HNB Assurance PLC 2020 IR
The report highlights HNB Assurance PLC's performance for the fiscal year 2020, during which the Group surpassed the Rs. 10 billion Gross Written Premium (GWP) milestone for the first time. Despite the challenges of the COVID-19 pandemic, the Group achieved a 16% increase in Profit After Tax, reaching Rs. 1.18 billion, and maintained a strong Capital Adequacy Ratio of 338% for Life Insurance. The company accelerated its digital transformation by launching e-policies, digital payment options, and enabling remote work. Additionally, HNB Assurance continued its commitment to sustainability by completing six school water projects and reducing its electricity consumption by 18%.
Company: HNB Assurance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2020
Type: IR
Pages: 364
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HNB Assurance PLC
Integrated Annual Report
The report highlights HNB Assurance PLC's performance for the fiscal year 2020, during which the Group surpassed the Rs. 10 billion Gross Written Premium (GWP) milestone for the first time. Despite the challenges of the COVID-19 pandemic, the Group achieved a 16% increase in Profit After Tax, reaching Rs. 1.18 billion, and maintained a strong Capital Adequacy Ratio of 338% for Life Insurance. The company accelerated its digital transformation by launching e-policies, digital payment options, and enabling remote work. Additionally, HNB Assurance continued its commitment to sustainability by completing six school water projects and reducing its electricity consumption by 18%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Water Consumption
Women on Board
Women in Management
Employees