HNB Assurance Wins Top Indian Chamber of Commerce Award 📈

HNB Assurance PLC (HNBA) has been recognized as the Best Health Insurance Coverage Provider of the Year – Sri Lanka at the prestigious Emerging Asia Insurance Awards 2026, organized by the Indian Chamber of Commerce (ICC). This accolade marks a significant milestone in the company’s "10 in 5" strategic journey toward market leadership. • Overall Performance & Growth • Life Insurance GWP: Reported 38% YoY growth (reaching Rs. 13.74 Bn) as of Q3 2025, the highest in the local industry. • Group GWP: Increased by 32% YoY to Rs. 21.9 Bn. • Total Assets: Expanded to Rs. 63.2 Bn (+18% YoY), with the Life Fund growing 24% to Rs. 47.4 Bn. • Sector Highlights • Health Insurance: Awarded for innovation and customer-centric protection solutions amid evolving healthcare needs. • General Insurance: HNB General Insurance recorded a 23% GWP growth, more than double the industry average of 11%. • Digital Transformation: Ongoing shift toward 100% paperless operations by 2026, supported by AI-driven initiatives like "HNBGI NEXA." • Market Context • The recognition reinforces HNBA’s position in the financial services sector as a resilient player following its 25th anniversary. • Net claims and benefits paid rose by 54% to Rs. 3.25 Bn, reflecting high policyholder commitment and portfolio expansion. _Note: Summary based on provisional Q3 2025 financial data and official February 2026 award announcements._