Ceylinco Insurance Maldives declares 70 percent interim dividend

Ajith Gunawardena

The Maldives subsidiary of Ceylinco Insurance PLC recently declared an interim dividend of 70 percent for its shareholders for the year 2009.

Deputy Chairman of Ceylinco Insurance Co (Pvt) Ltd Ajith Gunawardena said that he was extremely pleased with the success. "Against a backdrop of worldwide recession that has seen companies struggle for survival, the outstanding results by Maldives Ceylinco Insurance Co reflects the company's significant performance and commitment to customer satisfaction."

Gunawardena said, "The majority shares of the Maldives subsidiary is owned by Ceylinco Insurance PLC.