Sri Lanka Insurance declares Rs 4b Life Bonus

Sri Lanka Insurance, declared a Rs. 4b Life Insurance Bonus to its policy holders this year endorsing 50 years of trustreposed the company. The declaration comes breaking the company's record of Rs 3.4b,the highest bonus declared in the industry last year.

Managing Directorand CEO of Sri Lanka Insurance Mohan de Alwis said "It is yet another achievement of Sri Lanka Insurance to declare the highest life Insurance bonuses year on year unbeaten to date.

Sri Insurance claim's the largest Life Insurance Fund in the industry of Rs. 56b, and through prudent investments made from this fund with the aim of yielding the highest returns for our customers has made it possible for us to declare a bonus of Rs. 4b to our life policy holders this year".

Sri Lanka insurance firmly believes that every individual should invest in life insurance as it provides a dependable fall back plan which safeguards families and equips them to deal with the results of unforeseen disasters. Hence the company has an intricately woven policy system which enables customers to select from a wide range of options which can be adapted according to their individual requirements. Sri Lanka Insurance has also been in the fore front of taking the message of insurance to the masses of Sri Lanka, using the strength of our 125 fully networked branches and through the recent strategic partnerships that the company entered in to with banking and telecommunication providers.

Sri Lanka Insurance, the largest government owned composite insurance provider in Sri Lanka is the first insurance company to have been assigned a global rating for financial stability AA (lka) from Fitch Ratings, London which is an assurance of the company's long term financial sustainability.