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Union Assurance
Union Assurance PLC is an insurance company in Sri Lanka. Union Assurance was founded in 1987 and was listed on the Colombo Stock Exchange in the following year. In 2009, John Keells Holdings acquired a controlling stake in the company. The company divested its general insurance business to Fairfirst Insurance and focused on life insurance in 2015. The company was a constituent of Forbes Asia's ''Best Under a Billion'' list in 2018. Union Assurance is one of the ''LMD'' 100 companies in Sri Lanka. The company is also one of the 100 most valuable brands in Sri Lanka. History Union Assurance was founded in 1987 by Aitken Spence, Carson Cumberbatch, Mercantile Credit and Whittall Boustead. The company commenced operations and was listed on the Colombo Stock Exchange in the following year. Union Assurance entered the market when the Government of Sri Lanka ended the government monopoly of the insurance sector with the enactment of the Control of Insurance Act No. 42 of 1986. Sri Lank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-life Insurance
General insurance or non-life insurance policy, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in the United States and Canada and non-life insurance in Continental Europe. In the United Kingdom, insurance is broadly divided into three areas: personal lines, commercial lines and London market. The London market insures large commercial risks such as supermarkets, football players, corporation risks, and other very specific risks. It consists of a number of insurers, reinsurers, P&I Clubs, brokers and other companies that are typically physically located in the City of London. Lloyd's of London is a big participant in this market. The London market also participates in personal lines and commercial lines, domestic and foreign, through reinsurance. Commercial l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manulife China Bank Life Assurance Corporation
Manulife China Bank Life Assurance Corporation (MCBLife) is a joint venture company set up between the China Banking Corporation (China Bank) and Manulife Philippines, a wholly owned subsidiary of the Canadian company Manulife Financial, one of the leading life insurance companies in the world. Incorporated on 23 March 2007, MCBLife provides insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ... and financial products through the many China Bank outlets in the Philippines. External linksManulife China Bank Life Assurance Corporation Official website of MCBL information from Manulife FinancialBloomberg Businessweek report Financial services companies established in 2007 Insurance companies of the Philippines Financial services companies of the Philippines Companies based i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upali Newspapers
Upali Newspapers (Private) Limited (UNL) is a Sri Lankan media company which publishes a number of national newspapers and magazines. UNL was founded by Upali Wijewardene, nephew of media mogul D. R. Wijewardena. Upali Wijewardene started publishing two Sunday newspapers, ''Sunday Island (Sri Lanka), Sunday Island'' and ''Divaina Irida Sangrahaya'', in 1981. The two newspapers' daily counterparts - ''Divaina'' and ''The Island (Sri Lanka), The Island'' - started in 1982. Upali Wijewardene died in a mysterious air accident on 13 February 1983 and control of his newspapers passed to his widow Lakmini, and her father Sivali Ratwatte, brother of Sri Lanka Freedom Party, SLFP leader Sirimavo Bandaranaike. UNL also publishes ''Bindu'', ''Navaliya'', ''Randiwa'' and ''Vidusara''. References Upali Newspapers, Privately held companies of Sri Lanka {{SriLanka-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Island (Sri Lanka)
''The Island'' is a daily English-language newspaper in Sri Lanka Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, .... It is published by Upali Newspapers. A sister newspaper of '' Divaina'', ''The Island'' was established in 1981. Its Sunday edition, ''Sunday Island'', commenced publishing in 1991. The daily newspaper currently has a circulation of 70,000 and its Sunday edition, 103,000 per issue. Upali Wijewardene was its founder. Its political leaning is pro- Sri Lanka Freedom Party. See also * List of newspapers in Sri Lanka References External links * Daily newspapers published in Sri Lanka English-language newspapers published in Sri Lanka Newspapers established in 1981 Upali Newspapers {{SriLanka-newspaper-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Sri Lanka
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole".Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bancassurance
Bancassurance is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank's customers. In this partnership, bank staff and tellers become the point of sale and point of contact for the customer. Bank staff are advised and supported by the insurance company through wholesale product information, marketing campaigns and sales training. The bank and the insurance company share the commission. Insurance policies are processed and administered by the insurance company. This partnership arrangement can be profitable for both companies. Banks can earn additional revenue by selling the insurance products, while insurance companies are able to expand their customer base without having to expand their sales forces or pay commissions to insurance agents or brokers. Bancassurance has proved to be an effective distribution channel in a number of countries in Europe, Latin America, Asia, and Australia. Description ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brand Valuation
Brand valuation is the process of estimating the total financial value of a brand. A conflict of interest exists if those who value a brand were also involved in its creation. The ISO 10668 standard specifies six key requirements for the process of valuing brands, which are transparency, validity, reliability, sufficiency, objectivity; and financial, behavioral, and legal parameters. Brand valuation is distinct from brand equity. Brand value Traditional marketing methods examine the price/value relationship in terms of dollars paid. Some marketers believe customers perceive the value to mean the lowest price. While this may be true for standardized commercial products, some branding techniques are moving beyond this evaluation. Brand valuation emerged in the 1980s. Early pioneers in brand valuations included the British branding agency, Interbrand, led by John Murphy and Michael Birkin, which is credited with leading the concept's development. Millward Brown was also a leadin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LMD (magazine)
''LMD'', formerly known as ''Lanka Monthly Digest'', is an English language Sri Lankan business magazine. Media Services (Pvt) Ltd owns the magazine, and was first issued in August 1994. The magazine is available in print and Online magazine, online versions. Hiran Hewavisenti is the magazine's editor-in-chief. ''LMD'' derives its revenue from advertising and subscription fees. Monthly Print circulation, circulation is about 5,000 while monthly readership is around 30,000-40,000. The magazine has a subscriber base of about 1,800. ''Living'' and ''Discover Sri Lanka'' are the sister publications of the magazine. Compiled lists and indices ''LMD'' compiles and publishes popular company listings, rankings and indices. ''LMD'' 100 Dubbed "Sri Lanka's Fortune 500, ''Fortune'' 500." The magazine has been publishing the ''LMD'' 100 since the 1994/95 fiscal year. The latest edition, the 29th edition of ''LMD'' 100 was published for the fiscal year 2021/2022 in 2023. Sri Lankan conglomer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Positioning (marketing)
Positioning refers to the place that a brand occupies in the minds of customers and how it is distinguished from the products of the competitors. It is different from the concept of brand awareness. In order to position products or brands, companies may emphasize the distinguishing features of their brand (what it is, what it does and how, etc.) or they may try to create a suitable image (inexpensive or premium, utilitarian or luxurious, entry-level or high-end, etc.) through the marketing mix. Once a brand has achieved a strong position, it can become difficult to reposition it. To effectively position a brand and create a lasting brand memory, brands need to be able to connect to consumers in an authentic way, creating a brand persona usually helps build this sort of connection. Positioning is one of the most powerful marketing concepts. Originally, positioning focused on the product and with Al Ries and Jack Trout grew to include building a product's reputation and ranking among ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes Asia
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the ''Forbes'' 400), of 30 notable people under the age of 30 (the ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the ''Forbes'' Global 2000), of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
