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Insurance Firms Listing

3 posters

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1Insurance Firms Listing Empty Insurance Firms Listing Sun Aug 14, 2011 5:16 pm

insidertrader


Manager - Equity Analytics
Manager - Equity Analytics

The Colombo Stock Market will soon see a flurry of listed insurance corporates with the Amendments to the Insurance Act No 43 of 2000 requiring unlisted insurance corporates to list, and also composite companies to segregate their businesses.

The segregation of the businesses for the composite companies will mean that the companies which will have both life and general insurance businesses separated and also listed.

There is a total of 19 insurance companies of which seven are listed. The seven listed insurance companies are, Ceylinco Insurance, Aviva NDB, Union Assurance, HNB Assurance, Amana Takaful and Janashakthi.

( http://www.dailynews.lk/2011/08/13/bus01.asp )

Insurance firms in Sri Lanka

Allianz Insurance Lanka Ltd
Allianz Life Insurance Lanka Ltd
Amana Takaful PLC
Asian Alliance Insurance PLC
AVIVA NDB Insurance PLC (Formerly Eagle Insurance PLC)
Ceylinco Insurance PLC
Ceylinco Takaful Limited
CHARTIS Insurance Limited
Continental Insurance Lanka Ltd
Cooperative Insurance Co Ltd
HNB Assurance PLC
Janashakthi Insurance PLC
Life Insurance Corporation (Lanka) Ltd
LOLC Insurance Company Limited
MBSL Insurance Company Ltd
National Insurance Trust Fund
People's Insurance Ltd
Seemasahitha Sanasa Rakshana Samagama
Sri Lanka Insurance Corporation Ltd
Union Assurance PLC

( http://www.ibsl.gov.lk/insurance_companies.htm )

2Insurance Firms Listing Empty Re: Insurance Firms Listing Sun Aug 14, 2011 6:23 pm

windi5

windi5
Moderator
Moderator

Allianz Insurance Lanka Ltd and CHARTIS Insurance Limited are subsidiaries of foreign companies. can they list there business here?. Both these two companies are doing well in SL, making lots of profits. They got a few nos of branches and stuff,but deal with big companies like Dialog,Hutch,Etisalat etc. Dialog insurance deal with Allianz is more than 1000m as i can remember. After banking sector,Insurance sector is the most profitable business in the world .

3Insurance Firms Listing Empty Re: Insurance Firms Listing Mon Aug 15, 2011 12:35 pm

RockStock


Manager - Equity Analytics
Manager - Equity Analytics

windi5 wrote:Allianz Insurance Lanka Ltd and CHARTIS Insurance Limited are subsidiaries of foreign companies. can they list there business here?. Both these two companies are doing well in SL, making lots of profits. They got a few nos of branches and stuff,but deal with big companies like Dialog,Hutch,Etisalat etc. Dialog insurance deal with Allianz is more than 1000m as i can remember. After banking sector,Insurance sector is the most profitable business in the world .

Any forign firm operates in SL can be listed in CSE eg NEST. I thought most profitable business in the world is Weapons and Next Pharmaceuticals clown

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