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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 ...
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]
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 ...
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.
Freddie Mac reports an average 6.72% for a 30-year fixed-rate mortgage, up 12 basis points from last week's average 6.60%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Kim Appelt, a personal and celebrity stylist, told BI that tailored, relaxed blazers are easy to throw on and wear effortlessly. "This is the ultimate 'power casual' piece, delivering ...
Union Assurance PLC is an insurance company in Sri Lanka. Union Assurance was founded in 1987 and was listed on the Colombo Stock Exchange in the following year. In 2009, John Keells Holdings acquired a controlling stake in the company. The company divested its general insurance business to Fairfirst Insurance and
A Canadian man has been arrested by Indian authorities at New Delhi’s airport after a crocodile skull was found in his luggage. The 32-year-old man, who was not named by authorities, was on his ...