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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 ...
Chandra Thomas Adolphus Schaffter (born 3 April 1930) is a Sri Lankan businessman and former cricket administrator. He played first-class cricket for Ceylon in the 1950s, and founded Sri Lanka's first major Sri Lankan-owned life insurance company, Janashakthi, in 1994.
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]
Subsequently, in the early 90’s, he actively participated in the initial planning phase for the establishment of Janashakthi Life Insurance, the first specialized life insurance company in Sri Lanka. [4] In 1995, while he was pursuing higher studies, concurrently playing a pivotal role in the formation of Janashakthi General Insurance.
CPI (ML) Janashakti was formed in 1992 when six revolutionary communist groups merged. The six groups were: Communist Party of India (Marxist–Leninist) Resistance
CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of the U.S. pharmacy benefit market, with their parent companies also operating health insurance ...
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