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AIA and NDB Wealth strike deal to insure high net worth clients

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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.”



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Sun directly overhead Kalpitiya, Talawa, Sinharagama, Galkadawala, Nachchaduwa, Padikaramaduwa, Gomarankalla and Verugal about 12.10 noon today (01)

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The sun is going to be directly over the latitudes of  Sri Lanka from 28th of August to 07th of  September due to its apparent southward relative motion.

The nearest places of Sri Lanka over which the sun is overhead today (01) are Kalpitiya, Talawa, Sinharagama, Galkadawala,
Nachchaduwa, Padikaramaduwa, Gomarankalla and Verugal about 12.10 noon.

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SJB asks what Speaker intended to do about allegations against CJ

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… stresses need for action if claims were proved false

Samagi Jana Balawegaya (SJB) MP Dayasiri Jayasekera has sought a clarification from Speaker Dr. Jagath Wickremaratne regarding several allegations against Chief Justice Preethi Padman Surasena, in Parliament, recently.

In a letter dated 31 August, Jayasekera has asked the Speaker whether he received any documentary evidence from MPs in support of the allegations at issue. The SJB MP has also inquired about the steps taken by the Speaker regarding the allegations and whether the issue had been taken up with the relevant agencies authorised to probe the assets of the CJ and members of his family.

MP Jayasekera confirmed that he had raised the issue with the Speaker, following the accusations relating to the high profile X-Press Pearl case, which received significant public attention in the recent past.

The Kurunegala District MP has also asked the Speaker whether the latter contemplated taking action in case the allegations were proved false to ensure that the dignity of the Chief Justice and the judiciary was safeguarded.

Among the issues raised by MP Jayasekera are the acquisition of valuable property in Colombo by the CJ’s son, the circumstances in which he was able to procure the property, as well as accusations regarding the CJ’s birth certificate, marriage certificate and birth certificates of his children.

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Navy Chief attends strategic-level discussions in Delhi

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Navy Chief Vice Admiral Damian Fernando held a series of strategic-level discussions with senior Indian defence and military officials during a three-day official visit to New Delhi. He returned on Sunday (30).

Navy Headquarters said that the two sides discussed ways to further strengthen maritime security cooperation between the two Navies in support of security in the Indian Ocean region. They also exchanged views on expanding training opportunities and capacity-building programmes, as well as other areas of bilateral importance.

During his visit to New Delhi, Vice Admiral Fernando also held official discussions with India’s Chief of Defence Staff, General N.S. Raja Subramani, Defence Secretary Rajesh Kumar Singh and Vice Chief of the Air Staff, Air Marshal Ashutosh Dixit and defence industry representatives. Discussions at these meetings focused on bilateral defence cooperation, joint training programmes, and opportunities to enhance air and maritime cooperation in the Indian Ocean Region.

As part of efforts to further expand cooperation in naval training and professional development, Vice Admiral Fernando also met Vice Admiral Sameer Saxena, Flag Officer Commanding-in-Chief of India’s Southern Naval Command, at its headquarters in Kochi, Kerala. The two sides discussed existing naval training exchange programmes and opportunities for introducing and expanding further training initiatives. The meeting followed the Commander of the Sri Lanka Navy’s visit to INS Dronacharya, the Indian Navy’s training establishment where he previously completed the Long Gunnery and Missile Course.

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