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Sunday, 15 January 2012

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A- and P2 ratings for Janashakthi

Janashakthi Insurance PLC continues to drive forward with consistent growth as revealed by RAM Ratings Lanka.

The Company rated Janashakthi's long - and short-term claims-paying-ability ratings at A- and P2 respectively, a testament to Janashakthi's consistent service delivery and tenacity within the competitive market.

Janashakthi has the highest paid-up capital among quoted insurance companies and has shown high profitability and growth amidst tough market conditions. "We seek to continuously improve our performance and consistently deliver on our ethos of building consumer trust" said Janashakthi Managing Director, Prakash Schaffter.

"The ratings by RAM is a reflection of our performance and strength and an endorsement of all the hard work we put into reach where we are today in this highly competitive industry which has recently seen the entry of many new players".

 

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