Thursday, 10 April 2014

Company Fact Sheet: Ceylinco Insurance PLC - CINS:N0000 & CINS:X0000

About the company:

Established: 1987                    Quoted Date: 1988-04-21              Sector: Banks finance & Insurance

Ceylinco Insurance PLC is a Sri Lanka-based insurance company. The Company's principal activities are underwriting all classes of general insurance, Life Insurance, Management of Investment, Health Care Operations, Education and Power Generation. The Company operates in seven segments: Life Insurance, non-life insurance, Healthcare, Male Foreign operations, Education, Power generation and Other. The life insurance segment offers a range of whole life, term assurance, unitised pensions, guaranteed pensions, pure endowment pensions and mortgage endowment products. The non-life insurance segment comprises of products namely motor, fire, engineering, marine, employers' liability and miscellaneous. Healthcare segment includes: Healthcare center for Cancer Screening, Radiation Treatment units and Diabetes Center. Male Foreign operations offers non-life products in Maldives. Education segment includes primary, secondary, high education courses through various subsidiary companies.


Chairman: Mr J.G.P. Perera 

Managing Director/Chief Executive Officer - General Insurance: Mr A.R. Gunawardena

Managing Director/Chief Executive Officer - Life Insurance: Mr R. Renganathan

Board of Directors:
Mr H.D.K.P. Alwis 
Dr W.C.J. Alwis 
Mr P.D.M. Cooray 
Mr P.A. Jayawardena 
Mr N.D. Nugawela 
Mr T.N.M. Peiris 
Mr E.T.L. Ranasinghe 
Mr D.W.P. Upali Mr P.M.B. Fernando
Mr 
K.I. Dharmawardena  (Non Executive Independent Director)
Mr D.H.J. Gunawardena  (Non Executive Independent Director)
Gen C.S. Weerasooriya (Retd)  (Non Executive Independent Director)
Mr S.R. Abeynayake (Executive Director)


Voting:
52 Weeks Low: 800.50                                                                52 Weeks High: 1,499.80
Average Trading Volume: 383

Non-Voting:
52 Weeks Low: 320.00                                                                52 Weeks High: 490.00
Average Trading Volume: 6,260

Company Financial at a glance:
Click Table to Enlarge

Notes:
1. 4,200,000 Ordinary Shares of the Company were allotted on 14th September 2000, pursuant to a 1:2 Rights Issue @ Rs. 15.00.
2. 1,260,000 Ordinary Shares of the Company were allotted on 25th October 2000, pursuant to a 1:10 Bonus Issue.
3. 2,772,000 Ordinary Shares of the Company were allotted on 27th March 2002, pursuant to a 1:5 Bonus Issue.
4. 3,326,400 Ordinary Shares of the Company were allotted on 30th March 2004, pursuant to a 1:5 Bonus Issue.
5. On 14/08/2008 6,414,480 Non - Voting Shares were listed by way of public offering at the price of Rs. 175.00.

Total Voting shares in Issue: 20,000,000
Total Non - Voting shares in Issue: 6,414,480

Top 20 Shareholders as at 31/12/2013
Voting:

Percentage of public holding as at 31st December 2013 was 37.67%

The percentage of Foreign Holding as at 31st March 2014 was 10.91%

Non Voting:

Percentage of public holding as at 31st December 2013 was 43.28%


The percentage of Foreign Holding as at 31st March 2014 was 35.97%

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