Tag Archives: Sri Lankan life insurance industry

Allianz strengthens its presence in the Sri Lankan life insurance industry with the acquisition of Janashakthi General Insurance Limited

Allianz, the global financial services leader, announced that it has entered into an agreement with Janashakthi Insurance PLC (“JINS”) to acquire 100 percent of its subsidiary Janashakthi General Insurance Limited (“JGIL”) for 16.4 billion Sri Lankan rupees (85.9 million euros).  … Read the full press release