21 hours Ago
The celebration of excellence scaled new heights recently when life insurance market leader Ceylinco Life honoured the “titans” of the company’s success at a two-day extravaganza at Cinnamon Life, Colombo’s swankiest new leisure and entertainment destination. Combining Ceylinco Life’s ‘High Flyers Day’ and Annual Awards gala, the event saw 250 plus of the company’s top performing sales officers designated High Flyers being feted on day one, and being acknowledged with 350 awards including an automobile for their sales achievements, on day two. Both events included fine dining and scintillating entertainment, and the honourees were provided overnight accommodation at Cinnamon Life, the company said.
Ceylinco Life’s directors and senior management participated in both events, and the Annual Awards presentation themed ‘Crowning the Titans’ was graced by Asia Pacific Life and Health Reinsurance Head and Swiss Re ex China Managing Director Daisy Ning as Chief Guest, and Swiss Re L&H Client Markets India Director/ Head Sunayana Mahansaria as Guest of Honour. These events celebrated Ceylinco Life’s remarkable success in 2024, the company’s 21st year of unbroken market leadership in Sri Lanka. The company ended the year with gross written premium income of Rs.
37.14 billion and investment and other income of Rs. 28.
4 billion, recording consolidated income of Rs. 65.54 billion.
Policyholders received a record Rs. 25 billion in net claims and benefits in 2024, and the company’s Life’s Fund grew to Rs. 180.
89 billion at the end of the year. Total assets grew to Rs. 251.
4 billion while Ceylinco Life’s investment portfolio increased to Rs. 222.5 billion as at 31 December 2024.
Among those recognised as significant contributors to this performance were Ceylinco Life Sales Officers who met sales targets to qualify for High Flyers status, those who qualified for the Million Dollar Round Table (MDRT) and those that achieved ‘Sales Superstar’ status in 2024. Ceylinco Life’s top award winners at this year’s annual awards were the Best Agency Head –M. Manojan; Best Agency Supervisor –S.
Ragini; Best Life Insurance Advisor –A. I. P.
Manjula; and Best Regional Sales Manager –J. Meera..
