Amana Takaful General Insurance records significant growth in Q1 - News Summed Up

Amana Takaful General Insurance records significant growth in Q1


Amana Takaful Insurance, announces its performance in the General Insurance sector for the first quarter of 2021 to have recorded a 27% YoY growth in Gross Written Premium (GWP), the industry dipstick for insurance sales performance. CEO of Amana Takaful Insurance (General) Mr Shehan Feisal, elaborating on the company’s Q1 performance said: “I am pleased to announce that Amana Takaful Insurance is among the leaders of Sri Lanka’s insurance sector in the First Quarter of 2021. Its largest non-motor insurance growth segment was Marine Insurance, growing at a staggering 69% compared to 2020. Amana Insurance’s Fire & Engineering Insurance was the second largest growth area in Q1-2021, growing by 38% while Medical Insurance grew by 35%. The growth in Motor Insurance was also recorded at 19%; one of the highest growth percentages among industry peers.


Source: The Nation June 01, 2021 12:04 UTC



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