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

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Union Assurance PLC

Union Assurance PLC 2025 Annual Report

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

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Energy Consumption

Water Consumption

Total Waste

Workplace Fatalities

Employees