HNB Assurance wins Gold in Insurance category

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By 2017-12-15

HNB Assurance Group announced via press release that it won the Gold Award in the Insurance Companies Category at the 53rd Annual Report Awards Ceremony, organized by the Institute of Chartered Accountants of Sri Lanka for its 2016 integrated annual report, themed '15 Years, Delighting Our Stakeholders'.

HNBA and HNB General Insurance Limited (HNBGI) Chairperson Rose Cooray stated, "As contemporary business practices around the world grow in complexity, organizations should work towards catching its pace and adapting to these global standards in every mode of stakeholder communication. The annual report of an organization is an opportunity to showcase the strategic direction, scope and values of an entity. HNBA Group no doubt has set a new benchmark through its annual report for the industry."

HNBA and HNBGI Managing Director/CEO Deepthi Lokuarachchi stated, "The annual report of an organization is the single most important document and calling card. As a Group providing financial protection, we ensure sustainable reporting, transparency and good governance that has been showcased through our annual reports successively. Accolades of this nature reaffirm stability of the Group and we are delighted to be the recipient of this year's Gold Award for the Insurance sector, thus demonstrating to the financial markets that HNBA is a Company beyond benchmarks."
HNBA and HNBGI Chief Financial Officer Indika Perera thanked the project team involved in compiling the Group's annual report, stating, "This prestigious award recognizes the efforts and commitment of a team of passionate individuals who worked tirelessly in completing the Group's annual report."

HNB Assurance PLC (HNBA) is one of the fastest-growing Insurance Companies in Sri Lanka with a network of 56 branches. HNBA is a Life Insurance company with a rating of A(lka) by Fitch Ratings Lanka for 'National Insurer Financial Strength Rating' and 'National Long-term Rating'. Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful insurance solutions and is a fully-owned subsidiary of HNB Assurance PLC. HNBA is rated within the Top 100 Brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance has won International awards for Brand Excellence, Digital Marketing and HR Excellence and also won many awards for its Annual Reports at the Award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka and SAFA (South Asian Federation of Accountants), the release concluded.

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