HNB Assurance Group (HNBA and HNBGI) has once again delivered impressive financial results for the year 2024, continuing its remarkable growth trajectory. The Group reported a 21% increase in Gross Written Premium (GWP), rising from Rs. 18.8 billion to Rs. 22.7 billion. Additionally, the Group recorded a consolidated Profit After Tax (PAT) exceeding Rs. 1.8 billion, marking a 7% growth compared to the previous year.

HNBA’s strong financial position was further highlighted by its upgraded Fitch rating, making it the only life insurer in Sri Lanka with an ‘A’ rating. HNBGI also earned an ‘A’ rating, positioning it among Sri Lanka’s leading general insurers.

Commenting on the achievements, Chairman Stuart Chapman expressed pride in the Group’s consistent growth, with a 22% average annual increase in GWP over the past four years. He also noted the 42% growth in share price by the end of 2024, reflecting market trust in HNBA’s stability.

CEO of HNBA, Lasitha Wimalaratne, highlighted significant milestones, including a 7.5% market share and a 27% growth in New Business Premiums. CEO of HNBGI, Sithumina Jayasundara, praised the company’s resilience, reporting a 59% increase in Profit After Tax and exceptional growth in non-motor insurance segments.

Overall, HNBA Group’s performance underscores its strong market presence and commitment to sustainable growth.

Chinese Dragon Café (CDC), Sri Lanka’s iconic Chinese restaurant chain, celebrates the first anniversary of its Dubai outlet. Established in 1942, CDC has become known for blending Sri Lankan spices with Chinese culinary techniques, creating a unique dining experience. The Dubai outlet, which opened in October 2023, is the first international expansion for the brand, representing Sri Lankan Chinese cuisine on the global stage.

CDC’s Managing Director, Udeshi, expressed pride in the warm reception the restaurant has received in Dubai, highlighting the universal appeal of its fusion dishes. The Hot Butter Cuttlefish, Nasi Goreng, and Seafood Fried Rice are some customer favorites. CDC’s Dubai outlet is also available on major delivery platforms, allowing diners to enjoy authentic Sri Lankan Chinese cuisine at home.

Yakaduru Yala, an eco-safari lodge nestled on the outskirts of Sri Lanka’s Yala National Park, has earned Booking.com’s prestigious 2025 Traveler Review Award with an impressive 9.6 rating. Since opening in 2022, the lodge has transformed former chena plantations into a sanctuary where ecological practices and traditional farming thrive together. Hosting over 30,000 guests, Yakaduru Yala has become one of Sri Lanka’s top eco-tourism destinations.

Committed to sustainability, the lodge uses solar power to eliminate its carbon footprint and engages in reforestation efforts with local wildlife and forest departments. Accommodations feature handcrafted mud cottages made from locally sourced materials, ensuring comfort while showcasing Sri Lankan craftsmanship.

Yakaduru offers guests immersive experiences, including guided wildlife safaris and walks exploring traditional agriculture and Sri Lankan rural life. Cultural performances and local cuisine further enhance the experience. Yakaduru’s success also benefits the local community by promoting chena farming and creating meaningful employment, making it a model of sustainable tourism.