Amãna Takaful Life ‘Annual Awards’ celebrates achievers for 2016

Amãna Takaful Life, which has continually grown and expanded to make a significant mark in the insurance industry in Sri Lanka, hosted its awards ceremony for the year 2017 on a high note, at Galadari Hotel Ballroom recently.

Amãna Takaful PLC Chairman Tyeab Akbarally graced the occasion as the chief guest, alongside the renowned, veteran management consultant, author, trainer and speaker Deepal Sooriyaarachchi, who graced the occasion as the keynote speaker for the night. 

‘Annual Awards Night’ is one of the most awaited events in Amãna Takaful Life’s corporate calendar as this splendid event celebrates its top achievers and performers for their efforts and commitment in steering the company to new heights.

The awards night, aptly themed, ‘Widening Horizons’ perfectly framed the organisation’s goals and aspirations for the future. Amãna Takaful shows stability and growth as its net profit amounted to Rs.93 million at the half year ending in June 2017.

Commenting on this performance, Akbarally said, “The stakeholders will be happy to note that in the last 12 months, amidst the challenges in group restructure, listing of the life company and the successful accomplishment of the rights issue, which was necessitated in fulfilling the regulatory requirements, the position of the group has been strengthened for stability 
and growth.”

Furthermore, he extended his gratitude and sincere thanks to his staff members for their untiring efforts and allegiance towards the company. Congratulating the winners for the night he noted, “I would like to congratulate everyone on the shortlist and especially our winners. You show true innovation and leadership in driving responsible business and our staff remains the driving force behind our success story.”

Amãna Life CEO Gehan Rajapakse sharing his thoughts at the occasion stated, “It indeed is a special day for all at Amãna Life, as we celebrate and take pride in our achievements for the year 2016. As a team driven by dedication and commitment, you all have worked towards keeping the momentum alive. Thank you and congratulations.”

The Annual Awards Night recognizes the efforts of both the sales and operations staff honouring their commitment in steering the company to enduring success. Employee motivation and recognition remains a key feature of this annual event encouraging the Amãna team members to achieve their maximum potential in a thriving corporate environment. 

Commitment and dedication towards achieving company’s vision was recognized and acknowledged throughout the Awards Night and the most prestigious award ‘Champion of Champions’ was awarded to A.C.M. Ramzan of the Metro branch.

Amãna Takaful PLC continues to show stability and rapid progress over the years. In comparison to 2016, the gross written premium (GWP) growth at Amãna Takaful PLC has doubled to 10 percent. Therefore, consequently ATPLC records a profit of Rs.30 million in comparison to a loss of Rs.98 million in 2016, which includes an intercompany dividend of seven million. The company’s strategies to boost productivity and to implement tactical insurance solutions have had a greater effect in the significant growth of profit recorded over the years. Amana Takaful Maldives PLC too continues to sustain its GWP at Rs.670 million with a profit outturn of 
Rs.44 million. 

Amana Takaful has made its mark in the insurance industry in Sri Lanka since 1999 and continues to expand and grow while providing total Takaful solutions for its growing clientele. Its innovative services and products make it the forerunners in the Sri Lankan insurance industry, carving a niche for it as the leader of ‘Takaful way”.