HNB Assurance PLC 2023 IR
The report highlights HNB Assurance Group's performance for the fiscal year 2023, during which it achieved a consolidated Profit Before Tax of Rs. 2.5 Billion, representing a 5% increase over the previous year. Both HNB Assurance and HNB General Insurance recorded Gross Written Premium growth rates exceeding 20%, outperforming industry averages. The Group expanded its sales force, with HNB Assurance securing 203 Million Dollar Round Table qualifiers, and advanced its digital transformation through the implementation of new core insurance systems. Additionally, the Group demonstrated its commitment to sustainability by launching inclusive products like Micro Life and Parametric Insurance, and executing community projects focused on water purification and environmental restoration.
Company: HNB Assurance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2023
Type: IR
Pages: 380
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HNB Assurance PLC
Integrated Annual Report
The report highlights HNB Assurance Group's performance for the fiscal year 2023, during which it achieved a consolidated Profit Before Tax of Rs. 2.5 Billion, representing a 5% increase over the previous year. Both HNB Assurance and HNB General Insurance recorded Gross Written Premium growth rates exceeding 20%, outperforming industry averages. The Group expanded its sales force, with HNB Assurance securing 203 Million Dollar Round Table qualifiers, and advanced its digital transformation through the implementation of new core insurance systems. Additionally, the Group demonstrated its commitment to sustainability by launching inclusive products like Micro Life and Parametric Insurance, and executing community projects focused on water purification and environmental restoration.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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