Company HNB Assurance PLC

Company HNB Assurance PLC

HASU.N0000

LK0340N00006

Life & Health Insurance

Equities

HASU.N0000

LK0340N00006

Life & Health Insurance

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sector Life Insurance

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sector Life Insurance

End-of-day quote Colombo S.E. Other stock markets 18:00:00 2024-05-16 EDT			5-day change	1st Jan Change
56.8 ^LKR	-0.18%		-0.87%	+0.35%

05-09	HNB Assurance PLC Announces Board Changes	CI
05-05	HNB Assurance PLC Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

HNB Assurance PLC is a Sri Lanka-based Life Insurance solutions provider for both individual and corporate customers. The Company's Insurance solutions covers Protection, Endowment, Health, Retirement and Savings needs of the customers. The Company operates through two segments: Life Insurance and General Insurance. Life insurance segment comprises a wide range of term assurance, guaranteed pensions, endowment products and annuity products. It provides protection and other long-term insurance contracts both with and without discretionary participating features. General insurance segment comprises of Motor and Non-motor segments. The non-motor segment consists of Fire, Accident and Liability, Marine and Workmen Compensation. It provides general insurance contracts to individuals and businesses which are Short-Term in nature. The Company has approximately 64 branches.

Number of employees: 1,429

LKR in Million	2022	Weight	2023	Weight	Delta
Life Insurance 72.3 %	12,535	68.6 %	16,818	72.3 %	+34.16%
General Insurance 28.4 %	5,953	32.6 %	6,600	28.4 %	+10.88%
Intersegment Adjustment -0.7 %	-227	-1.2 %	-153	-0.7 %	-32.46%

LKR in Million	2022	Weight	2023	Weight	Delta
Sri Lanka 100.0 %	18,262	100.0 %	23,265	100.0 %	+27.40%

Managers	Title	Age	Since
Lasitha Wimalaratne CEO	Chief Executive Officer	-	18-12-31
Punsirini Perera DFI	Director of Finance/CFO	-	19-12-31
Mahendra Wilegoda COO	Chief Operating Officer	-	21-03-31
Suneth Jayamanne CTO	Chief Tech/Sci/R&D Officer	-	-
Dinesh Udawatta CTO	Chief Tech/Sci/R&D Officer	-	02-12-31
Salinda Perera ADM	Chief Administrative Officer	-	-
Nilesh Amarasinghe CIO	Chief Investment Officer	-	04-12-31
Sanesh Fernando PRN	Corporate Officer/Principal	-	-
Harindra Ramasinghe PRN	Corporate Officer/Principal	-	-
Dinesh Yogaratnam PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Lintotage Udaya Damien Fernando BRD	Director/Board Member	-	19-02-10
Prawira Saldin BRD	Director/Board Member	65	-
Mirihana Arachchige Cooray CHM	Chairman	-	15-07-05
Lakshman Silva BRD	Director/Board Member	64	12-31
Stuart Chapman BRD	Director/Board Member	-	19-02-10
Ashoka Goonesekere BRD	Director/Board Member	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	150,000,000	29,659,802 ( 19.77 %)	0	19.77 %

Name	Equities	%	Valuation
Ceybank Asset Management Ltd. 0.1948 %	292,200	0.1948 %	55 395 ₨

HNB Assurance Plc

No. 30, Iceland Business Center Sri Uttarananda Mawatha

00300, Colombo

http://www.hnbassurance.com

	1st Jan change	Capi.
HNB ASSURANCE PLC	+0.35%	28.45M
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	+12.16%	110B
CHINA LIFE INSURANCE COMPANY LIMITED	+28.46%	107B
AIA GROUP LIMITED	-4.04%	93.7B
LIFE INSURANCE CORPORATION OF INDIA	+17.05%	73.68B
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	+21.74%	35.28B
FUBON FINANCIAL HOLDING CO., LTD.	+15.12%	30.15B
JAPAN POST HOLDINGS CO., LTD.	+16.91%	29.95B
SBI LIFE INSURANCE COMPANY LIMITED	+0.51%	17.24B
HDFC LIFE INSURANCE COMPANY LIMITED	-11.95%	14.72B

Life Insurance

Financials

Life & Health Insurance

Life Insurance