Union Assurance

Union Assurance PLC
Company typePublic
CSE: UAL.N0000
ISINLK0179N00008
IndustryInsurance
FoundedJanuary 8, 1987 (1987-01-08)
Headquarters,
Sri Lanka
Number of locations
85 (2023)
Key people
Revenue LKR29.958 billion (2023)
LKR4.944 billion (2023)
LKR3.758 billion (2023)
AUM LKR83.420 billion (2023)
Total assets LKR95.670 billion (2023)
Total equity LKR24.161 billion (2023)
Number of employees
780 (2023)
ParentJohn Keells Holdings
Websiteunionassurance.com
Footnotes / references

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.