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Union Assurance receives accolades for CSR and Financial Reporting at the CA Sri Lanka Annual Report Awards 2018

The Chartered Accountants of Sri Lanka (CASri Lanka) recently concluded its 54th Annual Report Awards Ceremony to crown the best annual reports across all sectors of the Sri Lankan economy. The competitionrecognised and awarded organisations that produced the most cohesive, clear and customized annual reports that best reflects an entity’s operations, whilst going beyond their statutory boundaries of reporting and promoting transparency, accountability and good governance.

UA Team receiving the Gold Award for Corporate Social Responsibility Reporting
UA Team receiving the Silver Award for Financial Reporting (Insurance Category)

Union Assurance (UA)was able to bag the Gold Award for Corporate Social Responsibility Reporting. This award will be an ideal reflection of the efforts delivered to the communities in Sri Lankaby Union Manushyathwaya - CSR Platform of Union Assurance which is strongly focused on disseminating vital information to the public on adopting preventive measures against thalassemia, dengue, and diabetes. In addition, the company conducts multiple activities towards protecting the environment including saving water, recycling materials, controlling paper usage etc.

The 2017 annual reportwas also awarded a Silver Award in the Insurance Category for Best Financial Reporting, further cementing UA’s reputation for governance and transparency.

General Manager – Finance & Planning of Union Assurance PLC, Ms.Asha Perera commenting on UA’s achievements expressed that, “First and foremost, we dedicate these awards to all our stakeholders who have been an integral part of the success of Union Assurance. These awards are a truereflection of the Company’s emphasis on building trustworthy relationships and its efforts towards serving the communities in Sri Lanka.These achievements will further motivate the entire UA team to focus on delivering transparency, good governance andexcellence in the years ahead as well.”

Anchored by a team of experienced and dynamic professionals, UA is backed by a strong capital base and reinsurance partnerships with highly rated global reinsurers. Celebrating over 30 years of excellence, Union Assurance continues to invest in people, products and processes to create life changing partnerships for all stakeholders.