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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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yellow knife
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    HASU.N0000 (HNB ASSURANCE PLC)

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    Post by yellow knife Tue Mar 06, 2018 9:20 am

    Share is trading at an attractive levels.

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    Post by pjrngroup Tue Mar 06, 2018 12:52 pm

    Thanks YK.
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    Post by Ethical Trader Tue Mar 06, 2018 5:27 pm

    Thanks YK.
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    Post by yellow knife Thu Apr 18, 2019 9:30 am

    2018

    HNB Assurance is smoothly improving in its Revenue.

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    Post by yellow knife Thu Apr 18, 2019 9:39 am

    PAT has grown by 126% in the year to record 2,705 Millions.

    This includes
    1.One Off surplus of 381 Million
    2. 1,200 Million Defferred Asset Tax recognized in respect of brought forward tax losses.

    Thus PAT as well as other indicators like ROE shows a bloated picture.

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    Post by yellow knife Thu Apr 18, 2019 10:12 am

    When market price of a share going up substantially and without fitting to a predictable pattern, (other than TA patterns) one should dig into facts.

    Is this sudden appreciation take place due to one off event or a sustainable event? If its due to one off event like Kegalle declaring a massive dividend out of its Reserves then buyer have to beware.

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    Post by yellow knife Thu Apr 18, 2019 10:24 am

    EPS of the company is improving. Life Insurance sector grows at 12% per annum and we can expect such a reasonable growth to continue.

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    Post by yellow knife Thu Apr 18, 2019 10:32 am

    HASU is a company where dividend keeps growing.

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    Post by Ethical Trader Thu Apr 18, 2019 6:05 pm

    Thanks.
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    Post by ruwan326 Sun Jul 21, 2019 6:59 am

    HNB Assurance celebrates S&P SL 20 entry

    21 July, 2019

    HNB Assurance PLC rang the opening bell at the Colombo Stock Exchange (CSE) on Friday to celebrate the inclusion of HNB Assurance PLC in the S&P SL20 Index following the 2019 mid-year index review.

    Chairperson Rose Cooray, Managing Director/CEO Deepthi Lokuarachchi, Director Dr. Sivakumar Selliah, Chief Operating Officer Prasantha Fernando and Board Secretary Sitari Jayasundara of HNB Assurance were present while the CSE was represented by Chairman Ray Abeywardena, Director Shanil Fernando, CEO Rajeeva Bandaranaike and the senior management of the Exchange.

    CEO of CSE, Rajeeva Bandaranaike said, “A public listing alone is often considered as a milestone in a company’s lifecycle. Inclusion in an index that features the leading stocks listed on any exchange around the world is an achievement. HNB Assurance PLC joins an exclusive group of companies that are among the top 20 companies in terms of market liquidity and frequency of trading at the exchange.”

    Managing Director/CEO of HNB Assurance PLC and HNB General Limited Deepthi Lokuarachchi said, “As a company we are a strong outfit organizing and mobilizing all our resources and giving the maximum shareholder value and value creation to them. We are committed to growing our business, and continue to be a very strong stock for our shareholders.”

    The S&P SL 20 index has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS®), which was co-developed by S&P Dow Jones Indices and MSCI and is widely used by market participants throughout the world.

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    Post by The Invisible Sun Jul 21, 2019 11:22 am

    I see strong financial KPIs in HASU forms a section of my portfolio too
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    Post by The Invisible Mon Jul 22, 2019 9:06 am

    Sri Lanka's HNB Assurance eyes 15-pct premium growth in 2019

    Jul 21, 2019 11:23 AM GMT+0530 | 0 Comment(s)


    ECONOMYNEXT - Sri Lanka's HNB Assurance is expecting planning write business of 15 percent in the year to March 2019 around 9.5 billion rupees, with restrictions on vehicle imports relaxed, though economic conditions were weak, officials said.

    Chief Executive Deepthi Lokuarachchi said the firm expected 15-16 percent premium growth in 2019 with first quarter revenue increase outstripping industry growth.

    "Market conditions are hard at the moment with disposable incomes coming down," Lokuarachchi said.

    "Both our general and life businesses have grown faster than the market rate of growth in the first quarter."

    "Our life Insurance company has recorded 17 percent revenue growth. General business had recorded 11 percent whereas the market rate is much lower than that."

    According to Insurance Commission of Sri Lanka data gross premium growth in life was 9.64-pct in March quarter and general insurance was 2.79-pct.

    Gross written premium grew 14 percent to 2.49 billion rupees in the March quarter but profits fell to 132 million rupees from 681 million rupees (earnings of 2.38 rupees per share) a year earlier, as benefits and claims spiked 45 percent to 937 million rupees.

    Lokuarachchi said a higher volume of life maturities contributed to the spike in claims and benefits.

    Lokuarachchi said the HNB Assurance stayed out of a general price war in the insurance.

    Some companies were writing business simply to fund expenses, without taking into account the actual risks, but HNB Assurance had avoided, he said.

    Though HNB was not making large under-writing profits but was just about breaking even with a combined ratio of around 100.

    Insurance involved selling a promise and people expected stability, he said. He said a survey showed that HNB Assurance pricing was behind only one insurer.

    Chairperson Rose Cooray said the HNB brand helped the firm. The firm also had a presence at some HNB branches.

    Cooray said the relaxation of import credit restrictions by the government on motor vehicles would help general insurance sector in 2019.

    Motor is 63 percent of the general insurance in Sri Lanka.

    Sri Lanka was hit by monetary instability in 2018 as the central bank printed money to bring down rates, accommodate, maturing swaps and repay bonds, de-stabilizing a soft-peg with the US dollar analysts have said.

    Car imports were restricted by the central bank, and banks bought bonds from fleeing foreign bond investors instead. Analysts have called for reform or abolition of the soft-peg which had generated instability in the country from shortly after independence from British rule.

    But monetary instability has ended in 2019 and interest rates are coming down.

    Lokuarachchi said insurers were also hit by higher tax rates under a new inland revenue law. (Colombo/July20/2019)

      Current date/time is Wed Jul 24, 2024 1:56 am