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HNBA News

HNB Assurance PLC opens the market at CSE to celebrate S&P SL 20 Entry

HNB Assurance PLC rang the opening bell at the Colombo Stock Exchange (CSE) today. The  ceremony  was organized to  celebrate the inclusion  of HNB  Assurance PLC in the S&P SL20 Index following 2019 the mid-year index review.  Chairperson   Ms. Rose   Cooray,   Managing   Director/CEO   Mr.   Deepthi   Lokuarachchi, Director  Dr.  Sivakumar  Selliah,Chief  Operating  Officer  Mr.  Prasantha  Fernando  andBoard  Secretary  Ms.  Sitari  Jayasundarafrom  HNB  Assurance  PLC  were  present  at the event while the CSE was represented by ChairmanMr. Ray Abeywardena, DirectorMr. Shanil  Fernando,CEO  Mr. Rajeeva  Bandaranaike  and  the  Senior  Management  of  the Exchange. CEOof  CSE Mr.  Rajeeva  Bandaranaikespeaking  at  the  ceremony congratulated  the company’s  leadership  on  achieving  the  capital  market  milestone.  “A  public  listing alone is often considered as a milestone in a company’s lifecycle. Inclusion in an index that features  the  leading  stocks  listed  on  any  exchange  around  the  world,  is  an achievement.HNB  Assurance  PLC  joins  an  exclusive  group  of  companies  that  are among  the  top  20  companies  in  terms  of  market  liquidity  and  frequency  of  trading  at the exchange.” Managing Director/CEOof  HNB  AssurancePLCand  HNB  General  LimitedMr.  Deepthi Lokuarachchicommenting at  the  ceremony  stated  that  the  management  and  the Board  are  happy  and  proud  of  this  achievement. Mr.  Lokuarachchi  also said“Asa company we are a strong outfit organizing and mobilizing all our resourcesandgiving the  maximum  shareholder  value  and  value  creation  to  them. Weare  committed  to growing our business, and continue to be a very strong stock for our shareholders.” HNB Assurance PLC (HNBA) is the one of the fastest growing Insurance Companies in Sri  Lanka  with  a  network  of  59  branches.  HNBA  is  a  Life  Insurance  company  with  a rating of A (lka) by Fitch Ratings Lanka for “National Insurer Financial Strength Rating”. Following  the  introduction  of  the  segregation  rules  by  the  Insurer  Regulator,  HNB General  Insurance  Limited  (HNBGI)  was  created  and  commenced  its  operations  in January   2015;   HNBGI   continues   to   specialize   in   motor,   non-motor   and   Takaful insurance  solutions  and  isa  fully  owned  subsidiary  of  HNB  Assurance  PLC.  HNBA  is rated within the Top 100 Brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance  has  won  international  awards  for  Brand  Excellence,  Digital  Marketing  and HR  Excellence  and  also  won  many  awards  for  its  Annual  Reports  at  the  Award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka and SAFA (South Asian Federation Accountants).The S&P SL 20 index has been designed in accordance with international practices and standards.All  stocks  are  classified  according  to  the  Global  Industry  Classification  Standard (GICS®), which wasCo-developed  by  S&P  Dow  Jones  Indices  and  MSCI  and  is  widely  used  by  market participantsthroughout the world.

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11

Feb

HNB Assurance Life Campus Partners with Sri Lanka Institute of Marketing to Elevate Training

HNB Assurance PLC entered a strategic partnership between its Partnerships Channel’s training arm, Life Campus and the Sri Lanka Institute of Marketing (SLIM), marking a significant commitment to professional excellence and transformational learning.The Partnerships Channel at HNB Assurance has been rapidly expanding, positioning itself as a key driver of HNB Assurance’s business growth. With an increasing number of partnerships and a dynamic team dedicated to offering tailored insurance solutions, the need for continuous learning and professional development has never been greater. Recognizing this, the Life Campus was established as a dedicated training hub to equip the Partnerships Channel team including Bancassurance officers and other sales and management staff with the knowledge, skills and industry insights required to excel within its competitive market.This affiliation will offer specialized training programs, workshops and courses tailored to hone skills in sales, customer engagement and marketing, ensuring that HNB Assurance’s Partnership team is at the forefront of industry best practices.This initiative is part of HNB Assurance’s broader commitment to continuous professional development and by integrating the National Body for Marketing, SLIM’s robust training framework into Life Campus, the company is ensuring that its team remains agile, forward-thinking and ready to capitalize on emerging opportunities.

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06

Feb

HNB Assurance Unveils New Customer Service Centre

HNB Assurance PLC has recently relocated its Customer Service Centre to a new, improved location to engage and provide enhanced services, ensuring greater accessibility and seamless customer experience to its valued policyholders.The newly enhanced Customer Service Centre is designed to offer an excellent experience, featuring state of the art facilities and enhanced accessibility. This move aligns with HNB Assurance’s vision to continuously improve its customer engagement, ensuring a superior experience for policyholders and stakeholders alike.Commenting on the opening of the new Customer Service Centre, Mr. Lasitha Wimalaratne, CEO of HNB Assurance PLC, stated, “Customer satisfaction remains at the heart of our business. With this new and improved location, we aim to elevate our service standards by offering a more personalized and convenient experience for our customers.”Echoing similar sentiments, Mr. Dinesh Yogaratnam, Chief Marketing and Customer Experience Officer at HNB Assurance, added, “The move to a new location is a strategic decision to ensure that our customers receive the best possible service. This upgraded centre is equipped with modernized facilities and an inviting atmosphere to create a seamless and hassle-free experience for all who walk through our doors.”HNB Assurance invites all customers to visit the new centre and experience the enhanced service firsthand at No. 46/5 1/1, 1st Floor, Robert Senanayaka Building, Nawam Mawatha, Colombo 02.

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31

Jan

HNB Assurance Partnership Channel sets the stage for 2025 at Partnership Life

HNB Assurance recently concluded its much anticipated Partnership Life 2025 event, a gathering dedicated to recognizing the exceptional contributions of its Partnership Channel in 2024, while outlining its vision for 2025. Last year, the Partnership Channel reached unprecedented heights, achieving a Gross Written Premium (GWP) of over LKR 6.5 billion, a remarkable 31% year-on-year growth. The channel's New Business Premium (NBP) surpassed LKR 1.4 billion, reflecting a stellar 39% increase compared to the previous year.Speaking at the forum Mr. Lasitha Wimalaratne, CEO of HNB Assurance, remarked, "Having witnessed our journey over the past few years and reflecting on our achievements from last year, I can confidently say that we have the strongest or the best Bancassurance channel in the country. As we set our goals for the year ahead, I want to emphasize that our success is built on this incredible team’s dedication, expertise along with the strong support and commitment of our partners. As a company, while we aggressively drive growth, we have also strengthened our processes and infrastructure to enhance efficiency and better support each of you. With this strong foundation, I am confident that we can fully capitalize on the momentum and potential while together, through our collective efforts, we will reach even greater heights this year.""Partnership Life 2025 is more than just a celebration, it is a reflection that encapsulates not only the professional journey of our team but supports the well-being of their entire life, hence the name Partnership ‘Life’," said Mr. Sanesh Fernando, Chief Business Officer – Partnership Business. “Looking back on the past year, I’m proud to say it was an exceptional one for us, marked by growth across nearly every area of our business. What stands out most is the outstanding achievement of 135 MDRT qualifiers, including 22 COTs and 3 TOTs, which is a testament to the talent and caliber of our team. I must also convey my heartfelt thank you to Hatton National Bank, our other partner banks and broker network for their support. These partnerships are what continues to drive our shared journey towards excellence,” Mr. Fernando added.

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