Amăna Takaful prepares for another promising year
View(s):Amăna Takaful recently presented its annual plan to its staff under the theme “We Are Winning” where all staff members were presented with the 2012 performance of the company highlighting the year and the milestones achieved.
“Our growth trajectory is promising and we have expanded to new markets in 2012. This year we are even more bullish to reach the homes and offices of more Sri Lankans to introduce them to the concept of Takaful through products of mutual value”, said Fazal Ghaffoor, Chief Executive Officer, Amana Takaful PLC, making a presentation to employees from all branches, who were present at the Colombo event.
A media release from the company said the respective Heads of Departments presented the highlights of 2012 and plans for the year 2013 focusing on its development and growth plans in its respective areas.
It said Amana Takaful reported growth of 26 per cent for the 9 months to September 2012, well above the industry’s 12.2 per cent.
The Company’s performance in terms of total Gross Written Premium (GWP) of Rs. 1.15 billion up to September 2012 compares with Rs. 913.6 million in the same period of 2011. The General Insurance business accounted for Rs. 891 million, growing at 28.5 per cent over the comparative period in 2011.
With branches in 21 locations island-wide, Amăna Takaful says it has been successful in its journey of more than a decade in establishing a strong position for the concept of Takaful amidst stiff competition with 20 other conventional industry players.
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