About Union Assurance Plc 
Union Assurance Plc
Insurance
Union Assurance PLC is a Sri Lanka-based provider of life insurance solutions. The Company offers a range of insurance solutions and services under various categories, such as Investment, Protection, Retirement, Education and Health. The Investment category includes solutions, such as Union Life Advantage, Union Super Investor, Union Single Premium Advantage, Union Jayamaga, Union Jayamaga Plus and Union Super Benefit. The Protection category includes solutions, such as Union Life Advantage and Union Loan Protector. The Retirement solutions include Union Challenger and Union Life Advantage. Its Education solutions include Union Sisumaga and Union Life Advantage. The Health solutions include Union Life Advantage. It provides various benefits under the Protection category, such as Accidental Death Benefit, Family Income Benefit, Funeral Expenses Benefit, Spouse Rider Benefit and Waiver of Premium.
Company Coordinates 
Company Details
Union Assurance Centre, 20,St. Michael's Road, Colombo 3 COLOMBO None : 3
Registrar Details
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Management
Designation
Mr. Krishan Balendra
Non-Executive Chairman of the Board
Mr. Daminda Gamlath
Non-Executive Non-Independent Director
Suresh Rajendra
Non-Executive Director
Mr. Stephen Appleyard
Non-Executive Independent Director
Warnage Malinga Arsakularatne
Non-Executive Independent Director
Revenue and Profits:
Net Sales:
(Quarterly Results - Mar 2025)
Net Profit:
516 Million
Insurance
LKR 44,196 Million (Large Cap)
13.00
NA
0.13%
-999,999.00
18.08%
2.14






