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Allianz Lanka donates clean drinking water system to Ra/Higgaswatta Primary School

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‘Pictured are the students, teachers and administrators from Ra/ Higgaswatta Primary School, along with the Allianz Lanka team

Allianz Lanka, a member of the Munich-based global insurance powerhouse, Allianz SE, has taken another significant step towards promoting sustainable development and ensuring access to clean water in Sri Lanka. This has been accomplished through the installation and donation of a state-of-the-art clean drinking water system at Ra/Higgaswatta Primary School in Kuruwita in Sabaragamuwa Province. This initiative is in line with Allianz Lanka’s commitment to fulfilling UN Sustainable Development Goal No. 06 – clean water and sanitation for all.

Ra/Higgaswatta Primary School, which caters to over 1,000 rural students, faced severe challenges with regard to clean water and sanitation. Recognizing the importance of clean drinking water for a healthy learning environment, Allianz Lanka collaborated with the school authorities to address this issue through a new, functional, high-quality drinking water system. The comprehensive system includes a 150ft-deep tube well and a water purifier unit, completed with a modern plumbing system and electric water pump. The initiative was completed and officially handed over to the school on the 10th of May 2023.

The handover ceremony was a moment of celebration for the students at the school and was attended by Alan Smee – CEO and Country Manager at Allianz Insurance Lanka Limited, Ranga Dias – Chief Distribution Officer, and representatives from Allianz Lanka’s regional sales and management teams. The warm welcome and gratitude extended to the officials from Allianz Lanka at the handover ceremony reflected the profound impact this initiative will have on the daily lives of these deserving schoolchildren.

Alan Smee expressed his enthusiasm and support for the project, saying, “We believe that access to clean water is a fundamental right and an essential component for a healthier society. By installing this clean drinking water system at Ra/ Higgaswatta Primary School, we aim to provide the students with a safe and sustainable source of water, enabling them to thrive and fully immerse themselves in their educational journeys.”



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Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.

The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.

Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.

The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.

The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.

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CEAT Kelani retains AA+ rating for sixth year

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CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.

The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.

Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.

The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.

Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.

The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.

CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.

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Rivon Agriglobe introduces ZETOR tractors, Rover e-bikes

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Chief Guest Nalin Welgama (left) lighting the traditional oil lamp at the event

Rivon Agriglobe and Rivon Lanka, affiliated with Celogen Lanka, Assidua Technologies and Kelun Lifesciences, have introduced ZETOR and Agriglobe tractors, the Z-Tukoba power tiller and Rover electric motorcycles to the Sri Lankan market.

The new range was launched at a special event held on September 4 at the Sannasa Hotel in Dambulla, attended by more than 120 dealers from across the country.

The event was graced by Nalin Welgama as Chief Guest, together with Rishi Kumar, Managing Director; WH Roshan, Finance Director; Sadish Kumar, Director; Sumith Nandana, General Manager; Suresh Dhammika, Head of Sales; and Jayasuriya, Operations Manager.

The agricultural machinery range includes the 50-horsepower ZETOR HORTUS 50 and Agriglobe 50 tractors and the Z-Tukoba power tiller, offering what the company described as European-engineered technology for Sri Lankan farmers.

The launch also featured the recognition of Rover E-Bike dealers, highlighting the company’s efforts to expand its island-wide dealer network and promote electric mobility.

The companies said the new models would be available through their growing dealer network across Sri Lanka, providing customers with access to agricultural machinery and electric motorcycles.

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