People's Insurance PLC operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares People's Insurance PLC with three other
insurance companies in Asia:
Bangkok Union Insurance PCL
sales of 933.01 million Thai Bahts [US$30.01 million]
MAA Group Bhd
(140.06 million Malaysian Ringgits [US$34.10 million]
Janashakthi Insurance Company PLC
(6.08 billion Sri Lanka Rupees [US$30.71 million]
During the first
quarter of 2021, sales at People's Insurance PLC totalled
1.44 billion Sri Lanka Rupees .
This is a drop of 8.4%
from the 1.58 billion Sri Lanka Rupees in sales at the company during the first quarter in 2020.
This was the biggest quarterly decline in sales at People's Insurance PLC in the previous 22 quarters.
There appears to be at least some degree of seasonality in the sales at People's Insurance PLC: during 5 of the previous 6
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
first quarter was the best quarter, accounting for
26% of sales (during that same year, the
fourth quarter accounted for 25% of sales).
During the year ended December of 2020, sales at
People's Insurance PLC were 6.14 billion Sri Lanka Rupees (US$31.02 million).
a very small
increase of 0.6%
versus 2019, when the company's sales were 6.11 billion Sri Lanka Rupees .
This was the fifth consecutive year of sales increases at People's Insurance PLC
(and since 2015, sales have increased a total of 70%).