Ceylinco Life honoured as an Outstanding Corporate at LMD’s 30th anniversary gala

November, 1, 2024

Ceylinco Life has been honoured as one of Sri Lanka’s 25 outstanding corporates by the country’s premier business magazine LMD.

The award was presented at the glamorous black-tie 30th anniversary gala of the magazine in recognition of Ceylinco Life’s consistent presence among the top-ranked companies in LMD’s different annual rankings over the past three decades.

Most recently, Ceylinco Insurance topped the Insurance category in LMD’s ‘Most Respected Entities in Sri Lanka’ ranking for 2024, and also topped the magazine’s ‘Movers and Shakers’ list for moving up a remarkable 35 places on the overall ranking, from 52nd in 2023 to 17th in 2024.

“Consistency amidst volatility is possibly one of the most important strengths in the financial services sector, and our leading positions in the multifaceted LMD rankings provide an excellent illustration of that strength,” Ceylinco Life Managing Director/CEO Mr Thushara Ranasinghe commented. “We attribute this strength to our unrelenting efforts to build and maintain financial stability through an unwavering focus on the fundamentals of our business and our core values.”

Among the LMD rankings in which Ceylinco Life and its parent company have consistently held high positions are ‘Brands Annual’ – which ranks Sri Lanka’s most loved brands; the ‘LMD 100’ – which ranks Sri Lanka’s leading listed companies; the ‘Most Respected’ – where Sri Lanka’s most respected entities are ranked; the ‘Most Awarded’ – which ranks leading business establishments based on recognition received via awards and accolades; and the LMD Customer Excellence rankings.

Adjudged Sri Lanka’s Brand of the Year for the second successive year in 2023, Ceylinco Life was also named one of the 10 Most Admired Companies in Sri Lanka in 2023 by the International Chamber of Commerce Sri Lanka (ICCSL) and the Chartered Institute of Management Accountants (CIMA) and was ranked the ‘Most Valuable Insurance Brand in Sri Lanka’ across both life and general insurance categories in 2023 by Brand Finance.

Ceylinco Life has been the country’s leading life insurer for 20 of the 36 years it has been in existence and provides innovative life insurance solutions which offer protection while de-risking the goals and ambitions of the Company’s policyholders.

Photo caption: (Above) Ceylinco Life Managing Director/CEO Mr Thushara Ranasinghe accepts the ‘Outstanding Corporate’ award and (Below) Ceylinco Life Chairman Mr R. Renganathan and Mr Ranasinghe receive the ‘Most Respected Entities’ award from LMD