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One of Sri Lanka’s most innovative and respected insurance companies, Arpico Insurance PLC, has appointed industry veteran Mr. Kelum Senanayake as their Chief Executive Officer from 1st March 2021. Senanayaka brings to the table a wealth of experience & exposure spanning almost forty years, from both local as well as international Insurance industries. Mr. Senanayake started his career in 1982 at Mercantile Credit, which was the principal agent for the National Insurance Corporation prior to privatization. Thereafter he joined Union Assurance and rose to the rank of Assistant General Manager where he served until 2009, after which he joined Eagle Insurance as General Manager – Life Operations. In 2013 he was promoted to Director – Operations, where he was put in charge of an extensive repertoire of functions & responsibilities including Operations, Life Underwriting, Life Servicing, Claims, Product Development, Re-Insurance, Branch Operations, Corporate Solutions Distrib ....
Arpico Insurance appoints industry veteran Kelum Senanayake as CEO island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
Nations Trust Bank American Express is now offering up to 20 month installment plans for education related payments. With great importance placed on higher education comes the responsibility of paying tuition fees – whether it is for someone completing their last year at school or wanting to enroll in a degree or MBA programme. Whatever the aspirations might be, Nations Trust Bank American Express Cardmembers can now enjoy extended installment plans up to 20 months at any educational institute in Sri Lanka. Niluka Gunatilake, Head of Cards at Nations Trust Bank commented on the Bank’s exclusive privilege to cardmembers, “We’re always looking to support our cardmembers in every aspect of their lives. With rising tuition fees, settling educational fees might not always be a feasible option. The goal of offering installment plans for education fees is to help our cardmembers have the ability to fully support their children’s success, or even their own passions, and ....
Sri Lanka Insurance emerged as the only insurer in Sri Lanka to maintain National Insurer Financial Strength (IFS) rating of ‘AAA (lka) with a Stable Outlook amid the turbulent times proving the prowess and stature of the insurance giant. The rating reflects the favourable business profile, strong financial performance and capitalization of the company maintained over time within a challenging business environment. The pioneer of the insurance industry is shifting paradigms and setting benchmarks in the industry with AAA (lka) rating which is the highest score in the national rating scale. On the international rating scale along with the Sri Lankan sovereign rating of ‘CCC’, Sri Lanka Insurance recorded at ‘CCC+’ and SLIC’s rating continues to reflect its ‘Favourable’ business profile, and a capital position and financial performance better than that of the domestic insurance industry. ....