Union Assurance PLC 2017 IR
The report highlights Union Assurance PLC's outstanding business performance in 2017, marking its 30th anniversary with a 22% growth in Gross Written Premiums to Rs. 10.1 billion. The company achieved a record profit after tax of Rs. 7.4 billion, which included a one-off surplus transfer of Rs. 3.4 billion. Union Assurance also expanded its market share to 14% and was recognized as the third-largest new business producer in the industry. On the sustainability front, the company reduced its carbon footprint by 21% and actively engaged in community health programs, touching over 900,000 lives.
Company: Union Assurance PLC
Sector: Financials
Country: Sri Lanka
Year: 2017
Type: IR
Pages: 292
Union Assurance PLC
Annual Report
The report highlights Union Assurance PLC's outstanding business performance in 2017, marking its 30th anniversary with a 22% growth in Gross Written Premiums to Rs. 10.1 billion. The company achieved a record profit after tax of Rs. 7.4 billion, which included a one-off surplus transfer of Rs. 3.4 billion. Union Assurance also expanded its market share to 14% and was recognized as the third-largest new business producer in the industry. On the sustainability front, the company reduced its carbon footprint by 21% and actively engaged in community health programs, touching over 900,000 lives.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Mar 29, 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
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Employees