News
AIA and NDB Wealth strike deal to insure high net worth clients
AIA Insurance and NDB Wealth Management last week annonced a strategic partnership to enter untapped market segments of high net worth (HNW) clientele and provide them with comprehensive insurance solutions that fulfils their protection, retirement and health requirements, all under one roof, an AIA news release said.
It explained that the partnership was strengthened by NDB Wealth Management’s strong presence, network and brand reputation, combined with AIA’s 100-years of expertise in the region. The agreement reflects NDB Wealth Management and AIA’s strategy of delivering robust financial and insurance solutions.
The deal was described as a strategic move that is expected to benefit both companies, as well as their customers. AIA aims to expand its distribution reach, while NDB Wealth Management offers its customers a wider range of financial and insurance solutions.
“Over the last few years, both partners have invested in developing the right products for their customers and further integrated both the physical and digital channels to enable customers to transact seamlessly across multiple touchpoints,” the release said.
Speaking on the partnership, Chathuri Munaweera, CEO of AIA Insurance said, ‘As we pursue our journey of helping more people live healthier, longer, better lives; we are excited to partner with NDB Wealth Management, a leading player in the wealth management industry in Sri Lanka. This partnership will enable us to touch the lives of more Sri Lankans by expanding our distribution footprint and provide our insurance solutions to a unique market segment.
She added, “Our focus has always been on providing comprehensive protection and financial solutions to customers. We share the same purpose of putting customer needs at the forefront of all decision making, to provide the best financial solutions that can help them when they most need it.”
Ruwan Perera, CEO of NDB Wealth Management said, “We are delighted to partner with AIA Insurance to offer our customers a comprehensive range of insurance solutions as a value addition. AIA is globally recognised for its experience and excellence and their commitment to customer service aligns with our own values, and we firmly believe that this partnership will enable us to better serve our customers’ insurance needs.”
Latest News
Navy seize an Indian fishing boat poaching in Mannar seas
During an operation conducted in the dark hours of 22 Feb 26, the Sri Lanka Navy seized an Indian fishing boat and apprehended twelve (12) Indian fishermen while they were poaching in Sri Lankan waters, in the sea area south of Mannar.
The seized boat and the Indian fishermen were handed over to the Fisheries Inspector of Dikovita for onward legal proceedings.
News
Families of those sentenced to death for killing MP Atukorale seek AKD’s intervention
FSL assures legal backing for them
Families of those sentenced to death by the Three-member Gampaha High Trial-at-Bar, over the killing of SLPP MP Amarakeerthi Atukorale, and his police bodyguard, met a senior official of the Presidential Secretariat, yesterday (23), to seek backing for their move to appeal against the verdict.
Having made representations, they addressed the media, outside the Presidential Secretariat, where they declared their intention to move the higher court against the decision.
The SLPP MP and his security officer were killed by an Aragalaya mob on 09 May, 2022, at Nittambuwa. The same day Aragalaya mobs unleashed violence against the then government MPs across the country, torching dozens of their properties.
The Frontline Socialist Party (FSP) yesterday said that they would help the families of those sentenced to death to move court against the Gampaha High Court Trial-at-Bar decision. Responding to The Island queries, FSP spokesman Pubudu Jayagoda said that their representatives had already met the families and necessary work was being done to move the Supreme Court. Twenty three persons were acquitted and four handed six-month prison terms, suspended for five years
Jayagoda said that one of the HC judges differed in the ruling. Asked whether they received backing from any other political party and groups that had been involved in the 2022 protest campaign to defend those who had been found guilty, Jayagoda said such support was lacking.
The JVP/NPP played a significant role in the violent protest campaign that forced President Gotabaya Rajapaksa to step down. Pointing out that the Attorney General, too, was appealing against the court decision on the basis that the number of persons sentenced to death should be much higher, Jayagoda said that the Nittambuwa incident couldn’t be examined in isolation without taking into consideration the SLPP goon attack on Galle Face protesters on 09 May, 2022. (SF)
News
OPV leaves Baltimore, expected in Colombo in May
Offshore Patrol Vessel P 628 of the Sri Lanka Navy departed Baltimore, USA, for Colombo, on 20 February.
The ex-United States Coast Guard Cutter, USCGC Decisive was officially handed over to the SLN on 02 December, 2025, as the latest addition to the SLN fleet, under the Pennant Number P 628.
Measuring 64 metres in length, this ‘B-Type Reliance Class 210-foot Cutter’ is equipped with advanced technological systems and facilities, capable of conducting extensive surveillance operations spanning up to 6,000 nautical miles per patrol.
The vessel’s voyage to Colombo is historic, possibly marking the longest-ever passage undertaken by a Sri Lanka Navy ship. Covering approximately 14,775 nautical miles, the journey will see the P 628 navigate from Baltimore through the Atlantic Ocean, the Panama Canal (a first for a Sri Lankan naval vessel), the Pacific Ocean, and into the Indian Ocean, via the Straits of Malacca. The ship is expected to arrive in Sri Lanka during the first week of May, 2026.
-
Features3 days agoWhy does the state threaten Its people with yet another anti-terror law?
-
Features3 days agoVictor Melder turns 90: Railwayman and bibliophile extraordinary
-
Features3 days agoReconciliation, Mood of the Nation and the NPP Government
-
Features2 days agoLOVEABLE BUT LETHAL: When four-legged stars remind us of a silent killer
-
Features3 days agoVictor, the Friend of the Foreign Press
-
Latest News4 days agoNew Zealand meet familiar opponents Pakistan at spin-friendly Premadasa
-
Latest News4 days agoTariffs ruling is major blow to Trump’s second-term agenda
-
Latest News4 days agoECB push back at Pakistan ‘shadow-ban’ reports ahead of Hundred auction
