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HomeBusinessHNB General Insurance Named Most Awarded General Insurance Company 2024

HNB General Insurance Named Most Awarded General Insurance Company 2024

HNB General Insurance Named Most Awarded General Insurance Company 2024

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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 further cements the company’s position as an industry leader, highlighting its commitment to excellence, innovation, and customer-centric service.

Adding to its accolades, HNBGI recently received a significant credit rating upgrade, now rated ‘A(lka)’ by Fitch Ratings, up from ‘A-(lka)’. This upgrade reflects the company’s strong financial standing and its proven ability to navigate complex and challenging economic conditions. It also showcases HNBGI’s strategic approach to risk management, operational efficiency, and consistent delivery of strong financial performance, even amid external pressures. The rating boost enhances stakeholder confidence — including investors, policyholders, and partners — and affirms that HNBGI is not only resilient but also well-positioned for sustainable, long-term growth.

Sithumina Jayasundara, CEO of HNB General Insurance, stated:
“We are greatly honoured to be recognised 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 our customers are empowered to take on tomorrow with confidence.”

In addition to its comprehensive suite of general insurance products — including motor, medical, home, fire, marine, travel, and engineering insurance — HNBGI continues to lead with innovative, industry-first solutions. Notably, the company introduced parametric insurance for crops and livestock — a pioneering initiative designed to provide farmers with fast and effective support during times of need. This focus on innovation ensures HNBGI not only meets the evolving demands of its customers but also offers forward-thinking solutions that contribute to sustainable growth.

With a clear vision to become Sri Lanka’s most customer-centric general insurance provider by 2027, HNBGI continues to strengthen its market position through innovation, financial stability, and an unwavering commitment to service excellence. This latest recognition, along with ongoing product enhancements, reaffirms the company’s resolve to meet the dynamic needs of its customers and stakeholders, paving the way for continued success in the years ahead.

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