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
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".