Amana Takaful Insurance GWP increases by 28% year-on-year

Amana Takaful Insurance PLC (General) celebrates another year of remarkable growth, marking its third consecutive year as one of the fastest-growing insurance company achieving a staggering 28% year-on-year increase in Gross Written Premiums (GWP) in 2023, propelling its revenues to an impressive LKR 4.29 billion during the review period.

This extraordinary growth spanned across diverse segments, showcasing the company’s robust performance and strategic acumen. Notably, the motor segment witnessed a 29% surge, totaling LKR 2.13 billion, while the non-motor and health segments experienced substantial growth rates of 21% (LKR 1.40 billion) and 40% (LKR 750 million) respectively.

These achievements underscore not only the company’s financial strength but also its steadfast commitment to meeting the evolving needs of its diverse customer base.

Managing Director at Amana Takaful Insurance PLC, Hassan Kassim, remarked,

“Our remarkable growth underscores our commitment to strategic planning, service excellence, and innovative business practices. The significant increases across motor, non-motor, and health segments last year are clear indicators of our unwavering dedication to excellence.”

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