Ceylinco Insurance premium income sharply up
View(s):Ceylinco Insurance ended the year 2013 recording a premium income of Rs.22.7 billion, as at 31st December 2013, the company said this week noting that a majority of the shares of the company are owned by the employees.
“It is a noteworthy and a commendable factor, the tremendous support extended by the staff, who rally around us always, giving us unprecedented strength, which is also a great encouragement,” Ajith Gunawardena, Managing Director and Chief Executive Officer of Ceylinco Insurance.
“With the employees holding a majority of the shares, their commitment to the company and its success is even greater. This is a good case study for the corporate sector,” he added in a public statement.
Last year shares of the company traded at an average of Rs 1,116, with the highest trading point being Rs.1,400, indicative of the confidence and trust placed in the company by the public and shareholders, the statement said.