HNB Assurance PLC is a Sri Lanka-based Life Insurance solutions provider for both individual and corporate customers. The Company's Insurance solutions covers Protection, Endowment, Health, Retirement and Savings needs of the customers. The Company operates through two segments: Life Insurance and General Insurance. Life insurance segment comprises a wide range of term assurance, guaranteed pensions, endowment products and annuity products. It provides protection and other long-term insurance contracts both with and without discretionary participating features. General insurance segment comprises of Motor and Non-motor segments. The non-motor segment consists of Fire, Accident and Liability, Marine and Workmen Compensation. It provides general insurance contracts to individuals and businesses which are Short-Term in nature. The Company has approximately 64 branches.
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