Insurance Archives

April 2, 2024

Recognises record 302 MDRT qualifiers of 2023, presents three cars and 82 overseas tours to top achievers Ceylinco Life has celebrated two decades of market leadership in Sri Lanka with a pledge to strive for another decade at the helm of the country’s life insurance industry. The covenant was enthusiastically adopted at a […]

March 18, 2024

Chairman-Mr-R.-Renganathan-and-Managing-Director-CEO-Mr-Thushara-Ranasinghe-LBN.jpg

Premium income improves by 14.6% to Rs 33.4 billion Pays Rs 23 billion in net claims and benefits to policyholders Life Fund grows by 16.8% to Rs 157.5 billion CAR improves to 344% nearly triple the minimum requirement Ceylinco Life has achieved the milestone of two decades of unbroken market leadership in Sri Lanka’s life […]

February 22, 2024

Allianz Insurance Lanka Ltd is pleased to announce that Prashant Grover has been appointed Chief Executive Officer, effective 1st February 2024. He will also assume responsibility as Country Manager for Allianz Lanka, covering both Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd, whilst serving as the Principal Officer of the first. Prashant brings […]

February 22, 2024

Sanasa General Insurance Co. Ltd. and PULA (an agricultural insurance and technology company) recently signed a memorandum of understanding (MoU) that will help strengthen the farmers in the country through providing index-based insurance solutions. With this collaboration, PULA will provide the necessary technical support for the agricultural insurance facilities provided by Sanasa General Insurance, and […]

February 12, 2024

23rd January 2023: In a trailblazing achievement, AIA Insurance, Sri Lanka’s Most Respected Insurer (LMD and NielsenIQ, 2023), has secured the illustrious EDGE Assess certification, solidifying its commitment to fostering diversity, equity, and inclusion. This certification marks AIA as the only insurer in Sri Lanka to attain this globally recognised standard. AIA’s EDGE Certification, the […]

January 29, 2024

Sri Lanka’s 2nd largest life insurer, Softlogic Life, became the first insurance company to collaborate with the Department of Computer Science and Engineering of the University of Moratuwa, under a strategic project titled ‘Softlogic Life Tech Wizards’. A Memorandum of Understanding (MoU) was signed between the two parties in this connection and it empowers Sri […]

January 23, 2024

Widely regarded as one of the most innovative and trusted Life Insurance providers in the country, Arpico Insurance PLC, a fully owned subsidiary of the blue-chip conglomerate Richard Pieris & Company PLC, clinched the Bronze Award for the Best Annual Report in the Insurance Sector (GWP upto Rs. 10 billion) for the second consecutive year […]

November 7, 2023

7th November 2023: With a solid foundation, a strong reputation and a big heart, AIA has been recognised as the Most Respected Insurance Company in Sri Lanka in LMD’s Most Respected Entities 2023 ranking while also being among the top 25 Most Respected Entities in Sri Lanka for 2023. This recognition is […]

October 2, 2023

Seylan Credit Cards, the Essential Card for Heartfelt Essentials, is thrilled to announce its strategic partnership with Union Assurance, one of the leading Life Insurers in Sri Lanka. This collaboration aims to provide Seylan Credit Cardholders with an innovative and convenient Easy Payment Plan for their Union Assurance Life Insurance Policies, relieving […]

September 25, 2023

In a significant move to enhance insurance services for vehicle owners, Amana Takaful Insurance PLC and CBC Finance Limited have inked a special Memorandum of Understanding (MOU). This strategic alliance positions Amana Takaful Insurance as the preferred insurance partner for CBC Finance, which is a wholly-owned subsidiary of Commercial Bank of Ceylon […]

Ceylinco Life rewards the superstars of its 20th successive year at the top

Ceylinco Life attains 20 years of unbroken market leadership in 2023

Allianz Insurance Lanka Ltd. appoints Prashant Grover as its new Chief Executive Officer, Country Manager

Sanasa General Insurance signs MoU with PULA to provide index-based agri-insurance solutions

AIA Achieves EDGE Assess Certification, Spearheading Diversity and Inclusion in Sri Lanka’s Insurance Sector

Softlogic Life partners with the University of Moratuwa to drive technology evolution in the insurance industry

Arpico Insurance PLC wins at the CA Sri Lanka TAGS Awards 2023

AIA Insurance recognized as Sri Lanka’s Most Respected Insurer 2023

Seylan Credit Cards and Union Assurance Join Hands to Offer Hassle-free Life Insurance Payment Options

Amana Takaful Insurance and CBC Finance Forge Dynamic Partnership for Insurance Coverage