HNB Assurance PLC (HNBA) made a significant ascent in the latest LMD 100 rankings climbing 13 places to reach rank 64, cementing its position as one of Sri Lanka’s leading listed companies. Throughout the past few years, HNB Assurance has grown stronger, smarter and more united in its purpose, turning challenges into opportunities and refining every aspect of its operations.

The LMD 100 is a prestigious annual ranking that evaluates the financial and strategic performance of publicly listed companies in Sri Lanka. HNB Assurance has consistently climbed the ranks year after year in recent years, reflecting the company’s sustained growth. With 2025 underway, HNB Assurance is planning to leverage its strengths and growth momentum maintained over the past couple of years, as this year represents the penultimate step in its ambitious journey toward achieving the vision of “10% market share by 2026”, a transformative goal that aims to redefine, elevate and position the company as a trailblazer in the industry.

Sharing his thoughts on the company’s new ranking, Lasitha Wimalarathne, Chief Executive Officer of HNB Assurance PLC, stated, “Our upward trajectory in the LMD 100 rankings reflects the collective efforts of our incredible team, the trust our customers have placed in us and our ability to adapt to the dynamic business landscape. At HNB Assurance, we remain committed to strengthening our core business, embracing innovation and delivering sustainable value to all our stakeholders.”

“As we step into 2025, it is inspiring to reflect on our journey so far. By the end of Q3 2024, we achieved growth that was well above the industry average, a remarkable feat we’ve consistently maintained since 2022. This success has been driven by the exceptional efforts of our sales force both from the Advisor Distribution and Partnerships channels, alongside the support of all our teams. I must also add that our vision for ‘10 in 2026’ is not merely a corporate milestone, it embodies our broader aspiration to transform lives, uplift communities and set new benchmarks in the industry. As the countdown to this goal continues, we will maintain our growth, while continuing to stive and create a lasting impact on the lives of our policyholders.” added, Wimalaratne.

Sri Lanka Insurance further expands its presence in the Upper Western region with the opens its Naiwala Agency Business Development Center (ABDC) on the 12th of December at No.90/6/C, Airport Road, Naiwala junction, Veyangoda.

The occasion was graced by SLIC Life Chief Business Officer Namalee A. Silva, Deputy General Manager – National Sales (Life) Jagath Welgama, Upper Western regional management, Branch Management of Veyangoda representing Life and General categories. Distinguished invitees and customers of the area were also in attendance at the event.

Agency Business Development Centers (ABDC) allows SLIC to further enhance its reach, which provides convenience and speed of service delivery to its loyal customers in relation with their protection needs.

Online gift and lifestyle platform WishQue has been recognized as the Online Brand of the Year at the SLIM Brand Excellence Awards 2024, marking the third time the company has received this prestigious accolade, said a release.

It said: This achievement reinforces WishQue’s position as a trailblazer in Sri Lanka’s e-commerce industry. In addition to this honor, WishQue secured the National ICT Award NBQSA 2024 for its innovative WishQue System Software in the Marketplaces, Consumer Category. This recognition highlights WishQue’s leadership as a tech-driven brand, utilizing cutting-edge technology to enhance customer experiences and optimize operational efficiency.