Company Information

Get to know Union Assurance

Established in 1987, Union Assurance PLC is a premier Life Insurance provider in Sri Lanka and a key member of the John Keells Group, the country's largest listed conglomerate. The company is dedicated to offering comprehensive life insurance solutions tailored to the needs of the Sri Lankan people, with a mission to empower them to achieve their life goals with financial security. It is listed on the Colombo Stock Exchange and is recognized for its strong financial stability, digital innovation, and customer-centric approach to insurance.

Industry

Financial InsurancePRIMARY
Financial Wealth Management

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Union Assurance

Sri Lanka

Founded in

1987 (39 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.