Sunday, 2 January 2011

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Financial News | Sundayobserver.lk
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Sri Lanka Insurance expands in North

Sri Lanka Insurance Corporation Ltd, made its presence felt in the north by relocating its Jaffna branch at a more modern and spacious location at Hospital road, Jaffna and opening a new branch at A9 Road, Kilinochchi, last week. Both branches are fully networked and equipped with modern technology to provide integrated services with speed and efficiency when servicing the insurance requirements of its customers.

Industries & Small Enterprise Development Minister, Douglas Devananda lights the oil lamp at the SLIC Jaffna Branch opening while MD/CEO of Sri Lanka Insurance, Mohan de Alwis looks on.

Traditional Industries & Small Enterprise Development Minister, Douglas Devananda graced the opening of the Jaffna branch as the chief guest. Managing Director/CEO of Sri Lanka Insurance Mohan de Alwis, and the senior management of the company were also present.

Minister said that President Mahinda Rajapaksa's achievement by winning the war against terror is a historic achievement.

He stated that the government has taken steps to uplift and enhance the standard of living of the northern people of Sri Lanka and one such occasion is the relocation of Sri Lanka Insurance Jaffna branch at a new location equipped with all the modern facilities.

Managing Director/CEO of Sri Lanka Insurance, Mohan de Alwis said Sri Lanka Insurance, the largest government owned composite insurance provider in Sri Lanka with over 72 billion assets under management, half a million policies in force and a history of a decade of committed service to the nation, is today marching swiftly forward in fulfilling the Company's vision of being the No. 1 Insurance provider in the Country.

He also said that Sri Lanka Insurance as a profit making entity in the State sector has taken on many investment initiatives such as recent acquisition of the multinational Shell Gas rebranded as Litro Gas and the investment in hotels through Sri Lanka Insurance Hotels & Spas (Pvt) Ltd.

 

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