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The company segregated its life and non-life insurance businesses and then divested its non-life insurance to Fairfax Financial. The company changed its name in 2016 to Softlogic Life Insurance. The company is a constituent of the S&P Sri Lanka 20 Index. Softlogic Life is one of the LMD 100 companies in Sri Lanka. The company is also ranked ...
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AIA also entered into an exclusive 20-year bancassurance agreement with NDB, one of Sri Lanka's largest financial conglomerates with a nationwide bank branch network. [9] On 7 October 2012, AIA acquired ING Group's Malaysian insurance subsidiaries for a cash consideration of €1.336 billion (US$1.73 billion). [10] On 21 December 2012, AIG sold ...
Sri Lanka Insurance Corporation Limited, also known as Sri Lanka Insurance is the largest and strongest composite insurance provider in Sri Lanka. It is the first and only insurance company in Sri Lanka to be assigned a prime AAA− rating for Insurance Financial Strength from the US rating agency Fitch Ratings New York City. The company now ...
MasterSpec content and software is exclusively developed and distributed by Deltek (formerly Avitru) [1] for the American Institute of Architects (AIA). [2] It was developed in 1969 by the AIA to provide architects a means to create technical specifications without spending a lot of time researching products and writing up to date technical ...
A Poya occurs every full moon. [1] [2] Uposatha is important to Buddhists all around the world, who have adopted the lunar calendar for their religious observances.Owing to the moon's fullness of size as well as its effulgence, the full moon day is treated as the most auspicious of the four lunar phases occurring once every lunar month (29.5 days) and thus marked by a holiday.
Union Assurance held 8.7% of insurance sector assets in 2016, making them the fourth biggest player behind Sri Lanka Insurance, Ceylinco Insurance and AIA Insurance. [5] In 2018, Union Assurance was included in Forbes Asia's Best Under a Billion list. [6] The company was the only Sri Lankan company on the list that year. [7]
The concept of registration of persons and issuing identity cards was the subject of an agreement made between India and Sri Lanka in 1954, The draft bill submitted to the Sri Lankan parliament in 1962 was passed as the Act of Registration of Persons No. 32 of 1968. With the aim of activating the provisions of this Act, the Department of ...