Amana Takaful sees improved GWP

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Amana Takaful Insurance, recently posted handsome financials and growth for Q1 of 2022, recording a rapid YoY growth of 42% with a total Gross Written Premium (GWP) revenue of LKR 889 million within the quarter.

It must be further highlighted that this 42% YoY growth for Q1-2022, is on top of the 27% growth gained by Amana Insurance in Q1-2021.

In Q1-2022, the GWP for motor insurance rose by a 50%, while non-motor GWPs also noted a 34% growth during the period. In the non-motor category, Medical, Marine, and Fire & Engineering insurance delivered GWP growths of 47%, 18% and 12% respectively.