Ceylinco Insurance hailed by independent business indices | Sunday Observer

Ceylinco Insurance hailed by independent business indices

Ajith Gunawardena
Ajith Gunawardena

Ceylinco Insurance PLC was honoured as Sri Lanka’s leading insurer by several independent business ranking organisations last year.

For the seventh consecutive year, Ceylinco Insurance earned the honour of being the only insurance company among the ‘Business Today Top 30’ companies in Sri Lanka. As announced in its edition for 2018/19, Ceylinco Insurance moved up the corporate ladder to the 6th position. Financial information reviewed for the selection process covered several aspects which included revenue, share turnover, PAT, growth in turnover, growth in profit, ROI, growth in earnings per share, market capitalisation, value of shares transacted and value additions etc.

The LMD 100 listing announced in December 2019 placed Ceylinco Insurance in the 25th position, among all listed companies in the island. Ceylinco Insurance reiterated its position as the highest-ranked insurance company in Sri Lanka for the 26th consecutive year.

Ceylinco Life Insurance was named among the 10 Most Admired Companies in Sri Lanka at the 2019 edition of these awards presented by the International Chamber of Commerce, Sri Lanka in collaboration with the Chartered Institute of Management Accountants.

In a survey carried out among the service providers over a period of 12 weeks, by LMD magazine, Ceylinco General Insurance and Ceylinco Life Insurance had the honour of being the most popular insurers in service excellence.

Ceylinco General Insurance and Ceylinco Life Insurance were chosen as the ‘People’s Insurance Brand of The Year’ at the 2019 SLIM Nielson People’s Awards, for the 13th consecutive year.

Executive Chairman / CEO of Ceylinco Insurance, Ajith Gunawardena said, “We extend our deep gratitude to all our customers, shareholders and other stakeholders for their loyalty and for the confidence placed in us. We always encourage our employees continually to develop and implement innovative new approaches.”