HNB Life PLC recently hosted its Partnership Awards 2026, recognising and celebrating the outstanding contributions of its Bancassurance and Alternate Channel Officers, whose efforts played a key role in driving the Company’s strong performance during 2025.
The year was marked by significant growth across new business, renewals, fee income, investments and group life, highlighting the increasing contribution of the Partnership Channel to HNB Life’s overall growth journey.
The Partnership Channel recorded Gross Written Premium (GWP) of Rs. 10.4 billion, representing growth of 58%, while New Business Premium (NBP) reached Rs. 2.3 billion, also reflecting a 58% increase. Renewal business grew by an impressive 47% to Rs. 4.2 billion, demonstrating the strength and depth of the customer relationships built through the channel.
Further strengthening its performance, the Alternate Channel contributed Rs. 2.2 billion in GWP, accounting for 21% of the Partnership Channel’s total business volume.
These achievements underline the growing importance of the Partnership Channel within HNB Life’s broader business strategy and reflect the strong relationships the Company has developed with its extensive network of banking and broker partners.
Commenting on the achievements, HNB Life PLC Executive Director and Chief Executive Officer Lasitha Wimalaratne said, “2025 was truly a defining year for our Partnership Channel, and I am extremely proud and delighted to see the tremendous progress it has made. It is encouraging to see the channel evolve from strength to strength, playing an increasingly important role in driving our growth and reaching more customers.”
HNB Life PLC Executive Vice President and Chief Business Officer Sanesh Fernando said the success of the Partnership Channel was built on strong collaboration and partnerships.
ACL Cables’ FireGuard Secures SLSI Certification for Purple Standard Compliance
ACL Cables PLC, one of Sri Lanka’s leading cable manufacturers, has been granted a Sri Lanka Standards Institution (SLSI) permit to use the SLS Certification Mark for its flagship FireGuard range of flame-retardant electric cables.
The certification has been awarded under SLS 733 Part 2:2025, covering electric cables for voltages up to and including 300/500V, including PVC-insulated and PVC-sheathed flame-retardant cables. The achievement validates ACL’s continued commitment to safety and quality, with the company becoming the first cable manufacturer in Sri Lanka to receive certification under the standard.
The milestone further strengthens ACL’s Purple Standard, an industry benchmark established through its FireGuard range and identified by its distinctive purple cable sheath. Over the years, the Purple Standard has become associated with flame-retardant performance, consumer confidence and regulatory compliance in Sri Lanka.
By securing the SLS Certification Mark, ACL has reinforced the evolution of the Purple Standard from a pioneering manufacturer-led innovation into a nationally validated benchmark for fire safety and protection.
For more than two decades, ACL FireGuard has set a benchmark for advanced fire safety in flame-retardant cables. With Sri Lanka now formalising a national standard for the category, the company continues to focus on advancing safety, performance and industry expectations.
As a pioneer of flame-retardant cables in Sri Lanka, ACL had been manufacturing FireGuard products to comparable performance standards for over 20 years before the latest SLS certification formally recognised the category.
ACL introduced the FireGuard innovation more than two decades ago, well before fire safety standards for such products were formally mandated or regulated. What began as a voluntary commitment to developing safer electrical cables has since helped reshape industry expectations and contribute to the wider focus on fire safety.
HNB Life Celebrates a Landmark Year for Its Partnership Channel at Partnership Awards
