HNB General Insurance (HNBGI) has been named the Most Awarded General Insurance Company 2024 in the prestigious LMD Most Awarded Companies in Sri Lanka rankings. This latest recognition solidifies the company’s position as a leader in the industry, underscoring its commitment to excellence, innovation, and customer-first service.
Complementing its achievements, HNBGI recently received a significant upgrade in its credit rating, now rated ‘A(lka)’ by Fitch Ratings, up from ‘A-(lka)’. This prestigious upgrade underscores the company’s robust financial standing, reflecting its ability to navigate complex and challenging economic conditions. The rating upgrade highlights HNBGI’s strategic approach to risk management, operational efficiency, and its consistent ability to deliver strong financial performance despite external challenges. It also serves to boost stakeholder confidence, including investors, policyholders, and partners, affirming that HNBGI is not only resilient but also positioned for sustainable long-term growth. This upward revision in its rating further strengthens the company’s reputation and enhances its capacity to serve customers with reliable, high-quality insurance solutions.
Sithumina Jayasundara, CEO of HNB General Insurance, stated, “We are greatly honored to be recognized as Sri Lanka’s Most Awarded General Insurance Company for 2024. This accolade is a testament to the trust our customers place in us and the dedication of our team in delivering world-class insurance solutions. At HNBGI, we remain committed to innovation and service excellence, ensuring that our customers are empowered to take on tomorrow with confidence.”
In addition to its comprehensive range of insurance products, including motor, medical, home, fire, marine, travel, and engineering insurance, HNBGI continues to lead the way with innovative, industry-first solutions. Notably, the company has introduced parametric insurance for crop and livestock, a groundbreaking initiative aimed at providing farmers with timely, efficient support in times of need. HNBGI’s focus on innovation ensures that the company not only meets the evolving needs of its customers but also provides them with forward-thinking solutions that support sustainable growth.
With a clear vision to become Sri Lanka’s most customer-centric general insurance provider by 2027, HNBGI continues to strengthen its position in the market through innovative solutions, financial stability, and a commitment to service excellence. This recognition and the ongoing enhancements to its offerings reinforce the company’s determination to meet the evolving needs of its customers and stakeholders, paving the way for sustained success in the years ahead.