Business
Sri Lanka Insurance launches 2022 marking 60 years of excellence
Anniversary celebrated with ‘Medi 60’ Senior Citizen Medical Insurance offer
The inauguration of Sri Lanka Insurance (SLIC) business operations for the year 2022 took place on January 3, 2022 at the SLIC head office with the participation of the Chairman, corporate management, and staff,
The event, with observances of all four religions of the country, adhered to the health and safety guidelines of the authorities in relation to the pandemic with minimum participation and was live-streamed to all branches and staff via zoom, an SLIC news release said.
Established in 1962 as a state insurer, Sri Lanka Insurance celebrated 60 years of service to the nation on January 1, 2022.
Through six decades, SLIC built and conducted its business in alignment with the country’s economic objectives and its own business goals striving to perform beyond its mandate and assist the country in times of need, an SLIC news release said. It continues to do so, upholding the highest standards and its corporate vision and mission.
The 60th anniversary celebration included the introduction of the “Medi 60” Senior Citizen Health Insurance Plan to cover an array of health insurance needs of senior citizen. The product was launched taking their health insurance needs and financial constraints as a tribute to the older generation for their valuable contribution towards the economic progress of the country, the release said.
It explained that ‘Medi 60’ health cover enables senior citizens to be reimbursed medical charges, including hospital & surgery costs and medication expenses.
“Senior citizens between the age of 60 and 70 years are now eligible to apply for this cover. The policy can be renewed until the policyholder reaches 80-years of age. Moreover, policyholders also receive attractive discounts for laboratory tests, medicine delivery and free wellness programmes in collaboration with ayubo,life,” it said..
SLIC Chairman Eng. Vijitha Herath, speaking at last week’s celebration, noted ‘ As we celebrate the 60 years of excellence, we remember the vision of leaders who established this institution to benefit this nation and its people. At this historic moment we are proud to say that we have served the nation to the utmost from generation to generation.
“We have been at the forefront of educating the masses on the importance of insurance to their well being and will further strengthen our internal capabilities to serve the people with innovative and affordable insurance solutions which meet their needs. SLIC will make necessary paradigm shifts within the insurance industry as we strive to continue providing the best protection for all Lankans.’
Chief Executive Officer, Mr.Chandana L. Aluthgama noted that “2022 has been by far one of the most challenging years we have gone through. But we have reaffirmed our true spirit with remarkable achievements made throughout the year.”
He said SLIC had posted the best ever GWP (gross written premium) in its history with over Rs. 43 billion earned on Life and General insurance, a growth of 14% over the previous year, had as many as 189 MDRT (Million Dollar Round Table) members on board, paid the highest ever life insurance bonus totaling Rs. 8.6 billion, was the market leader in the motor and general insurance segments of the industry, was recognized as a “Great Place to Work” and achieved ISO quality standards.
“All of us will work together as one team in 2022 aiming at achieving excellence in all aspects of what we do,” he said.
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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