HNB Assurance PLC (HNBA) and HNB General Insurance Limited (HNBGI), heralded in the New Year with a great degree of enthusiasm and positivity and in terms of top line, the HNB Assurance Group was able to reach a Gross Written Premium (GWP) of Rs 15.7 billion.
It needs special mention that whilst the Group took around 18 years to reach 10 billion, it took only two years to grow from 10 to 15 billion, auguring well for the strategies that have been put in place for this aggressive growth that is being witnessed. Apart from this, both HNBA and HNBGI were the recipients of a number of awards both locally and internationally.
CEO of HNBA Lasitha Wimlaratne, addressing staff said: “The teams have outdone themselves in terms of the meticulous execution of the strategies that have made us achieve enviable growth way beyond industry growth rates, as a Group too we’ve made some historic achievements in remarkably quick time. Further, we have had the honour of being listed among the top 70 best workplaces in Asia, and incidentally are the only Sri Lankan insurer to be thus recognised.”
Wimalaratne reiterated the challenges that lie ahead and beckoned one and all to stand tall in the face of such challenges and emerge victorious.
CEO of HNBGI Sithumina Jayasundara stated “Whilst we have had many challenges, we have overcome them all and emerged stronger and more resilient, and I owe a debt of gratitude to the entire team for the efforts that have been put in. We have made a number of very significant changes as part of our 5th in 5 missions, and I’m happy to state that we are on track to reach our objective.”
“Whilst the bygone year came with its challenges, we can only assume that this year too will be as or even more challenging as the country steers itself out of this economic turmoil.”
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