Business
AIA’s national safety endeavour, the Poson Safety Programme, successfully concludes with zero deaths
The AIA Poson Safety Programme, AIA’s flagship CSR commitment to Sri Lanka, successfully ended for 2022, with zero deaths reported due to drowning in and around the sacred city of Anuradhapura in the month of June.
As a result of this programme, the thousands of pilgrims that visited Anuradhapura this Poson were able to bathe safely in the surrounding lakes and reservoirs to cleanse themselves before engaging in their religious rituals.
AIA Insurance’s commitment towards the AIA Poson Safety Programme goes back to 1993 where AIA together with Sri Lanka Lifesaving and Sri Lanka Police facilitated lifeguards across most reservoirs and lakes around Anuradhapura to ensure that pilgrims were safe when they bathe in the bodies of water. In this 27th year, the programme was held across three days, covering Anuradhapura, Polonnaruwa, Dambulla and Mihintale and facilitated 500 lifeguards across 22 reservoirs. AIA also marked warning signs around the areas on where it is dangerous and safe to bathe while creating awareness on the dangers of drowning through displays, signboards, hoardings, and pennants across the Anuradhapura District, to encourage pilgrims to be cautious.
Despite the current economic challenges, AIA was determined to continue its societal endeavours. Having saved many lives and achieving zero deaths, indeed highlights the importance of this societal endeavour.
“I am so deeply grateful and indebted to the volunteers who saved mine and my son’s life” said a rescued pilgrim, adding “we come on pilgrimage to Anuradhapura every year, but this was the first time my son visited Anuradhapura for Poson with so many dreams to achieve ahead in life. This initiative organised to ensure the pilgrims’ safety is meritorious because if not for them my family would have lost two lives unnecessarily.”
AIA’s Chief Executive Officer Chathuri Munaweera noted, “As Sri Lankans this is a time that we need to find ways to help each other. Seeing thousands of Sri Lankans gathering to Anuradhapura to celebrate Poson irrespective of the challenges in transportation and being there for them to ensure their safety was such a heartening experience. As always AIA kept our promise of safety in this programme and over the years have helped to save over 200 lives. This year too AIA’s Senior Management was at site in Anuradhapura together with our project team and Wealth Planners showing our commitment to the cause. I am so grateful and thankful to our partners – Sri Lanka Lifesaving, Sri Lanka Police, Sri Lanka Navy and the Civil Security Division who so enthusiastically support AIA’s Poson Safety Programme with their lifeguards each year in this great cause of protecting lives.”
Business
Ceylinco Life agent among three global finalists for award
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.
Business
CEAT Kelani retains AA+ rating for sixth year
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.
Business
Rivon Agriglobe introduces ZETOR tractors, Rover e-bikes
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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