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Amana Takaful Plc (Sri Lanka)

Main Activities: Insurance Carriers and Related Activities
Full name: Amana Takaful Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Amana Takaful PLC engages in life insurance businesses in Sri Lanka and Maldives. The company offers a range of general insurance products, including Total Drive, Travel Pal, My home, Fire Takaful, Business Cover, Easy Marine, and Navodaya. The company also provides medical takaful products comprising Hale & Hearty Young Minds, Hale & Hearty Young Adults, Hale & Hearty Easy, and Hale & Hearty, and family takaful products consisting of Education Plan, Takaful Secura, and Secura Gold, as well as Secura Platinum Plan. The products and services are offered to individuals and corporate clients. The company was founded in 1999 and is headquartered in Colombo, Sri Lanka. Amana Takaful PLC is a subsidiary of Amana Investments Limited.

Headquarters
No. 660-1/1, Galle Road
Colombo; Western Province; Postal Code: 03

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Website: http://www.takaful.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairman
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Chief Executive Officer
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Managing Director
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Outside Director
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Outside Director
Ownership Details
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26.13%
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15.16%
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14.98%
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14.96%
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13.26%
Subsidiaries
Amana Global Limited
100%
Amana Takaful Maldives Plc (Maldives)
55%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
41.93%
Operating profit (EBIT)
942.91%
Net Profit (Loss) for the Period
1440.94%
Total assets
35.2%
Investments
77.62%
Receivables
31.96%
Total equity
43.83%
Net Premiums Earned Trend
6.72%
Net Profit Trend
N/A
Return on Equity (ROE)
6.02%
Loss Ratio
13.31%
Underwriting Expenses Ratio
-10.05%

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