Janashakthi Life wins Gold at TAGS Awards
View(s):Janashakthi Life secured the Gold Award in the Insurance category among companies recording a Gross Written Premium of up to Rs. 10 billion at the recently concluded TAGS Awards 2025.
The company, in a media release, said it also received recognition for excellence in Financial Services Corporate Governance Disclosure, reflecting its high standards in regulatory adherence and board-level supervision.
The TAGS Awards (Transparency, Accountability, Governance and Sustainability) are aligned with global reporting standards, and Janashakthi Life’s Gold Award reflects enhancements made to its integrated reporting framework, strengthened risk and capital disclosures, and improved articulation of long-term value creation. The awards seek to encourage meaningful stakeholder communication through timely annual reporting, elevate the presentation of financial and non-financial information, promote compliance with legislative and Sri Lanka Accounting Standards, and drive the adoption of internationally accepted reporting practices. Commenting on the achievement, Ravi Liyanage, Director/CEO of Janashakthi Life, said, “This Gold standard recognition at the 60th Anniversary TAGS Awards affirms that Janashakthi Life’s reporting standards reflect not only regulatory compliance, but governance discipline and transparency that meet the expectations of policyholders, investors and regulators alike.”
Jude Shanmugam, Chief Financial Officer of Janashakthi Life, added, “The strengthened evaluation criteria this year reflect the growing importance of integrated, forward-looking reporting. Over the past year, we have deliberately enhanced our integrated reporting architecture, strengthened risk transparency, and digitised key reporting processes to improve both accuracy and accessibility.”
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