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| Sunday, 21 November 2004 |
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UAL records 4% growth Union Assurance, recorded a 4% growth in consolidated profit after taxation from Rs 99.8 million in 2003 to Rs. 104.1 million in 2004. The increase in profits was mainly due to improved underwriting results from general insurance business and reflects UAL's focus on disciplined underwriting with effective risk analysis in an intensely price competitive marketplace. The company has added a new option to its motor insurance product "Union Motor Star". Under this new scheme UAL will settle the garage directly, enabling the owner to drive away in a fully repaired car. "This option will be available in addition to the on-the scene assessment and claims approval process already in place," commented Udeni Kiridena UAL's AGM - General. "We have over 100 repairers and spare parts dealers who have joined hands with us in this operation," he added. ASA congress in Singapore The Association of Secretaries & Administrative Professionals in Asia Pacific (ASA) held its 16th Congress at the Grand Copthorne Water Front Hotel in Singapore during 28th August to 2nd September 2004 with over 200 delegates representing their respective countries under the theme "Strive with Winning Combinations". The members from Philippine, Thailand, India, Singapore, Malaysia, Hong Kong, Indonesia, Republic of Taiwan, Pakistan, Japan, Brunei, Bangladesh, Papua New Guinea, New Zealand, Australia, and Sri Lanka were present at the Congress. ASA was the brain child of Ms. Verginia P. Elbinias of Philippine Association of Secretaries (PAS) and was founded in 1974. At present the membership strength stands at 17 countries. The Sri Lanka Association of Administrative & Professional Secretaries (SLAAPS) was represented by a 21 member delegation lead by SLAPPS President Ms. Fazileth Vaffoor. The ASA Co-ordinator was Ms. Sunethra Jayaratne LLCC (UK) who is a Past ASA President and Advisor to SLAAPS. SriLankan package to Karachi SriLankan Airlines launched holiday package to Karachi which will be on offer till November 30. The offer of a two nights three days stay is priced at Rs. 22,000 and includes accommodation at the five star Sheraton Hotel on a double sharing basis with complementary breakfast and transfers to and from the airport. The package for three nights and four days is priced at Rs. 24,500 and four nights five days at Rs. 27,000 for sharing double. Single accommodation rates are also available. SriLankan Airlines relaunched services to Karachi in June 2003 promoting Sri Lanka as a holiday destination for Pakistanis and attracting MICE tourism from Pakistan. |
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