Amãna Takaful Insurance (ATI) in the second quarter has recorded an 18% Year-on-Year (YoY) sales growth – the highest second quarter YoY growth performance among the top 10 general insurance companies in Sri Lanka. ATI Head of Corporate Strategy Rajitha Obeysekera, elaborating on the company’s Q2 performance said: “ATI had recorded a significant growth during the first quarter of 2021, with a strong 27% YoY growth. The continued momentum to witness an 18% sales growth in Q2 is of paramount importance, since nationally, the general insurance market has been on the decline due to the Covid-19-induced difficulties. Its largest non-motor insurance growth in Q2 was marine Insurance, growing at 74% YoY for Q2. Non-motor insurance overall grew by 30%, while motor insurance grew by 8% YoY for the second quarter – both segments above industry growth averages.

Source: The Nation September 01, 2021 18:56 UTC