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HNB General Insurance Limited (HNBGI), a leading general insurance service provider in the country offering innovative motor, non-motor and takaful insurance solutions was awarded the Best General Insurance Company of the Year - Special Recognition Award at the recently held 3rd ICC Emerging Asia Insurance Awards 2021 in Kolkata, India, organized by the Indian Chamber of Commerce. The 3rd Emerging Asia Insurance Awards and Conclave was launched by the Indian Chamber of Commerce together with the Insurance Institute of India, Life Council of India, General Council of India, National Insurance Academy and PWC as process reviewers to acknowledge, recognize and honor the efforts made by Asian insurance companies to transform insurance industries of the region. Chief Executive Officer of HNBGI, Mr. Sithumina Jayasundara expressed his views stating, “This special accolade is a testament to our sustainable business model and reinforces our growing footprint in the market. The business has retained its core philosophy of agility and innovation as a response to the widespread disruptions to businesses across the globe during the past year and have consistently innovated and transformed our operations, processes, and approaches to deliver the best possible general insurance solution in the market”. Mr. Jayasundara continued, “Whilst thanking Indian Chamber of Commerce for this recognition, I wish to extend my sincere gratitude to all our staff members, customers, shareholders and business partners for their trust, commitment and support. HNBGI remains confident of our journey ahead and we look forward to expanding our footprint in the market by raising the bar further and offering innovative, efficient, and timely solutions to our customers”. HNB General Insurance Limited (HNBGI) was incorporated in January 2015 and specializes in Motor and Non-Motor Insurance Solutions and is presently one of the fast-growing General Insurance Companies in Sri Lanka, with a network of 56 branches. The Company is ranked within the Top 100 Brands in the country and has been awarded a ‘National Insurer Financial Strength Rating’ of A+ (lka) by Fitch Ratings Lanka Limited and has obtained the Great Place to Work® Certification. The Company was awarded the Motor Insurance Initiative of the Year - Sri Lanka award at the Insurance Asia Awards 2021, and is a fully owned subsidiary of HNB Assurance PLC.

Fitch Ratings has maintained ‘A+ (lka)’ National Insurer Financial Strength (IFS) Ratings of HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI). Fitch Ratings confirmed the ratings of the two companies in a statement published recently continuing their ‘A+ (lka)’ rating with Rating Watch Negative. The communiqué of the acclaimed rating agency, Fitch Ratings notes, ‘Fitch regards the insurers' company profiles as 'Favorable' compared to other insurers in Sri Lanka because of a 'Favorable' business profile and 'Moderate/Favorable' corporate governance. HNBA and HNBGI have substantive business franchises that benefit from an association with the group's parent, Hatton National Bank PLC (HNB, AA-(lka)/RWN) - one of the largest private commercial banks in the country - with whom they share the 'HNB' brand name’. Sharing his views, Chief Executive Officer of HNBA, Mr. Lasitha Wimalaratne stated, “During the past two years we have faced a number of challenges and setbacks. However, in response to these unprecedented challenges, HNBA adapted several responsive and agile business strategies and as a result, today, we are stronger than ever. HNBA opted to be rated by Fitch Ratings for its insurer financial strength, investment portfolio, strong risk profile and good governance and the fact that we have been able to maintain our rating at this turbulent time augurs well for the stability of the Company and its future growth trajectory. HNBA stands resilient, confident and affirmed of our journey and what’s ahead”. Mr. Sithumina Jayasundara, Chief Executive Officer of HNBGI stated, “This well-earned confirmation comes at a time of economic uncertainty, and we are delighted to have our Fitch Rating maintained at A+ (lka). As the country navigates through these challenging times, general insurers too have faced a number of operational challenges coupled with restrictions which limits the growth potential of businesses. In this backdrop, a commendable rating of this nature further demonstrates HNBGI’s strong financial footing relative to industry competition and will continue to leverage our footprint, capital and product offerings to deliver a strong performance. This rating will offer continued reaffirmation to all customers and stakeholders of strength and stability of the Company, and we will continue to be by their side, especially during these challenging times”. HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 64 branches. HNBA is a Life Insurance company with a rating of ‘A+’ (lka) by Fitch Ratings Lanka for 'National Insurer Financial Strength Rating'. Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful insurance solutions and is a fully owned subsidiary of HNB Assurance PLC. HNB General Insurance has been assigned a 'National Insurer Financial Strength Rating' of ‘A+’ (lka) by Fitch Ratings Lanka Limited. HNBA and HNBGI are rated within the Top 100 brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance has won international awards for Brand Excellence, Digital Marketing and HR Excellence including the Great Place To Work® Certification. HNB Assurance was awarded the Best Bancassurance Service Provider in Sri Lanka by Global Banking and Finance Review and has won many awards for its Annual Reports at award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka.

Showcasing its winning spirit, the cricket team of HNB General Insurance Limited (HNBGI) recently became Co-Champions at the Cricket Tournament organized by the Sri Lanka Insurance Institute (SLII). The tournament was held at the Mercantile Cricket Association Grounds in Colombo. Felicitating the champions, Chief Executive Officer of HNBGI, Mr. Sithumina Jayasundara stated, “Be it service excellence, product excellence or cricket, HNBGI as one team continues to uphold its winning spirit by setting new benchmarks in everything that we do and say. HNBGI, as a Company with a caring spirit is always committed to inculcate a culture of empowerment and support to help our staff members reach both professional and personal goals. Our cricket champs have once again done their duty and claimed victory and we are extremely proud of their talents and this victory. The Company has always supported sporting endeavors and has sponsored and supported several sports teams including the Deaf Cricket Team of Sri Lanka. The Management of HNBGI is wholeheartedly committed to support and nurture such a strong-minded team, working tirelessly to make our Company proud. Kudos to our cricket champs”. HNB General Insurance Limited (HNBGI) was incorporated in January 2015 and specializes in Motor and Non-Motor Insurance Solutions and is presently one of the fast-growing General Insurance Companies in Sri Lanka, with a network of 56 branches. The Company is ranked within the Top 100 Brands in the country and has been awarded a ‘National Insurer Financial Strength Rating’ of A+ (lka) by Fitch Ratings Lanka Limited and has obtained the Great Place to Work® Certification. The Company was awarded the Motor Insurance Initiative of the Year - Sri Lanka award at the Insurance Asia Awards 2021, and is a fully owned subsidiary of HNB Assurance PLC.