Asian Alliance Insurance in Forbes Asia's "Best under $ 1b"
Forbes Asia recorded Asian Alliance Insurance PLC as one of the four
Sri Lankan companies selected for "Best under $ one b " for 2011, an
annual review of small and mid-sized companies in Asia with a turnover
less than $ one B. The criterion for selection to the list included
profitability, growth, modest indebtedness and future prospects.
Another vital aspect was the process of management to guide the
company through the global credit crunch of 2008 with little or no
impact to operations.
The initial list consisted of 15,000 entities which was pruned to 200
companies, which included Asian Alliance Insurance PLC.