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» Coronavirus Updates
UAL.N0000 (Union Assurance PLC) EmptyToday at 9:36 am by The Invisible

» Thread for News on CSE and SL Economy
UAL.N0000 (Union Assurance PLC) EmptyYesterday at 5:21 pm by NIRMALSG

» Obituary Notice.
UAL.N0000 (Union Assurance PLC) EmptyYesterday at 12:51 pm by කිත්සිරි ද සිල්වා

» Access Engineering AEL Technical Analysis
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 30, 2020 11:00 am by HUNTER

»  6000 Post Club , Celebration of a Great Milestone, Slstock
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 30, 2020 9:35 am by slstock

» LIOC.N0000 (Lanka IOC PLC)
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 30, 2020 8:00 am by LSE

» How to get Access to: 104 Technical trading experiments by HUNTER
UAL.N0000 (Union Assurance PLC) EmptyMon Jun 29, 2020 9:35 am by nuwanmja

» Sri Lanka to monetize tens of billions of contractor bills
UAL.N0000 (Union Assurance PLC) EmptySun Jun 28, 2020 10:30 am by The Invisible

» CFVF - First Capital
UAL.N0000 (Union Assurance PLC) EmptySat Jun 27, 2020 10:22 pm by HUNTER

» RCL - Royal Ceramics
UAL.N0000 (Union Assurance PLC) EmptySat Jun 27, 2020 4:02 am by desh87

» Stocks - Banks Drag Wall Street Lower After Fed Buyback Ban; Dow Down 290
UAL.N0000 (Union Assurance PLC) EmptyFri Jun 26, 2020 11:35 pm by nihal123

» Sri Lanka plans US$4bn PPP for LRT in place of Japan funded soft-loan project
UAL.N0000 (Union Assurance PLC) EmptyThu Jun 25, 2020 8:57 pm by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 24, 2020 10:37 pm by seek

» JKH.N0000
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 24, 2020 9:33 pm by The Invisible

» Plantation sector updates
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 24, 2020 10:32 am by The Invisible

» Dividend Announcements
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 23, 2020 4:00 pm by Rana

» In the Meantime, Within Our Shores !
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 23, 2020 7:30 am by Rajapaksap

» LOLC Holdings
UAL.N0000 (Union Assurance PLC) EmptyMon Jun 22, 2020 3:40 pm by Rajapaksap

» Sri Lanka bank bad loans in March 2020 pick up to 5.1-pct
UAL.N0000 (Union Assurance PLC) EmptyMon Jun 22, 2020 12:50 pm by The Invisible

» The Central Bank of Sri Lanka Further Reduces the Statutory Reserve Ratio
UAL.N0000 (Union Assurance PLC) EmptyMon Jun 22, 2020 11:53 am by nihal123

» Sri Lanka tea prices pickup marginally mid June
UAL.N0000 (Union Assurance PLC) EmptySun Jun 21, 2020 8:11 pm by The Invisible

» කොළඹ කොටස් වෙළඳපොළ ඩිජිටල්කරණය කිරීමේ වැඩපිළිවෙල ඇරඹෙයි
UAL.N0000 (Union Assurance PLC) EmptySun Jun 21, 2020 12:55 pm by HUNTER

» Sri Lankans stock up, buy online in Covid-19 curfews, informal workers hard-hit: survey
UAL.N0000 (Union Assurance PLC) EmptySun Jun 21, 2020 9:34 am by The Invisible

» Sri Lanka chicken supplies to tighten after Covid-19 crisis, maize import controls
UAL.N0000 (Union Assurance PLC) EmptySun Jun 21, 2020 9:32 am by The Invisible

» S&P SL20 සමාගම් ලැයිස්තුවේ වෙනසක්.
UAL.N0000 (Union Assurance PLC) EmptySat Jun 20, 2020 7:56 am by slstock

» HNB රුපියල් බිලියන 5ක ණය යෝජනා ක‍්‍රමයක් දියත් කරයි
UAL.N0000 (Union Assurance PLC) EmptyFri Jun 19, 2020 10:47 pm by nihal123

» SAMP.N0000 (Sampath Bank PLC)
UAL.N0000 (Union Assurance PLC) EmptyFri Jun 19, 2020 1:08 pm by dakzsl

» HAYC - Haycarb
UAL.N0000 (Union Assurance PLC) EmptyFri Jun 19, 2020 12:04 pm by Rational Investor

» විශාලම ලැයිස්තුගත සමාගම් 50 විනිවිදභාවය පිළිබඳ වාර්තාවක් එළිදැක්වෙයි
UAL.N0000 (Union Assurance PLC) EmptyThu Jun 18, 2020 11:13 pm by nihal123

» HAYL.N0000 Hayleys PLC
UAL.N0000 (Union Assurance PLC) EmptyThu Jun 18, 2020 7:53 pm by NIRMALSG

» GLAS.N0000 (Piramal Glass Ceylon PLC)
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 17, 2020 12:29 pm by nuwanmja

» Sri Lanka bank forex funding pressures, bad loans to rise after Covid-19: Fitch
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 17, 2020 10:43 am by The Invisible

» Sri Lanka telecom regulator asked find businesses to use Lotus Tower
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 17, 2020 10:33 am by The Invisible

» Gota's Era
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 16, 2020 2:40 pm by puliyanam

» Fitch Revises Ratings on 11 Sri Lankan Financial
UAL.N0000 (Union Assurance PLC) EmptySat Jun 13, 2020 11:58 am by spw19721

» Carlton Sports Network to resume broadcasts soon – Rohan Welivita
UAL.N0000 (Union Assurance PLC) EmptyFri Jun 12, 2020 11:27 am by Rajapaksap

» සල්ලි අච්චු ගැසුවාද?
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 10, 2020 11:35 pm by nihal123

» වටිනා පාඩමක්!
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 10, 2020 9:58 pm by Backstage

» Sri Lanka’s General Election on August 05
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 10, 2020 3:08 pm by The Invisible

» Hayleys MGT
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 09, 2020 11:16 am by The Invisible

» AEL Access Engineering
UAL.N0000 (Union Assurance PLC) EmptyTue Jun 09, 2020 11:08 am by The Invisible

» Sri Lanka import controls, cargo bottleneck hit apparel exporters
UAL.N0000 (Union Assurance PLC) EmptyMon Jun 08, 2020 4:12 pm by The Invisible

» Sri Lanka tea prices ease lower, low growns drive May average to all time high
UAL.N0000 (Union Assurance PLC) EmptyMon Jun 08, 2020 8:47 am by slstock

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
UAL.N0000 (Union Assurance PLC) EmptySat Jun 06, 2020 3:05 pm by Antonym

» Sri Lanka makes trillion rupee mini-budget till August under Presidential powers
UAL.N0000 (Union Assurance PLC) EmptyFri Jun 05, 2020 10:48 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
UAL.N0000 (Union Assurance PLC) EmptyThu Jun 04, 2020 4:32 pm by Backstage

» LION.N0000 (Lion Brewery Ceylon PLC)
UAL.N0000 (Union Assurance PLC) EmptyThu Jun 04, 2020 2:21 pm by The Invisible

» කොටස්--වෙළෙඳපොළ--වැසුවාද
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 03, 2020 9:49 pm by nihal123

» විදෙස් ආයෝජකයින්ගේ උනන්දුව ඉහළට
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 03, 2020 7:38 pm by කිත්සිරි ද සිල්වා

» United Motors
UAL.N0000 (Union Assurance PLC) EmptyWed Jun 03, 2020 5:26 pm by The Invisible

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UAL.N0000 (Union Assurance PLC)

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UAL.N0000 (Union Assurance PLC) Empty UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:08 am

When I was writing about HNB Assurance two day ago I said, by that everyone is selling in a panic mode created by Capital Gain Tax. So no one is worried about analyzing individual shares.

Now I am writing about Union Assurance and by that time everyone is rushing to buy what they sold again in a herd mentality.

**************************************************************

As per regulator IBSL, insurance companies had to divide General and Life into two separate business units. This prompted certain Insurance companies to reconsider Life and General.

On 1st January 2015, the Company divested a 78% stake in its subsidiary Union Assurance General Limited to Farifax Asia Limited retaining 22% stake. The sale resulted in a capital gain or Rs 1.22 billion to the company.

Lucky they are to get such big Capital Gain before imposing tax.

So now UAL is purely a life insurance company.

Life Insurance industry comprised of 15 players and 2 of which are multi nationals. Nine out of that have been listed in CSE. The industry is dominated by 5 largest players sharing among them approximately 91% of total Funds Under Management and 81% of the market.


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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:11 am

Following is a comparison between the UAL and HASU being the 4th and 6th player of life insurance .

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:20 am

PAT of UAL , with special credit to Capital Gains..

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:22 am

UAL share was always trading at a higher value than Net Assets giving less chances for patient buyers..

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:23 am

Dividend was growing parallel to Earnings..

Growing Dividend is something rare where some companies maintain constant dividend amounts...

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:34 am

Dividend growth is a worthy cause to analyze than dividend yield for a person who want to hold for a long term. Not every share shows growing dividends...

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:35 am

PAT comparison

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by yellow knife on Thu Mar 10, 2016 11:39 am

Historical movement of share price

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by Senarath67 on Sun Sep 16, 2018 6:13 pm

Excellent,YK.You had seen the value more than two years ago.What happened the share price is history now.

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UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

Post by ruwan326 on Fri Aug 09, 2019 9:20 am

Financial Performance- Period ended 30 June 2019

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