HNB ASSURANCE’S ANNUAL REPORT BAGS ‘BEST OF SRI LANKA’ AWARD AT THE WORLD’S LARGEST ANNUAL REPORT COMPETITION

HNB Assurance (HNBA) achieved a remarkable milestone by clinching the coveted ‘Best of Sri Lanka’ award at the 37th annual international ARC Awards held in New York. This awards scheme is recognised as the world’s largest and most prestigious competition for annual reports. Furthermore, this achievement underlines the organisation’s commitment to excellence in corporate reporting.

The annual international ARC Awards honours organisations worldwide for their exceptional annual report publications, setting the benchmark for annual reports.

HNB Assurance’s recognition with the all-encompassing Best of Sri Lanka award, spanning across every sector, resonated with the very essence of its annual report’s theme – ‘Above All, We Rise.’ It underscores the organisation’s relentless pursuit of excellence and ability to surpass all challenges.

Commenting on this feat, HNB Assurance CEO Lasitha Wimalaratne says: “I’m extremely proud of the recognition of being named the Best of Sri Lanka across all sectors. It’s definitely no easy task especially when you’re up against companies of all scales in the country. This award reflects our dedication to transparency, and commitment to providing a clear and comprehensive report to our stakeholders in a creative manner. This achievement highlights the hard work and diligence of our entire team. My sincere appreciation goes to our internal teams and agency partner Emagewise.”

“Our journey at HNB Assurance Group has always been marked by a commitment to providing the best for stakeholders including customers, shareholders, employees and the communities we serve. This award reaffirms our belief and motivates us as a group to continue on this journey where we strive towards excellence. I extend my heartfelt congratulations to all the teams involved and their exceptional efforts in elevating the HNBA Group to be recognised as the Best of Sri Lanka,” notes HNB General Insurance (HNBGI) CEO Sithumina Jayasundara.

Highlighting the importance of transparent financial reporting, HNB Assurance CFO Punsirini Perera adds: “Trust is the cornerstone of the insurance sector. You can be successful as a company only when you earn the trust of your stakeholders. Being transparent helps you earn this trust, and we’ve always believed in delivering financial reports that not only meet regulatory requirements but also engage and inform our shareholders, thereby earning their trust. I am very grateful to our team and Emagewise for their tireless efforts, which helped us earn this prestigious recognition.”

HNB Assurance is one of the fastest growing insurance firms in Sri Lanka with a network of 64 branches. The life insurance company has a national insurer financial strength rating of ‘A- (lka)’ from Fitch Ratings Lanka.

Following the introduction of segregation rules by the insurance regulator, HNB General Insurance was created and commenced operations in January 2015. HNBGI continues to specialise in motor, non-motor and ‘takaful’ insurance solutions, and is a fully owned subsidiary of HNB Assurance.

HNB General Insurance has been assigned a national insurer financial strength rating of ‘A- (lka)’ by Fitch Ratings Lanka.

HNBA has been rated within the top 100 brands and top 100 companies in Sri Lanka by LMD, while HNB Assurance has claimed international awards for brand excellence, digital marketing and HR excellence including a Great Place To Work® certification. Furthermore, the organisation has also won many awards for its annual reports at award ceremonies organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

– Compiled by Tamara Rebeira

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