Hosted by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the TAGS Awards brought together organisations from various sectors, including multinational corporations, SMEs, NPOs and NGOs, all celebrated for their excellence in financial and non-financial reporting.
The Company’s Integrated Annual Report, titled ‘Architects of Protection,’ was lauded for its adherence to the core principles of corporate reporting.
Union Assurance earned the Bronze Award from the Insurance Sector category (Gross Premium above LKR 10 Billion), reaffirming its leadership and dedication to excellence within the industry.
In addition, Union Assurance received certifications for Integrated Reporting and Corporate Governance Disclosure in Financial Services, further highlighting the Company’s commitment to maintaining the highest standards of transparency, accountability and governance.
Commenting on the achievement, Himani Weerasekera, the Chief Financial Officer at Union Assurance, stated,
“This recognition at the TAGS Awards 2024 is a significant milestone in our ongoing commitment to upholding the principles of transparency and sound governance practices.
It reflects our dedication to delivering value not only to our shareholders but to all our stakeholders through ethical and transparent financial reporting.
This accomplishment is a testament to the hard work and dedication of our teams who remain focused on maintaining the highest standards in everything we do.
As we move forward, we will continue to build on this success to empower the progress of the Sri Lankan people."
Union Assurance is a subsidiary of John Keells Holdings PLC (JKH), the largest conglomerate listed on the Colombo Stock Exchange, operating with over 80 companies in 7 diverse industry sectors.
The Company has completed over three decades of success with a Market Capitalisation of Rs. 27.8 Bn and a Life Fund of Rs. 74.7 Bn as of end September 2024.
Set to protect lives and enrich the well-being of all Sri Lankans, Union Assurance offers Life Insurance solutions that cover the health, investment, protection, retirement and education needs of Sri Lankans.
With an island-wide branch network and a workforce that is over 4300+ strong, Union Assurance continues to invest in people, products and processes with a customer-centric focus to be responsive to emerging changes in the Life Insurance industry.