Ceylinco Insurance rings CSE opening bell for October

Tuesday, 4 October 2016 00:06 - - {{hitsCtrl.values.hits}}

Ceylinco Insurance PLC yesterday rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) for the month of October and outlined the company’s commitment to contribute towards the sustainable growth of the economy and country.

Ceylinco Insurance PLCChairman J. Godwin Perera stated: “As our country transits into a new political and socio-economic order, we at Ceylinco Insurance PLC, through our diversity and financial viability are well prepared to contribute towards the sustainable growth of that new order. Insurance, energy, education, healthcare and financial services are the indispensable pivots on which the socio-economic growth of our country can be built. ”

From left: Ceylinco Insurance Director Patrick Alwis, CSE COO RenukeWijayawardhane, Ceylinco Insurance Director Thushara Ranasinghe, Ceylinco Insurance Chairman J. Godwin Perera, CSE Chairman Vajira Kulatilaka, Ceylinco Insurance DirectorDr. Jagath Alwis and Ceylinco Insurance Director UpaliWitharana

Perera went on to state that the company shares a long history with the stock market and investors, a journey that has given Ceylinco Insurance the opportunity to attract investments through global giants in the insurance industry such as Mitsui Sumitomo Insurance of Japan, and international financial investors such as BanquetPictet and Cie of Switzerland and Shriram City Union Finance of India. “These investments are a reflection of the confidence we have created through our financial performance, our good governance and the corporate values which guide us,” he added.

Pererawas accompanied by Ceylinco Insurance PLC Directors Patrick Alwis, Thushara Ranasinghe, Dr. Jagath Alwis and UpaliWitharana. The CSE was represented at the event by Chairman Vajira Kulatilaka, Chief Operating Officer RenukeWijayawardhane and the senior management. Sharing his remarks at the ceremony, Kulatilaka congratulated Ceylinco Insurance for its growth and value offered to shareholders over the years. He also stated that the CSE is working towards a number of developments to foster economic growth through the capital market. Growth initiatives with relation to risk management, market development and new products were identified by the CSE Chairman as initiatives that will play a role in boosting the capital market going forward.

Ceylinco Insurance PLC is a leading provider of protection and financial security in Sri Lanka and selected international markets. The company aspires to provide an attractive return on investment to shareholders, whilst retaining adequate funds for growth and to achieve a high degree of stability.