Home insurance provides you with a financial protection in an event of disaster or an accident which involves your home.
- Protects your most valuable assets
For many, the home they live in is a valuable asset. A home insurance policy can make it possible to pay for the needed repairs. Damaged roofs, damaged walls or if you suffer a loss due to a fire, home insurance will provide you with financial protection.
- Protects from natural disasters
This could be every homeowner’s biggest nightmare. Taking up the expenses of repairing a damaged house is not the kind of burden you want to put yourself and family through. Detailed home insurance plan covers you during natural disasters such as floods, landslide and earth quakes. Therefore in order to reduce uncertainty taking a home insurance plan is the best option.
- Above all it proved a peace of mind
Getting your home insured will give you a luxury of peace of mind. Whether you own an apartment or a house, once you have selected your policy and paid your premium, protecting your property is no longer your responsibility but is the responsibility of the insurance company.
Taking the initial step to create awareness on the causes and prevention of cancer, HNB Assurance PLC (HNBA) held a workshop for its staff recently. This workshop was conducted by Dr. Suraj Perera, Board Certified Specialist in Community Medicine and Consultant Community Physician of the College of Community Physicians of Sri Lanka.
Sharing his thoughts Managing Director/CEO of HNBA and its fully owned subsidiary HNB General Insurance Limited, Mr. Deepthi Lokuarachchi stated “as a business sworn take care of our community, we believe that real protection and care truly begin with individuals taking care of themselves and leading a healthy lifestyle and thereafter by encouraging their families and friends to follow similar steps. In the backdrop of the launch of our Hope Cancer Insurance plan, we realized that a workshop of this nature will help in educating as well as in creating awareness firstly amongst our staff for the betterment of themselves and their families and as we believe that our staff would carry this message to the community as ambassadors of the brand”.
Sharing his views on the Cancer Insurance Plan, Chief Operating Officer Mr. Prasantha Fernando stated, “our lifestyles, health habits even hereditary conditions contribute to the development of a cancer and cancer can touch us all at any point in our lives despite our social strata. Hence, it is up to us as individuals to take necessary measures to protect ourselves. The cost of cancer treatment could often pose a threat to family savings and the financial foundation. Considering all these aspects, HNBA launched its Cancer Insurance Plan, ‘Hope’ with the primary objective of providing a ray of hope through financial protection to those individuals and families to overcome this dreaded disease”.
Speaking at the workshop Dr. Suraj Perera stated “this workshop was conducted with the aim of creating awareness on cancer and its prevention. Amongst many contributing factors for the development of a cancer, unhealthy dietary habits, smoking, consumption of alcohol and chewing of betel are identified as the top causes for cancer and it is important to communicate these to individuals as prevention with no doubt is better than cure. Workshops of this nature surely help in making a lasting influence amongst responsible individuals. And we believe that heightening people’s awareness on cancer and its precautions is the first step towards fighting cancer and will help in making a difference in their lifestyles which will ultimately have a positive impact on the wellbeing of our community”.
Here are six useful tips for driving in the rain.
Slow down: Always drive at a slower speed when the roads are wet. The faster you drive in a rainstorm, the more likely you are to have an accident.
Maintain a reasonable distance with your front vehicle: Slick, wet roads and reduced visibility can lead to crash or accident. Give other vehicles plenty of space and brake early with reduced force.
Don’t brake while hydroplane: Pushing breaks may cause your vehicle to go into a skid or spin. Take your foot off the gas pedal and keep the wheel straight until your car reclaims.
Don’t use your cell phone while driving: Especially in the rainy days you need to give your full attention to your driving and keep your eyes on the road.
Clear your windshield: Heavy rain can cause your windshield to quickly fog up. clear your windshield to maximize your visibility.
Avoid big puddles: If you see a big puddle drive around or take a different route.
HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) posted a Profit After Tax (PAT) of Rs. 910 Mn for the year ended 31st December 2017, depicting a steady growth of 41% in comparison with the PAT of Rs.647 Mn recorded in 2016. The Group recorded a Gross Written Premium (GWP) of Rs 7.82 Bn, signifying a growth of 17% as contrasted with the GWP of Rs. 6.65 Bn recorded in the financial year 2016. The Parent Company, HNB Assurance PLC recorded a GWP of Rs 3.96 Bn and the subsidiary, HNB General Insurance Limited recorded a GWP of Rs. 3.86 BN.
The Group was able to yield an Interest and Dividend Income of Rs. 1,693 Mn, showcasing a growth of 43% against an Interest and Dividend Income of Rs. 1,180 Mn achieved during the previous year. Total Assets of the Group reached a mark of Rs. 18.65 Bn and Investments in Financial Instruments reached a value of Rs 15.05 Bn. During the course of 2017, the Life Insurance Fund reached a value of Rs. 10.9 Bn and the General Insurance Fund reached a value of Rs 2.38 Bn.
Expressing her views on the solid financial performance during the year under review, Chairperson of HNB Assurance Group, Mrs. Rose Cooray stated “the Group delivered a superlative financial performance during the course of 2017, depicting a steady flow of revenue generation and accelerating progress towards achieving our corporate goals during 2017. The Management guided by the Board has meticulously executed a well-crafted plan that focused on creating value to all stakeholders. Not only have we been able to fulfil the aspirations of the shareholders, the Group paid out Rs 2.29 Bn in claims and have focused on rewarding its employees, while contributing towards society through various corporate stewardship initiatives and we are confident that this growth we’ve embarked on will continue during 2018”.
Sharing his thoughts on the Group’s financial performance, Managing Director/CEO of HNBA and HNBGI Mr. Deepthi Lokuarachchi stated “the strategies deployed during the course of 2017 led the Group capture emerging and dynamic markets. The Group was able to maintain its solid industry position throughout the course of 2017, despite the volatile macro-economic conditions and heightened competition. The financial growth of HNBA Group in 2017 has been consistent throughout the year. The positive growth momentum of these financial results was triggered by the strategic investments of the Group and the dynamic policies followed in underwriting risk. The General Insurance business showcased an exponential growth during the course of 2017, surpassing the growth rates of the industry. HNBGI was able to achieve this outstanding growth as a result of its well-focused risk selection, effective management of claims settlement as well as its pricing strategy. It is noteworthy, that both the Life and General Insurance businesses took great measures in settling claims, especially claims pertaining to catastrophes such as floods and epidemics such as Dengue. The Management of HNBA Group remains confident of its future outlook and in seizing every opportunity to further consolidate the Group’s financial standing”.
Here are some effective interview tips to face a job interview successfully.
Carry out a background study and conduct an in-depth research about the employer. Know about the industry, the macro and mic conditions acting upon the industry. The more research you conduct, the more you’ll understand the employer, and the better you’ll be able to answer interview questions
- Prepare effective responses for common interview question:
This is another effective way to prepare for an interview. Identify common questions related tot he job as well as the industry. Prepare for questions from and individual interviewer as well as a panel.
The first impression matter. Select a dress code which reflects your personality. Be mindful of the colors, designs and other elements of the dress code
Be at the given location at least 15 minutes prior to the allocated time. This will help you to relax and be ready for the interview.
- Be authentic and confident:
Be focused on the questions and answer with confidence. The key to success is the quality and delivery of your responses. Provide solid examples of your accomplishments and your strengths.
HNB General Insurance Limited (HNBGI) a fully owned subsidiary of HNB Assurance PLC (HNBA) announced the appointment of Jude Benjamin as its Chief Business Officer for Personal Lines and Branch Network.
A professional with a charismatic and a dynamic personality and a product of St. Thomas’ College, Mount Lavinia, Jude holds expertise of over two decades in Marketing including, brand building, marketing communications, business development, event management as well as broker development.
Prior to the appointment of HNBGI, Jude has held many Senior Managerial positions. At his last position, Jude served Orient Insurance Limited as the Senior Vice President for Distribution and Marketing for a span of five years, prior to which he functioned as the Assistant Vice President, Marketing of American International Group (AIG). He has led many initiatives in developing distribution initiatives as well as strategizing operations and setting up and monitoring distributions channels. In addition, Jude has served Asian Alliance Insurance as the Head of Marketing for a period of two years and Union Assurance PLC as the Manager for Broker Networking for a period of six years.
The festive season is filled with happiness and celebration. Stay safe on the road and make this season more memorable. Here are some useful tips to keep in mind.
- Don’t drink and drive – Drunk driving is a major contributory factor to road accidents and road deaths. Plan ahead alternative transportation modes to travel during the season.
- Control the speed – Watch out for the speed on the road. Do not attempt to exceed the maximum speed limit on a given route.
- Wear your seat belt – Always buckle up. Wearing your seat belt can reduce your risk during a crash. Make sure the passengers are buckled into appropriate safety seats.
- Obey road rules –Always obey the rules of the road. Stay within the speed limits at all times.
- Carry an Emergency Kit – An emergency kit should include items that would come in handy if you are stranded on the side of the road or involved in a vehicle accident.