Union Assurance shines at 51st ICASL Annual Report Awards

Friday, 22 January 2016 00:00 - - {{hitsCtrl.values.hits}}

The Institute of Chartered Accountants of Sri Lanka (ICASL) recently concluded its Annual Report Awards Ceremony, with award winners being recognised for financial and non-financial reporting excellence. Recipients of the awards come from a variety of sectors, bound by the common thread of responsible, credible and accurate reporting.

First conducted in 1964, the Annual Report Awards aims to create a platform to promote transparency in financial reporting while enhancing reporting standards in keeping with global best practices. These awards have become a benchmark for many leading corporations in the public and private sectors, signifying excellence in financial reporting.

At this year’s award ceremony Union Assurance was recognised with the silver award in the insurance industry – making the Union Assurance Annual Report 2014 one of the best reports from the sector this year.

Union Assurance PLC General Manager – Finance and Planning Sherin Cader commenting on the continued success of Union Assurance at the ICASL Annual Report Awards stated, “We are honoured to be recognised for our commitment to transparency and excellence at this prestigious forum. These awards are in recognition of the company’s emphasis on ‘trust’. Therefore we would like to dedicate these awards to all our stakeholders who have been integral to the success of Union Assurance.”

The UA brand is positioned on the promise of ‘trust’ and strives to deliver on this promise by being transparent, convenient, and respectful when dealing with all stakeholders – as reflected in its annual reporting process.