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Union Assurance Plc (Sri Lanka)

Main Activities: Insurance Agencies and Brokerages
Full name: Union Assurance Plc Profile Updated: March 18, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English Download a sample report

Union Assurance Plc is an enterprise based in Sri Lanka. Its main office is in Colombo. It operates in the Insurance Agencies and Brokerages industry. It was first established on April 04, 1987. There are currently 821 (2025) people employed by Union Assurance Plc. The latest financial highlights indicate a net sales revenue increase of 19.33% in 2025. Over the same period, its total assets grew by 16.25%.

Headquarters
20, St Michael'S Road
Colombo; Western Province; Postal Code: 03

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Website: http://www.unionassurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 04, 1987
Key Executives
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Chairman
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Chief Executive Officer
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Chief Executive Officer
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Chief Operating Officer
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Director/Member of the Board
Ownership Details
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2.4%
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0.9%
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0.6%
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0.3%
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0.2%
Company Performance
Financial values in the chart are available after Union Assurance Plc report is purchased.
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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
19.33%▲
Operating Profit
N/A
Net Profit/Loss for the Period
-9.92%▼
Total Assets
16.25%▲
Investments
20.3%▲
Receivables
22.47%▲
Total Equity
-1.25%▼
Net Premiums Earned Trend
6.32%▲
Net Profit Trend
-9.46%▼
Return on Equity (ROE)
-1.39%▼
Loss Ratio
0.78%▲
Underwriting Expenses Ratio
0.46%▲

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