Union Assurance has declared a 12% Universal Life Dividend for the financial year 2024. This rate exceeds the Minimum Guaranteed Dividend of 10% for the year, underscoring the Company’s steadfast commitment to delivering exceptional value to its customers.
Union Assurance’s consistent ability to exceed expectations and offer industry-leading dividend rates highlights its strong financial performance, reinforces its position as a trusted industry leader and sets the stage for continued growth and stability in the year ahead.
Union Assurance’s Chief Executive Officer, Senath Jayatilake said, “The 12% Universal Life Dividend for the financial year 2024 is just one example of how we consistently exceeded expectations, offering value not only through superior dividends but also through our customer-centric approach, robust financial strategies and long-term vision.”
The Company’s Chief Financial Officer, Himani Weerasekera said, “We are delighted by the declared Universal Life Dividend for the financial year 2024, which reflects our continued strong financial performance and commitment to delivering value to our customers.
“This is a result of our disciplined approach to financial management, prudent investment strategies and effective risk management practices. These efforts ensure that Union Assurance remains financially resilient,” he said.
