life insurer Archives - Lanka Business News

May 28, 2025

Janashakthi Life, the fastest growing Life insurer in the country recorded 49% year-on-year increase in Gross Written Premiums (GWP) for the Q1 2025, totaling LKR 1,830 million—up from LKR 1,231 million in Q1 2024. The company’s strong top-line growth reflects its strategic focus on customer acquisition, market expansion, and product innovation. Regular First Year Premium […]

March 28, 2025

Janashakthi Life, one of the fastest growing Life insurers in Sri Lanka has recorded a massive LKR 5.7 Billion Profit Before Tax for the period under review. This is the second consecutive year the company has surpassed the LKR 5 billion mark in PBT. Reflecting on the company’s achievements, Ravi Liyanage, Director / CEO of […]

February 17, 2025

Union Assurance, Sri Lanka’s premier Life Insurer, unveiled its ‘Suwamaga Mobile Screening Unit’ on 27 November 2024 at Cinnamon Lakeside, with the attendance of the Ministry of Health and the Diabetes Association of Sri Lanka. The Suwamaga Mobile Screening Unit is a fully equipped mobile truck designed to provide free diabetes screening conducted by certified […]

October 7, 2022

Two major awards at South Asian Business Excellence Awards recognizes Sri Lanka’s innovative life insurer as an industry trailblazer 7th October 2022, Colombo: Sri Lanka’s second largest life insurer Softlogic Life was recently honored as South Asia’s best private-sector insurance company at the coveted South Asian Business Excellence Awards 2022. The awards ceremony, […]

August 15, 2022

• Gross Written Premium of Rs. 11.4 Bn with an increase in top-line growth of 24% • Market share of 17.1% as of 30th June 2022 • Top-line growth of 24% vs an overall industry growth of 18.7% • Profit After Tax rose to Rs. 1.2 Bn with a 30% […]

Janashakthi, the fastest growing insurer in Q1 2025

Janashakthi Life Records Over 5 Billion in Profits for the Second Consecutive Year

Union Assurance Suwa Maga Programme Enhances Public Accessibility to Healthcare Services

Softlogic Life honored as South Asia’s Best Insurance Company

From 5th to 2nd position in the market in 5 years: Softlogic Life is now Sri Lanka’s 2nd largest life insurer