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Ceylinco Insurance Company Plc (Sri Lanka)

Main Activities: Insurance Carriers
Full name: Ceylinco Insurance Company Plc Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ceylinco Insurance Company Plc is a leading insurance company located in Colombo, Sri Lanka. The company was incorporated on January 14, 1988, and has since become a diversified conglomerate with interests in insurance, education, hydropower, healthcare, and financial services. Ceylinco Insurance offers a wide range of products and services, including General and Life insurance, Hydropower, Education, Development Banking, and Healthcare. They have the largest network of branches and agents in the insurance industry in Sri Lanka and aim to become the leading provider of protection and financial security in both Sri Lanka and international markets. The company's mission is to provide high-quality protection and financial security to society while adding value to shareholders' wealth and valuing the dignity of their staff. Their corporate goals include providing a good return on investment, achieving stability, developing satisfied and motivated employees, and contributing to the economic development of Sri Lanka and the enhancement of its people's quality of life.

Headquarters
Ceylinco House 69, Janadhipathi Mawatha
Colombo; Western Province; Postal Code: 01

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Website: http://www.ceylincoinsuranceplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1987
Key Executives
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Chairman
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Chief Financial Officer
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Chief Operating Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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42.2%
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7.79%
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6.32%
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4.52%
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4.12%
Subsidiaries
Ceg Education Holdings (Pvt) Ltd
Ceylinco General Insurance Ltd
Ceylinco Healthcare Services Ltd
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
8.98%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-13.2%
Total assets
14.57%
Investments
8.69%
Receivables
-1.38%
Total equity
12.25%
Net Premiums Earned Trend
-3.7%
Net Profit Trend
N/A
Return on Equity (ROE)
-3.67%
Loss Ratio
-4.36%
Underwriting Expenses Ratio
-33.38%

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