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Softlogic Life grows 25% in 2020 to Rs 15 6 bn; PAT Rs 1 5 bn

Softlogic Life grows 25% in 2020 to Rs 15 6 bn; PAT Rs 1 5 bn
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Sri lankaSri lankanIftikar ahamedAshok pathirageSoftlogic life insuranceSoftlogic lifeGross written premiumManaging directorஸ்ரீ லங்காஸ்ரீ லங்கன்மொத்த எழுதப்பட்டது ப்ரீமியம்நிர்வகித்தல் இயக்குனர்

Sri Lanka Insurance, market leader of General Insurance sector

Sri Lanka Insurance, market leader of General Insurance sector
dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.

Sri lankaMinistry of educationSri lanka insuranceLanka insuranceGeneral insuranceGross written premiumSri lanka insurance motorSri lanka insurance general sectorஸ்ரீ லங்காஅமைச்சகம் ஆஃப் கல்விஸ்ரீ லங்கா காப்பீடுலங்கா காப்பீடுஜநரல் காப்பீடுமொத்த எழுதப்பட்டது ப்ரீமியம்ஸ்ரீ லங்கா காப்பீடு மோட்டார்ஸ்ரீ லங்கா காப்பீடு ஜநரல் துறை

Softlogic Life grew 25-pct in 2020 to Rs 15 6Bn; PAT Rs 1 5Bn

Softlogic Life announced that despite all the difficulties associated with a thoroughly disrupted COVID year 2020, the Company grew revenues to record Gross Written Premium (GWP) of Rs. 15.6 billion, an increase of 25% making it the fastest Company to that mark. The strong growth follows a similar 25% growth that was achieved by the Company in the previous year when the economy was badly impacted by the Easter attacks in 2019. The Company is proud to note its contribution to increasing insurance penetration in the country with 265,617 policies issued during the year 2020, 33% of total industry that cover all segments of society. One in every three

Sri lankaSri lankanIftikar ahamedAshok pathirageSoftlogic capitalSoftlogic life insuranceSoftlogic groupFinancial servicesSoftlogic lifeGross written premiumLife insuranceSubordinated debtManaging directorSri lanka business newsSri lanka finance newsLanka business online

Why the Genworth (ASX:GMA) share price is tumbling 6% today

Why the Genworth (ASX:GMA) share price is tumbling 6% today Gretchen Kennedy | February 12, 2021 12:07pm | More on: Image source: Getty Images Genworth Mortgage Insurance Australia Ltd(ASX: GMA) shares are tumbling lower today after the company released its financial results for the full year ending 31 December 2020 (FY20). At the time of writing, the Genworth share price has fallen 5.65% lower to $2.67. Why is the Genworth share price sinking? The Genworth share price is on the slide today after the business reported an underlying net loss after tax of $104.3 million for FY20. This compares to a $97 million net profit after tax during FY19.

Scott phillipsGenworth mortgage insurance australia ltdGenworth chief executive officerManaging director ms pauline blight johnstonGross written premiumMotley fool share advisorஸ்காட் பிலிப்ஸ்ஜென்வொர்த் அடமானம் காப்பீடு ஆஸ்திரேலியா லிமிடெட்ஜென்வொர்த் தலைமை நிர்வாகி அதிகாரிநிர்வகித்தல் இயக்குனர் செல்வி பாலீந் ப்ளைட்டின் ஜான்ஸ்டன்மொத்த எழுதப்பட்டது ப்ரீமியம்

Chola Financial posts 6% increase in Q3 profit

Chola Financial posts 6% increase in Q3 profit Updated: Updated: Total income climbs 7% to ₹3,645 cr. Share Article Total income climbs 7% to ₹3,645 cr. Cholamandalam Financial Holdings Ltd. (CFHL) reported a 6% increase in its consolidated net profit for the third quarter ended December to ₹455 crore. Total income rose 7% to ₹3,645 crore. However, on a standalone basis, CFHL reported a loss of ₹3.48 crore compared with a net profit of ₹39.36 crore a year earlier due to interest costs recognised on the borrowing made for ‘equity investment in a subsidiary company’, it said in a regulatory filing. Cholamandalam Investment & Finance Co. Ltd. disbursed ₹7,926 crore compared with ₹7,475 crore and posted a net profit of ₹409 crore (₹389 crore). Assets under management grew 15% to ₹75,813 crore.

Cholamandalam financial holdings ltdCholamandalam ms risk services ltdInsurance coCholamandalam investment finance coCholamandalam financial holdingsGross written premiumசோலமண்டலம் நிதி ஹோல்டிங்ஸ் லிமிடெட்சோலமண்டலம் செல்வி ஆபத்து சேவைகள் லிமிடெட்காப்பீடு இணைசோலமண்டலம் முதலீடு நிதி இணைசோலமண்டலம் நிதி ஹோல்டிங்ஸ்மொத்த எழுதப்பட்டது ப்ரீமியம்

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