Business
Asia Corp Insurance Brokers enters into reinsurance facilitator agreements with Sanasa Life Insurance
The premier insurance and reinsurance brokering company, Asia Corp Insurance Brokers (Pvt.) Ltd., entered into reinsurance facilitator agreements with Sanasa Life Insurance Co. PLC on 13th September 2023.
The signing ceremony held at ‘80 Club’ Colombo was led by Asia Corp Chairman Sunil De Silva and Group Chairman of Ideal Group of Companies, Nalin Welgama where board of directors of both companies and many well-wishers were present.
The business leaders Sunil De Silva and Nalin Welgama expressed their views emphasizing on the importance of reinsurance and commended the technical team of Asia Corp for using their expertise in formulating a proportional reinsurance treaty arrangement at a time many reinsurers were pulling out of the country because of the prevailing crisis situation in Sri Lanka.
Ivan Nicholas, CEO Sanasa Life Insurance Co. PLC thanked the team of Asia Corp for providing a solution to their reinsurance requirement adding that it would help them tap corporate business and take the company into greater heights in the near future.