About Union Assurance PLC
Union Assurance PLC is a leading provider of life insurance solutions in Sri Lanka, catering to both individual and corporate clients. Established in 1987 and headquartered in Colombo, the company operates under two primary segments:
- Policyholder Fund
- Shareholder Fund
Products & Services
The company offers a diverse range of insurance products, including:
- Investment-linked insurance plans
- Protection and retirement solutions
- Education and health insurance
- Group life insurance policies
Additionally, Union Assurance PLC is involved in reinsurance activities, further strengthening its market presence.
Corporate Structure
Union Assurance PLC operates as a subsidiary of John Keells Holdings PLC, a prominent conglomerate in Sri Lanka.