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ICRA Lanka revised its credit rating of Janashakthi Limited, the parent of Janashakthi Insurance to [SL]BB+ in 2022. The credit outlook was adjudged as negative. Janashakthi Limited holds 74% of the ownership of Janashakthi Insurance. Janashakthi Insurance is the seventh largest life insurance company in the country with 4% of the market share ...
In 1994 Schaffter singlehandedly set up the Janashakthi insurance company. In 2001 and 2002 Janashakthi bought out the National Insurance Corporation. He worked to improve road safety in Colombo , and after the 2004 tsunami he championed the highest payout of any insurer in Sri Lanka, beyond the payment of sums assured, considerably in excess ...
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Dinesh Schaffter (1 May 1971 – 15 December 2022) was a Sri Lankan businessman, philanthropist and former first-class cricketer. [1] He was a renowned businessman and served as the director of Janashakthi Group PLC and also served as managing director of First Capital Holdings. [2]
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John Keells Holdings PLC (JKH) is a Sri Lankan multinational conglomerate company. It has business interests in hotels and resorts management, port, marine fuel and logistics services, IT services, manufacturing of food and beverages, supermarkets, tea, stock broking, life insurance, banking, and real estate.
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
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