Union Assurance PLC 2025 AR2
The report highlights Union Assurance PLC's strong financial and operational performance for the fiscal year 2025, marked by a 19% growth in Gross Written Premium and a 13% increase in life insurance surplus to Rs. 3.4 billion. The company established a landmark exclusive bancassurance partnership with Sampath Bank PLC, launching Sri Lanka's first core banking-integrated digital model. On the sustainability front, Union Assurance pioneered the adoption of SLFRS S1 and S2 climate-related disclosure standards and transitioned its entire vehicle fleet to electric and hybrid models. Additionally, its flagship 'Suwamaga' diabetes awareness campaign screened over 23,000 individuals across all 25 districts of Sri Lanka.
Company: Union Assurance PLC
Sector: Financials
Country: Sri Lanka
Year: 2025
Type: AR2
Pages: 400
Union Assurance PLC
Annual Report
The report highlights Union Assurance PLC's strong financial and operational performance for the fiscal year 2025, marked by a 19% growth in Gross Written Premium and a 13% increase in life insurance surplus to Rs. 3.4 billion. The company established a landmark exclusive bancassurance partnership with Sampath Bank PLC, launching Sri Lanka's first core banking-integrated digital model. On the sustainability front, Union Assurance pioneered the adoption of SLFRS S1 and S2 climate-related disclosure standards and transitioned its entire vehicle fleet to electric and hybrid models. Additionally, its flagship 'Suwamaga' diabetes awareness campaign screened over 23,000 individuals across all 25 districts of Sri Lanka.
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Document Details
Report Year
2025
Reporting Period
Jan 1, 2025 - Dec 31, 2025
Fiscal Year
2025
Type
Annual Report with Sustainability Disclosures
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
Workplace Fatalities
Employees