The Sunday Leader

Ceylinco Life opens New Green Branch In Horana

Ceylinco Life has formally declared open itsnew branch building in Horana, purpose-built to the new eco-friendly model developed by the companyfor branches constructed on company-owned land.

The new two-storeybuilding of 5,870 square feet occupies a prime location on the Horana – Panadura Road. It has provision to expand to four storeys, is designed for optimal use of natural light and is entirely solar powered. The building is also equipped with the latest energy efficient lighting and air conditioning systems and has a facility for rainwater harvesting.

Ceylinco Life recently opened a similarly designed larger branch building in Panadura as part of the company’s steadily-progressing plan to convert as many branches as possible to sustainable energy.

Among Ceylinco Life’s branch buildings designed to the new environment-friendly model are those at Wennappuwa, Trincolmalee, Bandarawela, Panadura and Horana.The company also owns the buildings housing its offices in Anuradhapura, Jaffna, Batticaloa, Kandy, Kalutara, Kurunegala, Gampaha, Galle, Matara, Tissamaharama, Negombo, Ratnapura, Kotahena and Mount Lavinia, and some of them have been converted to solar energy.

Ceylinco Life’s head office building at Havelock Road, Colombo 5 has also broken new ground in the sphere of eco-friendly operations with the installation of the biggest solar electricity system in the city of Colombo to date, with an investment of Rs 13.7 million to generate 63.18kW.

The company operates the largest network of 250 branches in Sri Lanka’s life insurance industry, giving it a physical presence in 142 cities, towns and villages in every one of the island’s 25 districts.

The market leader in Sri Lanka’s life insurance sector since 2004, Ceylinco Life has close to a million lives covered by active policies. The company is acknowledged as the benchmark for innovation in the local insurance industry for its work in product research and development, customer service, professional development and corporate social responsibility.



  • Sri Lanka Insurance

Felicitates High Flyers Of G.C.E (A/L), G.C.E (O/L) And Grade Five Scholarship Examination

Colombo: 15th November 2016: Sri Lanka Insurance scholarship scheme awards ceremony was held today at the Nelum Pokuna Theatre. Over 300 scholarships were awarded to achievers from 25 districts who applied for the Suba Pathum scholarship. The unique scholarship scheme was launched in 2013 June in an effort to nurture an academically sound generation. This is the third batch of students who were awarded scholarships under the scheme. A total of 307 students hailing from all corners of the country received financial scholarships today.

There were over 1,000 participants at the event with students, their parents and school principals.

The top four students from each district who excelled at the grade five scholarship scheme received Rs. 20,000 as a lump sum while the top four district level ranking students of the G.C.E (O/L) received a lump sum of Rs. 40,000 each. The top 100 students who excelled at national level at the G.C.E (A/L) examination comprising 25 top ranking students each from the streams Bioscience, Mathematics, Commerce and Arts received a lump sum of Rs. 50,000 each. If the student’s parents or guardian is a Sri Lanka Insurance Life Policy Holder, the benefit will be offered for a continuous period as an annual payment until the child faces the next national level examination. Eligible students should apply for the Sri Lanka Insurance Suba Pathum scholarship scheme to receive the scholarship.

The Suba Pathum scheme has benefited over 300 students each year from the time it was launched by SLIC in 2013; this is the third time the awards ceremony was held. The scheme is one of the most beneficial of such schemes in the industry, with the total value of the scholarships presented annually being over Rs. 18 million.

Sri Lanka Insurance has been in the forefront of spearheading projects that develop the children of Sri Lanka from its inception and is constantly striving to uplift and enhance the environment within which it operates and has taken a conscious effort to include sustainability reporting in to its balance sheet. The company believes in nurturing the younger generation of this country with the aim to develop a generation of academically and physically sound Sri Lankans.



Call To Donate By Sri Lanka Insurance, An Outstanding Success

Colombo, 23rd November 2016:  The Call to Donate campaign, launched by Sri Lanka Insurance on November 1, has become an outstanding success, attracting over 500,000 missed calls within the short space of two weeks, long before its deadline of November 30.

This has enabled Sri Lanka Insurance to reach over 500,000 people to engage in this noble cause by taking a few minutes of their time to spread compassion. In return, it will make a donation of five million rupees to the National Cancer Institute, Maharagama towards a much-needed CRRT machine.  “The overwhelming response for Call to Donate shows that it has managed to attract the attention of the public, creating a wave of support and awareness about the needs of the Cancer Institute and the patients receiving treatment there,” a spokesperson for Sri Lanka Insurance said.

The Call to Donate project used the novel mechanism of a ‘missed call’ to get public involvement for the project.

People could give a missed call to the number ‘1357’ and for every such missed call, SLI donates Rs. 10 towards the Cancer Hospital. The caller doesn’t have to make a financial contribution.

The beneficiary of the project would be the children’s ward of the Cancer Hospital. “A team of doctors from the National Cancer Institute including its Senior Consultant in Clinical Oncology Dr. Damayanthi Pieris, who is also President of the Sri Lanka College of Oncologists, and Dr. Deepal Perera, Consultant Paediatrician had identified the needs of the Cancer Hospital. Accordingly, one of the most vital necessities was a CRRT (Continuous Renal Replacement Therapy) Machine which will support critical cancer patients with their kidney functions. Therefore, we decided to donate a CRRT machine and essential medicines,” the spokesperson said.

The first Call to Donate campaign, which was introduced by Sri Lanka Insurance in November last year, attracted 350,000 missed calls, enabling SLI to donate Rs. 3.5 million towards the Cancer Hospital. Its success prompted the organisation to expand it further to 500,000 calls during this second phase. SLI donated a CPAP machine worth Rs. 775,000, prosthetic limbs worth Rs. 1.8 million, and much-needed medication for cancer patients during the first phase. The CPAP (Continuous Positive Airway Pressure) machine allows cancer patients suffering from sleep apnea to breathe easier during sleep. The Cancer Hospital wasn’t equipped with such a machine earlier.


For further information, please call Indunil Thenuwara on 0768077271



 BOC Triple Wasi Season 3

Win 3 Times Your Remitted Money During This Season

Win three times your hard earned money as it is remitted through the Bank of Ceylon this festive season with “Triple Wasi Season 3”. The Bank conducted Triple Wasi 1st and 2nd draws successfully reward 75 lucky winners. Now for the 3rd Season 50 lucky winners will win three times the money they remit through BOC up to a maximum of Rs100,000/-.

The grand draw of Season 2 was recently held in Kurunegala with the patronage of the Bank’s General Manager Mr.D.M Gunasekera, Deputy General Manager Treasury, International and Investment Mr. S.M.S.C. Jayasuriya, Deputy General manager Sales and Channel Management Mr.Senerath Bandara, Assistant General Manager International Mr.S.M.W Samarakoon, Assistant General Manager North Western Province Mr. Priyal Silva, Assistant General Manager Marketing Mr.S.W. Thilakarathne, other members of the corporate and executive management and other officials were present at the event. Customers who are sending remittances could win up to 3 times the amount remitted by them, in addition to what they have remitted through BOC “Triple Wasi” promotion. With the bank’s foreign correspondent network consisting of over 750 correspondent banks and over 101 exchange houses around the world, customers can remit money to Sri Lanka speedily, more securely and conveniently to their loved ones or to their own accounts. Customers who receive foreign remittances through the Bank of Ceylon enjoy the privilege of obtaining money through any of the 627 BOC branches or at any of BOC’s 635 ATMs located across the country. Customers who receive remittances to their foreign or local currency accounts or simply receive money over the counter through a secret PIN number, are all entitled for “Triple wasi Season 3” draw. BOC’s Head Office Personal branch at Colombo Fort is kept open 24 X 7 to provide uninterrupted banking services for Customers.

Remittances sent during October 1st to December 31st 2016 will be entitled for the “Triple Wasi Season 3-final draw”. The Bank disburses a total sum of Rs.12.5 Million among 125 winners during three draws. Each winner will receive the equivalent of a maximum of Rs.100,000/- in Sri Lankan Rupees. Customers will stand more chances of winning by sending multiple remittances through Bank of Ceylon.

Other than the Bank’s own BOC Smart-remit system, customers can send money through SWIFT, Money Gram, Ez-Remit, Xpressmoney, Ria, Prabhu money and Sigue to any BOC account, to any other bank account or simply to obtain cash over the counter. “As a part of the Bank’s digital transformation process the bank has upgraded its system so that all remittances received for BOC accounts will be credited to the account real-time and other bank remittances will be forwarded to respective banks immediately. Enhancing customer convenience the bank also notifies the recipient of the money through an SMS alert as soon as the money is received by the bank” stated Mr. Sarath Jayasuriya Deputy General Manager Treasury, International and Investment.




Enjoy  BOC’s Big Seasonal Discounts In Town With Bank Of Ceylon Cards.

The Bank of Ceylon brings all its Debit and Credit Card holders the best discounts in town to enjoy shopping with their loved ones during this season. It is the time people celebrate with their families and friends, exchanging gifts to share the joy of the season. Now with special discounts from BOC, cardholders can do shopping and treat themselves and their loved ones while worrying less about their wallet.  The No.1 Bank in Sri Lanka has partnered with many popular merchants to give attractive discounts to BOC Card holders. Those offerings discounts including clothes and footwear sellers, electrical appliance merchants, child care products merchants, popular holiday resorts, mobile phone vendors, wellness centers, healthcare providers and insurance firms.

Very popular shopping centers are among these merchants, to name a few – Spring and Summer, House of Fashions, Coolplanet, signature, Adidas, Shirtworks, Fashion Bug, Hameedias, Choice park, Kumarans, Panthera styles and Rich Look Fashion. Many favorite holiday destinations such as Aliya, Kithala, Malu Malu, Wild trails and many more are offering exciting discounts to BOC Card holders. Apart from mainstream shopping destinations online shopping vendors, and are also with BOC this season.

Understanding your life style, BOC Credit Card center has arranged an array of benefits along with the BOC credit card. It offers a free life insurance cover or permanent total disability cover (Gold Card- Rs.100,000/-, Classic Card Rs.50,000/-), insurance cover during air travel (up to USD250,000/- for platinum card holders), Emergency hospitalization limit enhancement facility, 50% cash advance  on availability of a credit limit once a month at any ATM, 52 days (maximum) interest free credit, supplementary card for 3rd party with a flexible limit, free SMS alert facility, easy installment plans at any merchant network up to 24 months, speedy credit evaluation for government servants, BOC customers, easy bill payment facilities and 24 hour customer care centre.




  • 12th Annual International Conference

Microinsurance Goes To The Very Heart And Purpose Of Our Business

The Cinnamon Grand in Colombo seemed extra alive over the past few days as Sri Lanka hosted the 12th International Microinsurance Conference. From the 15th to the 17th of November, more than 400 insurers from over 50 countries and Sri Lanka gatheredto share their views and ideas on the topic of insurance and the development of microinsurance.

Initiated in 2005 by the Munich Re Foundation and the Microinsurance Network, the purpose of the conference lies in providing insurers, re-insurers, insurance/re-insurance brokers, micro credit agents, insurance regulators, international donor agencies as well as organizations like the World Bank Group and ILO, from all over the globe with a suitable platform to meet, share ideas and experience while learning new and innovative methods to further develop the concept of microinsurance in their own countries. As Mr. Thomas Loster, the Chairman of the Munich Re Foundation stated at the opening ceremony, “We are devoted to aiding those most vulnerable, the poor”.

The opening ceremony took place at 2.00 pm on the 15th of November in the Oak Room of the Cinnamon Grand with the Honorable Minister of Finance, Mr. Ravi Karunanayake taking on the role of Chief Guest and the Chairperson of the IBSL, Mrs. IndraniSugathadasa attending as Guest of Honor.  Stepping up to the microphone Mr. Dirk Perera, the President of the IASL expressed his absolute pleasure to welcome the gathering to the conference as according to him, “Microinsurance goes to the very heart and purpose of our business”. Mr. Perera also thanked the Munich Re Foundation and the Microinsurance Network for the confidence they have shown by selecting the IASL to host the International MicroinsuranceConference for the year 2016 and for the support both organizations have rendered in the organization of the prestigious event.

Addressing the gathering, Mr. Loster graciously thanked and acknowledged the contributions made by the IASL since the inception of the conference and stated that he was confident that the Sri Lankan insurance industry was ready to take on a leading role in the global insurance market. The Chairman went on to thank the Microinsurance Network for their support in the endeavor. “Insuring the poor against climate change is one of the matters for which this conference is striving to find solutions,” added Mr. Loster. Mr. Michael McCord, the President of the Microinsurance Network stated that the conference had already proven to be most exciting.

Compiled by Visal de Soysa


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