Ceylinco Insurance – General profits up

Ceylinco Insurance – General Division, the market leader in Sri Lanka, posted record gains during the nine-month period from January to September 2006.

Up to September 30, the company had achieved a premium income of over Rs.7 billion, an increase of over Rs.1.2 billion over the same period last year. The premium growth amounts to an increase of 24% over the corresponding period last year. The flagship brand – Ceylinco VIP, achieved an impressive premium income of Rs.4.3 billion, recording a growth of 22% over the same nine-month period last year. During the period under review, Ceylinco Insurance – General Division’s, profits grew by 63%, amounting to Rs.408 million, a company statement said.