Category: Insurance

May 14, 2009 (LBO) – The ‘BBB+’ claims-paying-ability rating of Sri Lanka’s Janashakthi Insurance has been put on watch with a negative outlook following the suspension of its license by the regulator, Ram Rating Lanka said. A ‘positive’ outlook indicates that a rating may be raised while a ‘negative’ outlook indicates that a rating may […]

May 13, 2009 (LBO) – Janashakthi Insurance said it was confident of getting a ‘sudden and unexpected’ suspension of its licence by the Insurance Board of Sri Lanka (IBSL) revoked soon. Janashakthi Insurance Managing Director Prakash Schaffter said that the public quoted company was totally transparent in its operations and has always fully complied with […]

May 12, 2009 (LBO) – Sri Lanka’s Insurance Board said it has suspended Janashakthi Insurance’s licence for three weeks from Tuesday and prohibited it from issuing new insurance policies. The suspension is in respect of Janashakthi’s Long Term Insurance Business and General Insurance Business, the Insurance Board of Sri Lanka (IBSL) said in a statement. […]

May 12, 2009 (LBO) – Janashakthi Insurance said it had appealed against the suspension of its licence by the Insurance Board of Sri Lanka which was due to non-compliance with the solvency ratio as the regulator had not accepted previously accepted assets. online pharmacy buy abilify with best prices today in the USA buy wellbutrin […]

May 8, 2009 (LBO) – Sri Lanka has not yet discussed power cuts, a senior government minister said as hydro storage at the country’s state run power utility ran towards a critical level which may trigger compulsory load shedding. CEB now has an installed thermal capacity of 1250MW and 1,100MW of hydro capacity. However the […]

ZURICH, May 7, 2009 (AFP) – The world’s biggest reinsurer Swiss Re said Thursday it made a profit of 150 million francs in the first quarter, returning to profitability after posting its biggest annual loss in 2008. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy diflucan with best prices […]

May 05, 2009 (LBO) – Sri Lanka’s John Keells Holdings (JKH) said it had increased its stake in insurer Union Assurance by a further 2. online pharmacy buy diflucan with best prices today in the USA buy cenforce online https://www.indcheminternational.com/wp-content/uploads/2022/08/png/cenforce.html no prescription pharmacy 52 percent after an offer to buy out remaining shareholders which ended […]

May 04, 2009 (LBO) – Sri Lanka’s HNB Assurance said March quarter after tax profit rose 12 percent to 15. online pharmacy buy abilify with best prices today in the USA buy wellbutrin online https://qpharmacorp.com/wp-content/uploads/2023/08/png/wellbutrin.html no prescription pharmacy online pharmacy buy ocuflox with best prices today in the USA buy ivermectin online https://www.scottsdaleweightloss.com/wp-content/uploads/2022/08/png/ivermectin.html no prescription […]

Apr 29, 2009 (LBO) – Sri Lanka’s Ceylinco Insurance Company has reported profits of 486.7 million for 2008, down 52.0 percent as the firm cleaned up its balance sheet by writing off more than 300 million rupees injected to related companies. Ceylinco Insurance revenues climbed 21 percent to 20.0 billion rupees and the firm paid […]

May 01, 2009 (LBO) – Sri Lanka’s Union Assurance said group net profit for the March quarter went up 24 percent to 51 million rupees from a year ago.buy strattera online buy strattera online no prescription Revenues for the three months ending March 31, 2009 rose 16 percent to 1.5 billion rupees, the company said […]

Apr 27, 2009 (LBO) – Sri Lanka’s Asian Alliance Insurance Company said 2008 profits rose 20 percent to 135.4 million rupees due to higher profitability in life insurance business despite the non-life portfolio losing money. Premium income from motor insurance had increased 55 percent, marine insurance 26 percent and miscellaneous insurance 11 percent. However premium […]

April 23, 2009 (LBO) – Sri Lanka’s Amana Takaful Insurance said it made a premium income of over a billion rupees in 2008, helping to reduce losses, and that it expects medical insurance to grow this year. online pharmacy buy diflucan with best prices today in the USA buy rotacaps online https://yourolddog.com/wp-content/uploads/2020/08/png/rotacaps.html no prescription pharmacy […]