporate reporting.
Softlogic Life excelled on its home turf securing the Gold Award for the Insurance Sector stamping its class once again as the undisputed leader for excellence in financial reporting. These spectacular results were followed by Bronze awards for Integrated Reporting, Corporate Social Responsibility, Integrated Reporting: Best Disclosure on Business Model Award, and Integrated Reporting: Best Disclosure on Stakeholder Engagement Award. This places the company at the helm of an elite group of corporates hailed for integrated reporting practices and thus re-affirms the company’s unwavering commitment in maintaining the transparency and creating the maximum values for each and every stakeholder.
“The outstanding performance of Softlogic Life at the CA Sri Lanka Annual Report Awards 2021 stands testament to the firm commitment that we have made to adhering to the highest standards of financial reporting. Our drive towards insisting on being the best in the business has taken us to a special position in our industry and it is indeed very satisfying that our Company has taken its position amongst the leading institutions in the country,” said Softlogic Life Chairman Ashok Pathirage.