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Friday November 13th, 2026
Insurance

Sri Lanka's People's Insurance to provide Covid-19 cover for tourists

Sri Lanka's People's Insurance will provide a 12 dollar Covid-19 insurance policy for tourists visiting the island under...

January 22, 2021 2 min read

Sri Lanka medical insurance for family members of Buddhist monks

State-run Sri Lanka Insurance has started a medical insurance scheme for family members of Buddhist monks, which will pr...

January 8, 2021 1 min read

Sri Lanka's Union Assurance starts online life insurance app, offers Covid-19 cover

Sri Lanka's Union Assurance, a unit of John Keells Holdings said it had started online platform which makes it easy to p...

December 16, 2020 2 min read

Fitch downgrades Sri Lanka Insurance to CCC+ on sovereign rating cut

Fitch Ratings has downgraded state-run Sri Lanka Insurance Corporations' Insurer Financial Strength rating to 'CCC+'from...

December 9, 2020 5 min read
Fitch upgrades ratings of 4 Sri Lankan insurers, affirms ratings of 3

The National Rating upgrades are driven by the upgrade of the sovereign's Long-Term Local-Currency IDR

Sri Lanka's Union Assurance, Sampath Bank in bancassurance partnership

Long-term referral bancassurance partnership for life insurance products

Sri Lanka to provide crop insurance for disasters with tax-payer subsidy

Sri Lanka will start a crop insurance scheme for farmers with part of the premium being paid by tax-payers, amounting to...

November 12, 2017 1 min read

Sri Lanka to provide agri-insurance with NITF

Sri Lanka's state-run National Insurance Trust Fund will prepare a plan to insure key agricultural crops up to 40,000 ru...

September 28, 2017 1 min read

Sri Lanka insurance premiums to rise after frequent floods; NITF hit: Fitch

Sri Lanka's re-insurance premiums on flood cover is likely to rise after a spate of unusual rainfall and insurers has to...

September 13, 2017 5 min read

Sri Lanka insurance firms face higher tax bill under new law

ECONOMYNEXT – Sri Lankan insurance companies are likely to face higher tax expenses under a new tax law that was ...

September 12, 2017 2 min read

Sri Lanka's Janashakthi Insurance net down in June

Profits at Sri Lanka's Janashakthi Insurance fell 50 percent to 135 million rupees in the June 2017 quarter from a year ...

August 17, 2017 1 min read

Sri Lanka's Ceylinco Insurance June quarter net profit up 75-pct

ECONOMYNEXT - Sri Lanka's Ceylinco Insurance Plc said net profits rose 75 percent in the June 2017 quarter to 894 millio...

August 16, 2017 1 min read

Fitch upgrades Sri Lanka Insurance Corp's rating to 'AA+(lka)'

ECONOMYNEXT - Fitch Ratings has upgraded Sri Lanka Insurance Corporation Limited's (SLIC) National Insurer Financial Str...

August 11, 2017 4 min read

Sri Lanka insurance premiums rise after spate of natural disasters

Disaster insurance premiums are rising in Sri Lanka after a spate of natural disasters, Minister of Disaster Management ...

June 6, 2017 1 min read

Sri Lanka's Janashakthi Insurance offers to tow any flood hit vehicle free

Sri Lanka's Janashakthi Insurance said it was offering a service to tow free of charge vehicles hit by recent floods reg...

June 5, 2017 1 min read

Renaissance Re lead reinsurer for Sri Lanka disaster insurance cover

ECONOMYNEXT – Sri Lanka has selected global catastrophe reinsurance specialist Renaissance Re to be the lead rein...

May 31, 2017 1 min read
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Latest Last
US Dollar 332.5018 332.3603
UK Pound 440.0661 440.9424
Euro 367.7137 368.4879
Yen 2.0793 2.0805
Aus Dollar 226.4670 227.4342
Source: Central Bank/Indicative
Latest Last
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Source: Central Bank/Indicative
pts %
S&P SL20 6,293.72 -1.13%
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Turnover Rs 3232.70 million 2975.05 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Janashakthi Insurance net down in March quarter

Sri Lanka's Janashakthi Insurance Plc said profits fell 39 percent in the March 2017 quarter from a year earlier amid a ...

May 22, 2017 1 min read

Fairfax Sri Lanka under Fairfirst Insurance brand

Canada-based Fairfax Financial Holdings Ltd, which bought two general insurance businesses in Sri Lanka, said the combin...

March 20, 2017 1 min read

Sri Lanka's NITF re-insures agricultural cover

Sri Lanka's National Insurance Trust Fund (NITF) said it had re-insured its agricultural insurance internationally with ...

February 17, 2017 1 min read

Fitch upgrades Sri Lanka Insurance Corp's outlook to stable

ECONOMYNEXT – Fitch Ratings said it has revised the outlook on Sri Lanka Insurance Corporation's (SLIC) Insurer F...

February 14, 2017 2 min read

Stuart Chapman to head Janashakthi Life

Sri Lanka's Janashakthi Insurance group had appointed Stuart Chapman as Director/Chief Executive Officer from January 01...

January 9, 2017 1 min read

Sri Lanka's Janashakthi net up 12-pct in Sept quarter

Profits at Sri Lanka's Janashakthi Insurance Plc rose 12 percent from a year earlier to Rs159.1 million in the September...

November 17, 2016 1 min read

Sri Lanka’s People’s Leasing & Finance Sept net down 9.8-pct

ECONOMYNEXT – People’s Leasing & Finance’s net profit for the September 2016 quarter fell 9.8% to R...

October 26, 2016 1 min read

Sri Lanka's Asian Alliance to become Softlogic Life Insurance

ECONOMYNEXT - Sri Lanka's Asian Alliance Insurance PLC is to change its name to Softlogic Life Insurance PLC following t...

September 20, 2016 1 min read

Lower tax charge boosts Sri Lanka's People's Insurance June profit

ECONOMYNEXT - Sri Lanka's People's Insurance Company said June 2016 quarter net profit rose 30.1 percent to Rs153 milli...

August 11, 2016 1 min read

Sri Lanka's Continental Insurance seeks public listing

Sri Lanka's Continental Insurance has sought a public listing, its holding company Distilleries Corporation of Sri Lanka...

August 10, 2016 1 min read