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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)

SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)

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Beta1


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This is good share to collect 40 or below

nosf76677


Stock Analytic
Stock Analytic

FACTS, not random rumours please - people already seeing what has happened to JINS!!!

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics

[size=50]Softlogic Life wins top award at Sri Lanka’s Effies 2019
Sunday September 8, 2019 19:23:28
SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Softlogic-effie-lg-700x394

ECONOMYNEXT – Softlogic Life Insurance Plc, has won the gold award for ‘brand of the year’ at the 2019 Effie Advertising awards in Sri Lanka.



Beating some of the leading brands in the country, Softlogic Life won the ‘Brand of the Year’ award for



The award was won by the firm’s ‘Leda Leda’ campaign, which the firm said had helped change the perception of insurance in the country.



Kavi Rajapaksha, Head of Marketing at Softlogic Life, said, “We are thrilled to win this coveted award within just three years of launching our brand. From the inception, we have been keen on driving the higher purpose of enhancing the quality of Sri Lankan lives versus just marketing products or services.



“We were brave enough to go against accepted industry norms and produce positive, relevant, engaging communication instead of the usual negative, fear mongering commercials – to inspire people to live happy, healthy lives,” Kavi Rajapaksha, Head of Marketing at Softlogic Life said in a statement.



“We are very happy to lead this much needed change in the way the life insurance industry communicated and engaged the public. This is a true testament to the fact that when you pursue excellence, success follows.”



Softlogic Life also won two Gold awards in ‘David vs Goliath’ and ‘Insurance’ categories, the Silver award in ‘Use of Influencers’ category and two Finalists awards in ‘Corporate Reputation’ and ‘Media Partnership’ categories.
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Only 10 gold awards have been give since Effie Awards started in Sri Lanka, the firm said.



“A three-year-old life insurance brand winning not only five awards, which included two Golds, but the prestigious ‘Brand of the Year’ award at the Effies is an unprecedented achievement for all of us at Softlofgic Life,” Softlogic Life Managing Director Iftikar Ahamed said.



The Effie Awards was launched by the Sri Lanka Institute of Marketing (SLIM) in 2008 in collaboration with the Global Effies. (Colombo/Sept08/2019)

179SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Thu Sep 12, 2019 10:40 am

nosf76677


Stock Analytic
Stock Analytic

When will you ever stop promoting this share???? JINS also - what is relation to CFVF????  CFVF owned by Janashakti PLC - PARENT company not Janashakhthi INSURANCE! Dont confuse investors!!! Speak the truth

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics

I think AAIC is the lowest level again. Do the best investment than trading!!!!

Next Quarter will be the best above 1500m and see how it moves soon.

Its revenue will be higher than we think.

181SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty AAIC - Profit over one billion!!!!! Tue Sep 17, 2019 7:36 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

TIME TO COUNT PROFIT AND WAIT AND SEE.

All the ar best and you will see over 16 EPS in AAIC.


Time to enjoy now. ALL AAIC will be the best investment and completely risk free!!!!

Now AAIC has become the 3rd place and its GWP is 5831 million. So this will be the best company to invest....!!!

Now someone is trying to collect shares showing a selling pressure.  So what to talk.


Good luck to alll!!!!!

182SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Wed Sep 18, 2019 11:17 am

nuwanmja

nuwanmja
Senior Equity Analytic
Senior Equity Analytic

when this guy stop promoting this confused

KOLAA


Stock Trader

Aiyo Salli, Okkotama one quike money. No logics.

Teller

Teller
Moderator
Moderator

@wisdom, if you publish same thing even different wary, remember no value on it..

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Before trading try to have a good portfolio, AAIC it the best to buy at this level for it.

Good luck.

AAIC is the best profitable share at this level.

So what to promote. Better to invest and wait!!!!

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

With the profit, AAIC has it will reach above 55 soo.

AAIC touched 50 level without 2 billion profit, now they have clearly revealed 2b last two quarters and only one more week to show their 3rd quarter.

Their revenue is being carried out at the moment. AAIC will be the giant within two more years.

Good luck!!!!

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Now AAIC revaluation has become above 15.44 EPS. So I believe AAIC will be above 55 soon.

I think you have missed the best investment!!!!

188SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Wed Sep 25, 2019 12:15 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

AAIC is at the best place!!!

189SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Mon Oct 07, 2019 7:20 am

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Forbes will bear evidence. Target will be above 80 soon. 

Invest at the best place!!!!!!

[size=48]Softlogic Life only Lankan company in Forbes’ Asia’s Best Under A Billion 2019
[/size]


Sri Lanka’s fastest-growing life insurer Softlogic Life as made it to the Forbes Asia’s Best Under A Billion 2019 list, a business ranking which spotlights Asia’s 200 top-performing listed companies with less than $ 1 billion in revenue with consistent top- and bottom-line growth. Softlogic Life is the only company in Sri Lanka and one of the only two insurance companies in the Asian region to achieve this momentous feat.  
[size=17]
Forbes shortlisted Softlogic Life from 1,400 finalists, which was based on a universe of 19,000 candidates, for passing their criteria for profitability, growth and modest indebtedness. Softlogic Life was placed in the final 200 for producing the highest sales and earnings per share growth for both the most recent fiscal year and the last three-year period, as well as the strongest one- and a five-year average return on equity. 

During the last financial year, Softlogic Life executed yet another superlative financial performance by achieving its highest-ever top line and bottom line. In the previous five years, the company has consistently doubled its market share and reached 12.5% at the end of 2018 and a revenue growth of 33% compared to the average industry growth of 12%. By consistently delivering outstanding financial results, Softlogic life has earned the distinction of being the fastest to cross the milestone of recording GWP (Gross Written premium) of Rs. 10 billion within just 19 years of operation. Softlogic Life recorded a compound annual growth of 35% over the last five years against an industry figure of 16% reflecting the efficacy of their systems, processes and people.

Commenting on Softlogic Life’s world-class recognition, Chairman Ashok Pathirage said, “It is indeed a great pride to be included in this year’s Best Under A Billion 2019 by Forbes, which places us among the most respected organisations in Asia. The company’s ability to grow at more than double the industry growth and our efforts in the industry as a leading innovator to harness the power of technology to uplift our processes to deliver speed, efficiency and convenience to our valuable customers have been recognised by Forbes. This is a testament to all the hard work we have put towards excelling in all fronts for years.”  

“We have been able to introduce a new ethos in the market by giving a new face to life insurance to help our customers live their lives to the fullest. The company has been constantly embracing disruptive and creative innovations to offer a plethora of digital-first initiatives to elevate the standards of Sri Lanka by bringing together world-class solutions that enhance the quality of life of customers while becoming the most preferred, proactive Life insurance provider. We are well set for a record-breaking journey ahead, as we have already laid a solid foundation with proven business strategies to sustain the present rapid growth momentum,” Pathirage further commented. 

Forbes’ Annual Best Under A Billion list spotlights 200 small and midsized publicly listed enterprises in the Asia-Pacific region with sales under $1 billion and a track record of strong earnings growth. These companies posted more than 50% average growth in annual net profit and sales in their latest financial year, to a combined $10 billion and $54 billion, respectively.

Softlogic Life Insurance PLC is a subsidiary of Softlogic Capital PLC and is part of the Softlogic Group, which is recognised as one of Sri Lanka’s most diversified and fastest-growing conglomerates with interests in Healthcare, Retail, ICT, Leisure, Automobiles and Financial Services. Significant stakeholders in the company include global investors; DEG and Leapfrog Investments.
[/size]

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

ALL are moving. Who sold AAIC? I think now AAIC will move up.

Sometimes we can expect 1.50 dividend, too in this month!!!

Tomorrow AAIC will start moving up after the deal!!!!

Good to enter below 40!!!!!

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

I have a good theory. While trading have some shares like Pins, AINs, JINS, AAIC, you will see they are moving up day by day without knowingly.

You can have a good trading and your portfolio will be only green.

AAIC Eps is 9.65, and only profit can be seen.

Soon AAIC will pass 50 and will be very attractive in BULL market.

So you better have some in your portfolio.......!!!!!

September Quater might be above 5b profit.........!!!!!!!

Good luck!!!!!

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

softlogic eken asiri hospital walata hamba karala denna gemak gahanawada manda?? if claims up asiri will if claims down softlogic life will win. ultimately shok pathirage will have money in his pocket. Very Happy

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

AAIC is going to be the giant in insurance sector. It has a huge profit and as a result it will move up than all expect, so best to collect now.

First quarter 744m, second quarter 1208m and 3rd will pass all and reach above 3b soon.

EPS is 9.65, NEV is 19++

Feels its much value but end of this year they will reach above 50+++++

194SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Wed Oct 23, 2019 10:32 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Very Happy

195SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty Re: SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) Wed Oct 23, 2019 11:15 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

In a falling economy health insurance is the lowest priority. People need food and shelter, smoke and drink. Survive.
I would prefer food manufacturers, Property developers, telecom companies and finally Hospitals for survival.

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

AAIC is the best of all the insurance companies. It is still at the same place. I think coming report is the best. So better to buy now!!!!!!

abey


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

AINS............

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Now all the insurance sector must move up. AINS is at the top level now. See the next report. 

Insurance shares are moving up day by day!!!!!!!!

You will get a dividend, too.

Invest and wait!!!!!

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics

AAIC hasnt got any attention yet ?? Bit surprising. This share was trading at 50 few Months back. Superbly managed Company. Even Holding Company (scap) is remaining at same price with lot of profits accumulated. If any reason, low net assets (19) could be a reason, just a  Matter of time .....................

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

It has a method to move up. ALL the insurance sector is at the lowest level.

They must show a huge profit above 3b in the coming report. So now it must start its moving now. Revenue is over 8b and you will see them all afet a few days.

They sometimes offer a dividend about 1.50 next month.

No any insurance company dares AAIC now. It has grabbed everything at the moment. 

I can confirm AAIC reach above 60 by January.

So now you can see its moving up day by day!!!!

Debt free, profit making company.

Just see and wait. 

EPS will be 15, and NAV must be 33.........with the new profit.....

Its not a game but a reality!!!!

Happy to see it. Only 3m shares at floating.........!!!!
Good luck!!!!!

201SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty AAIC - Profit over one billion!!!!! Tue Oct 29, 2019 4:18 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Time to start again.

Profit....
2017 profit  1526m 
2018 profit   3336m
2019 profit   must be above 6000m??????

ALL will be ok.

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

[size=48]Softlogic Life only Lankan company in Forbes’ Asia’s Best Under A Billion 2019[/size]



[size=17]Sri Lanka’s fastest-growing life insurer Softlogic Life as made it to the Forbes Asia’s Best Under A Billion 2019 list, a business ranking which spotlights Asia’s 200 top-performing listed companies with less than $ 1 billion in revenue with consistent top- and bottom-line growth. Softlogic Life is the only company in Sri Lanka and one of the only two insurance companies in the Asian region to achieve this momentous feat.  

Forbes shortlisted Softlogic Life from 1,400 finalists, which was based on a universe of 19,000 candidates, for passing their criteria for profitability, growth and modest indebtedness. Softlogic Life was placed in the final 200 for producing the highest sales and earnings per share growth for both the most recent fiscal year and the last three-year period, as well as the strongest one- and a five-year average return on equity. 

During the last financial year, Softlogic Life executed yet another superlative financial performance by achieving its highest-ever top line and bottom line. In the previous five years, the company has consistently doubled its market share and reached 12.5% at the end of 2018 and a revenue growth of 33% compared to the average industry growth of 12%. By consistently delivering outstanding financial results, Softlogic life has earned the distinction of being the fastest to cross the milestone of recording GWP (Gross Written premium) of Rs. 10 billion within just 19 years of operation. Softlogic Life recorded a compound annual growth of 35% over the last five years against an industry figure of 16% reflecting the efficacy of their systems, processes and people.

Commenting on Softlogic Life’s world-class recognition, Chairman Ashok Pathirage said, “It is indeed a great pride to be included in this year’s Best Under A Billion 2019 by Forbes, which places us among the most respected organisations in Asia. The company’s ability to grow at more than double the industry growth and our efforts in the industry as a leading innovator to harness the power of technology to uplift our processes to deliver speed, efficiency and convenience to our valuable customers have been recognised by Forbes. This is a testament to all the hard work we have put towards excelling in all fronts for years.”  

“We have been able to introduce a new ethos in the market by giving a new face to life insurance to help our customers live their lives to the fullest. The company has been constantly embracing disruptive and creative innovations to offer a plethora of digital-first initiatives to elevate the standards of Sri Lanka by bringing together world-class solutions that enhance the quality of life of customers while becoming the most preferred, proactive Life insurance provider. We are well set for a record-breaking journey ahead, as we have already laid a solid foundation with proven business strategies to sustain the present rapid growth momentum,” Pathirage further commented. 

Forbes’ Annual Best Under A Billion list spotlights 200 small and midsized publicly listed enterprises in the Asia-Pacific region with sales under $1 billion and a track record of strong earnings growth. These companies posted more than 50% average growth in annual net profit and sales in their latest financial year, to a combined $10 billion and $54 billion, respectively.

Softlogic Life Insurance PLC is a subsidiary of Softlogic Capital PLC and is part of the Softlogic Group, which is recognised as one of Sri Lanka’s most diversified and fastest-growing conglomerates with interests in Healthcare, Retail, ICT, Leisure, Automobiles and Financial Services. Significant stakeholders in the company include global investors; DEG and Leapfrog Investments.
[/size]

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Over 60/- short term sure

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

All the quarters has got the best profits in 1919

First quarter           744 m
Second quarter     1208 m
Third quarter        1558 m
Waiting for  next quarter....!!!!!

Revenue over  9b, so what to boast!!!!

Do the best and get the best........!!!!

Good luck!!!

No limit its moving........!!!

205SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Empty AAIC - Profit over 3 billion!!!!! Wed Dec 04, 2019 7:26 am

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

[size=48]Softlogic Life launches first-ever postal insurance plan in partnership with Postal Department

[/size]

[size]



Comments / SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 V-icon4 5 Views / Wednesday, 4 December 2019 01:32

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[/size]



[size=17]SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000) - Page 8 Image_9842602ae2
Post Master General Ranjith Ariyaratne (left) and Softlogic Life Managing Director Iftikar Ahamed exchanging the agreement
[/size]

  • To bring about greater quality of life to whole of Sri Lanka 
  • A life cover of Rs. 150,000 for just Rs. 5 a day
  • Sign up for life insurance from comfort of home with help of trusted postman

[size][size]
Sri Lanka’s fastest-growing life insurer, Softlogic Life, made its entry into the previously untapped micro-insurance market recently with the introduction of Postal Life Insurance Policies. The company intends to introduce these life solutions by leveraging a key partnership with the Sri Lankan Postal Department’s island-wide network of post offices.  

Ensuring every Sri Lankan’s right to health and life insurance, Softlogic Life has introduced two policy plans of Rs. 150,000 and Rs. 300, 000 which cover both natural and accidental deaths. The uniqueness of these covers is that the person signing up for the protection can add his or her life partner into the cover as well. In the case of hospitalisation, both the policy owner and the beneficiary are eligible for several attractive benefits.

“Universal access to health coverage and healthcare is a basic human right and as such, should be worked towards ensuring all Sri Lankans to have access in any form or manner. By having a health or life insurance cover, people can avert themselves from the financial burden of sudden events, such as the loss of a loved one or falling ill. For these sudden needs, it is always better to set aside a sum of money every month through an insurance cover which gives us fundamental stability, interms of providing the ability to give best of healthcare possible or the ability to provide a stable life for the family after the breadwinner's death and therefore mental freedom. Overall, insurance penetration in Sri Lanka has been at 1.26% in 2018, which means healthcare expenditure is borne by individuals, apart from the few who are covered under health/critical illness insurance policies.” Softlogic Life Managing Director, Iftikar Ahamed said.  

He added: “At Softlogc Life, our vision is to uplift the quality of lives of all Sri Lankans and we believe that providing comprehensive, universally relevant, long-term healthcare insurance policies which ensure affordable access to healthcare for all Sri Lankansis a great means of achieveing that. In this spirit, Softlogic Life is proud to present the Postal Insurance Policy, which will allow any individual across the island to access the best healthcare facilities at an affordable price.”

The Postal Life Insurance from Softlogic Life can be now obtained from over 8000 postmen or post office counters across Sri Lanka. Customers can register for the service, pay monthly instalments and request claims by using a mobile phone. Every transaction that has taken place will be communicated to the customer through an SMS. 

“Insurance in Sri Lanka is a significantly under-penetrated segment when compared to other regional countries like Thailand and Malaysia. It is important that untapped segments of the population have access to affordable healthcare as it is a universal right and as one of the oldest and most highly spread networks in Sri Lanka, we are extremely proud to be the platform through which they will have access to better life insurance solutions. We are happy that over 8,000 postal workers across the nation will be utilised to support this endeavour, initiated by a 100% home-grown brand like Softlogic Life,” said Post Master General Ranjith Ariyaratne said.   Any person between the ages of 16 and 60 are eligible for the postal insurance that could be obtained for themselves or add their life partners to their policy. Personal coverage packages include one for Rs. 150 or Rs.300 per month. If a life partner is added, packages upto Rs. 250 or Rs. 300 per month. Under these different packages, policyholders can sign up for coverage that can go up to a maximum of Rs. 1 million. 

The most profitable and popular life insurance in Sri Lanka.

Now it is time to move up the sector....
Good investment!!![/size][/size]

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