Based on the life fund earnings attributable to each policy, the dividends are credited to the applicable policy where they accrue further returns on a compounding basis. The Insurer had declared dividends of 7.9% in FY 2014 and 8% in FY 2015.
“Thanking our policyholders for placing their trust in Allianz Lanka, it gives me great pleasure to note that we have declared dividends of 8.5% for FY 2016. The steady growth in returns is a reflection of our strong fundamentals as well as our prudent investment strategy,” said Surekha Alles, Chief Executive Officer - Allianz Lanka. “We look forward to delivering greater value to all our stakeholders as we continue to strengthen our position as one of the strongest insurers in the market.”