Union Assurance PLC 2022 IR

The report highlights Union Assurance PLC's performance for the fiscal year 2022, showcasing an 8% growth in Gross Written Premium to Rs. 16.7 billion and a 42% increase in Profit Before Tax to Rs. 3.7 billion. Despite a challenging macroeconomic environment in Sri Lanka, the company consolidated its position as the second-largest regular new business producer in the industry. Key achievements include producing 257 MDRT qualifiers and advancing its digital transformation through the Clicklife app. Additionally, the company launched its Diversity, Equity, and Inclusion policy and introduced a revolutionary 100-day paternal leave policy.

Company: Union Assurance PLC

Sector: Financials

Country: Sri Lanka

Year: 2022

Type: IR

Pages: 324

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Union Assurance PLC

Union Assurance PLC 2022 Annual Report

Annual Report

The report highlights Union Assurance PLC's performance for the fiscal year 2022, showcasing an 8% growth in Gross Written Premium to Rs. 16.7 billion and a 42% increase in Profit Before Tax to Rs. 3.7 billion. Despite a challenging macroeconomic environment in Sri Lanka, the company consolidated its position as the second-largest regular new business producer in the industry. Key achievements include producing 257 MDRT qualifiers and advancing its digital transformation through the Clicklife app. Additionally, the company launched its Diversity, Equity, and Inclusion policy and introduced a revolutionary 100-day paternal leave policy.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

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

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Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management

Employees