Leading marketer and SANASA General Insurance’s Director Denzil Perera elected as the President of PIMA
Denzil Indrajith Perera, Director of SANASA General Insurance Company, a leading Insurance provider in Sri Lanka, has been elected as the President of the Postgraduate Institute of Management Alumni Association (PIMA). The Postgraduate Institute of Management Alumni Association (PIMA) includes alumni of the Postgraduate Institute of Management (PIM). Affiliated to the University of Sri Jayewardenepura, […]
SANASA Life Insurance creates history by reinstating life insurance policies of over 21,000 policyholders in partnership with GIZ
SANASA Life Insurance Company, a leading Life Insurance provider in Sri Lanka, has created history by becoming Sri Lanka’s first-ever company to reinstate the life insurance policies of over 21,000 policyholders, with the support of German NGO GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH). These life insurance policies had lapsed as the policyholders were unable […]
SANASA General Insurance unveils “Prathishakthi” to support individuals struggling with income loss due to pandemic situations
SANASA General Insurance Company (SGIC), the General Insurance arm of leading Life Insurance company SANASA Life Insurance, has launched “Prathishakthi”, a unique insurance solution that is tailor-made for any individual whose income is at risk as a result of the ongoing COVID-19 pandemic or any other epidemic that may take place in the future. “Prathishakthi” […]
SANASA Life Insurance Company receives “[SL] BBB (Stable)” rating by ICRA Lanka despite the negative impact of the pandemic
SANASA Life Insurance Company, a leading Life Insurance provider in Sri Lanka, was recently accredited an Insurance Financial Strength Rating of “[SL] BBB (Stable)” by ICRA Lanka Ltd recognising its financial stability in the face of the COVID-19 pandemic in the country. ICRA Lanka is a Credit Rating Agency licensed by the Securities and Exchange […]
SIERRA CABLES PLC’s credit rating upgraded to AA- (stable outlook) by Fitch Rating and continues superior financial performance into the third quarter
Following the recalibration of the Sri Lankan National rating scale by Fitch Ratings, the most transparent credit rating agency, Sierra Cables PLC has had its rating revised upward to AA-(lka): Outlook stable from the previous BB (lka): Outlook negative. The company realized a profit of Rs.217 million for the 9 months ended 2020, a 36% […]