75, Kumaran Ratnam Road
Colombo
Sri Lanka
www.eagle.com.lk
No. employees: 780
Turnover: 134.05 (US$m)
Financial year end: December
Company Overview
Eagle Insurance Company Ltd. (EICL) is a Life and General Insurance company. The company underwrites all classes of insurance business. Its parent company is Aviva NDB Finance Lanka (Private) Ltd. EICL product portfolio offers a flexible array of life, non-life, fund management and mutual funds catering to the needs of individual and corporate. The company is headquartered in Colombo, Sri Lanka and employs 3,270 people. In August 2007, EICL and Sampath Bank announced the release of their Bancassurance partnership. Through this strategic alliance, a broad range of financial solutions will be made available to the Bank’s clients. This financial solution will include an array of Life and General insurance products. The company recorded revenues of LKR 5,684.86 million during the fiscal year ended December 2007, an increase of 23.6% over 2006. The operating profit of the company was LKR 356.47 million during the fiscal year 2007, an increase of 11.8% over 2006. The net profit of the company was LKR 527.08 million during the fiscal year 2007, an increase of 0.7% over 2006.