Union Assurance PLC (UAL.N0000) : Company Profile and SWOT Analysis
Timetric's "Union Assurance PLC (UAL.N0000) : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers & acquisitions, recent developments, key employees, company locations and subsidiaries, employee biographies as well as competitive benchmarking data.
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Examines and identifies key information and issues about "Union Assurance PLC" for business intelligence requirements.
Studies and presents the company's strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported.
Provides data on company financial performance and competitive benchmarking.
The profile also contains information on business operations, company history, major products and services, key employees, and locations and subsidiaries.
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Union Assurance PLC (Union Assurance), a subsidiary of John Keells Holdings PLC, is an insurance company. The company provides a range of life insurance products and services to individual and business customers. The company operates its non-life insurance business. It offers personal insurance products such as, life investment and protection insurance, personal accident insurance, investment and retirement insurance, child education insurance and health insurance. The company offers these products through its branches, agents, brokers, bancassurance agreements and through direct sale network in Sri Lanka. Union Assurance is headquartered in Colombo, Sri Lanka.
Union Assurance reported gross written premium (GWP) of LKR8,271 million during the fiscal year ended December 2016 (FY2016), representing an increase of 18.8% over FY2015. Its net earned premium was LKR7,847 million in FY2016, representing an annual increase of 18.9% over FY2015.