Ceylinco Insurance premium income Rs. 19.8b

Ceylinco Insurance recorded unprecedented results for the year ended December 31 2011. Managing Director/Chief Executive Officer of Ceylinco Insurance General Ajith Gunawardena, said that "during 2011, Ceylinco Insurance recorded a premium income of Rs.19.8 billion, to which the General Division contributed Rs.10 billion, with the Life Division contributing the balance Rs.9.8 billion.

This signifies an increase of Rs.1.8 billion over the previous year, with the overall growth standing at 10 percent. Thus, the General Division has recorded a growth of 9 percent, whilst the Life Division had registered a 12 percent growth."

"This can be considered an exceptional achievement in all respects, given the opportunities that existed in the insurance arena during the year under review.

"We humbly acknowledge that this incredible growth was only possible due to the unwavering faith, confidence and trust our loyal clientele placed in us. We express our gratitude to our customers, who made it all possible, and we will always strive to give the very best to our customers, the core of our business," Gunawardena added.