Union Assurance PLC is an insurance company in Sri Lanka. Union Assurance was founded in 1987 and was listed on the Colombo Stock Exchange in the following year. In 2009, John Keells Holdings acquired a controlling stake in the company. The company divested its general insurance business to Fairfirst Insurance and focused on life insurance in 2015. The company was a constituent of Forbes Asia's ''Best Under a Billion'' list in 2018. Union Assurance is one of the ''LMD'' 100 companies in Sri Lanka. The company is also one of the 100 most valuable brands in Sri Lanka.
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