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LOLC LIFE ASSURANCE UNVEILS A NEW PARADIGM IN HEALTHCARE WITH HEALTH MAXX
LOLC Life Assurance proudly introduces Health Maxx, Sri Lanka’s most comprehensive and innovative health insurance plan, designed to set an exceptional standard in healthcare coverage. With a remarkable coverage limit of Rs. 100 million and 20 flexible plans, Health Maxx offers unparalleled financial security whether in Sri Lanka, across Asia, or globally (excluding the USA and Canada). Specifically tailored for individuals aged 18 to 65, this gr...
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SRI LANKA BREAKS GROUND FOR US$ 120 MN MARINA AT PORT CITY TO BOOST TOURISM
Sri Lanka took a major step toward its tourism ambitions with the kickoff of the Marina development at Port City Colombo, a project set to transform the island into a luxury travel hotspot in South Asia.With a target of three million visitors and US$ 5 billion in revenue by 2025, The Marina is expected to boost the economy by creating thousands of jobs, attracting foreign investment, and putting Sri Lanka firmly on the global tourism map, officia...
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LOLC'S GLOBAL IT CONFERENCE UNITES 20+ NATIONS
LOLC Technologies, the technological arm of LOLC Group, Sri Lanka’s largest and most diversified conglomerate, reaffirmed its leadership in technological innovation with the successful conclusion of its second Global IT Conference. Held virtually over two days, the event themed “AI and Digital for Business” participated over 100 technology leaders from more than 20 countries across Asia and Africa, highlighting the Group's commitment to leveragin...
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LOLC INSURANCE ARM SURGES AHEAD WITH RECORD-BREAKING PERFORMANCE IN Q3 2024
LOLC Insurance arm continues to strengthen their position in Sri Lanka's insurance industry, achieving impressive cumulative growth up to Q3 2024. LOLC Life Assurance recorded an impressive 56% cumulative growth in Gross Written Premiums (GWP) compared to the same period last year, marking the highest growth rate in the industry. This achievement is driven by customer-focused strategies and innovative offerings, including the E-Proposal Platform...
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LOLC AL-FALAAH VOTED BEST ISLAMIC LEASING PROVIDER AT THE IFN GLOBAL POLL 2024
LOLC Al-Falaah, the alternate financing unit of LOLC Finance, has once again cemented its legacy as a trailblazer in the Islamic finance landscape by being voted the “Best Islamic Leasing Provider (Global)” in the IFN Non-Banking Financial Institutions Poll 2024. This marks the third time in four years that Al-Falaah has achieved this No.1 position in this global accolade, underscoring its excellence as the most preferred alternate financial serv...
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LOLC GENERAL AND LIFE SECURE TOP SPOTS IN CUSTOMER EXCELLENCE
LOLC General Insurance and LOLC Life Assurance have secured top positions in the latest LMD rankings, earning recognition as the second and third best service providers in the General and Life Insurance categories, respectively. This remarkable achievement emphasizes LOLC Insurance’s firm commitment to delivering superior customer service and innovative solutions, reaffirming its leadership in Sri Lanka’s insurance industry. For LOLC Insurance,...
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LOLC FINANCE REPORTS LKR 8.1 BILLION PAT IN 1H 2024
LOLC Finance PLC has announced outstanding financial results for the six months ending 30th September 2024, marking a strong first half of profitability and growth. The company achieved a Profit After Tax (PAT) of Rs. 8.1 billion, a significant 46% increase compared to the Rs. 5.6 billion reported during the same period in 2023. This robust performance emphasizes LOLC Finance’s strength and resilience within a dynamic financial landscape. Key fi...
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