📈 Union Assurance Wins Silver for Life Insurance at SAFA BPA Awards 2024

Sri Lanka’s longest-standing private life insurer, Union Assurance PLC, has secured the Silver Award in the Life Insurance category at the SAFA Best Presented Annual Report Awards 2024. The recognition, awarded for its 2024 Annual Report “Folds of Value,” highlights excellence in financial reporting, transparency, and corporate governance in South Asia. • Regional Milestone: This Silver Award is the highest recognition earned by a Sri Lankan company in the Life Insurance segment at this year's ceremony held in Islamabad. • Financial Strength: As of end-September 2025, the company maintains a robust Market Capitalisation of Rs. 46.2 Bn and a Life Fund of Rs. 91.1 Bn. • Corporate Context: A subsidiary of John Keells Holdings PLC, the company operates an island-wide network with over 3,000 employees focusing on health, investment, and retirement solutions. • Industry Leadership: The award underscores the company's commitment to international financial communication standards and its role in the evolution of the local insurance sector.