📈 People’s Insurance Reaffirms Leadership with Global Award & Strong Q1 2026 Growth

People’s Insurance PLC has been named _Best General Insurance Company of the Year 2026 – Sri Lanka_ at The Global Economics Awards for the third consecutive year, alongside reporting strong financial growth for Q1 2026. Key Financial Highlights (Q1 2026): • Gross Written Premium (GWP) grew by 34% YoY to Rs. 2,856.54 m, outperforming the overall insurance industry growth of 27%. • Profit Before Tax reached Rs. 230.52 m, while Profit After Tax rose to Rs. 156.40 m, marking an 18% YoY increase in overall profitability. • Claims settlement for the quarter totaled nearly Rs. 1 Bn. Sector Performance & Diversification: • Motor portfolio remained the largest contributor to GWP, expanding by 38% YoY. • Non-Motor portfolio grew by 25% YoY, substantially beating the industry’s segment growth of 13% and reflecting successful business diversification. • Financial position remained stable with liquidity and capital adequacy levels comfortably above regulatory thresholds.