HNB Assurance PLC 2017 IR
The report highlights HNB Assurance PLC's performance for the fiscal year 2017, during which the Group achieved a 17% growth in Gross Written Premium (GWP) to Rs. 7.8 Billion and a 41% increase in Profit After Tax (PAT) to Rs. 910 Million. The Life Insurance segment recorded a GWP of Rs. 3.96 Billion, while the General Insurance segment grew by 24% to Rs. 3.91 Billion. The Group's Investment Income grew by 52% to Rs. 1.7 Billion, and Funds Under Management crossed Rs. 15 Billion. Additionally, the Group maintained strong Capital Adequacy Ratios well above regulatory requirements.
Company: HNB Assurance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2017
Type: IR
Pages: 404
HNB Assurance PLC
The report highlights HNB Assurance PLC's performance for the fiscal year 2017, during which the Group achieved a 17% growth in Gross Written Premium (GWP) to Rs. 7.8 Billion and a 41% increase in Profit After Tax (PAT) to Rs. 910 Million. The Life Insurance segment recorded a GWP of Rs. 3.96 Billion, while the General Insurance segment grew by 24% to Rs. 3.91 Billion. The Group's Investment Income grew by 52% to Rs. 1.7 Billion, and Funds Under Management crossed Rs. 15 Billion. Additionally, the Group maintained strong Capital Adequacy Ratios well above regulatory requirements.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Feb 9, 2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees