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Friday November 13th, 2026
Insurance

Sri Lanka insurance watchdog appoints Dutch actuarial consultant

Sri Lanka's insurance regulator has appointed a Dutch consultant as part of a World Bank funded project to modernize the...

June 21, 2020 1 min read

Sri Lanka insurers escape Covid mortality but hit by central bank fallout

Sri Lanka's insurers have so far not been hit by Coronavirus mortality or healthcare costs unlike other countries but i...

May 15, 2020 3 min read

Sri Lanka Insurance rating downgraded to 'B', outlook negative: Fitch

Fitch Ratings has downgraded the insurer rating of state-run Sri Lanka Insurance Corporation Limited to 'B' from 'B+' wi...

May 3, 2020 6 min read

Sri Lanka's Arpico Insurance says medical and life cover extended to Coronavirus

Arpico Insurance said its strong re-insurance allowed itto make the decision which was backed their chairman Sena Yaddeh...

March 29, 2020 1 min read
Sri Lanka NITF 'BBB(lka)' confirmed by Fitch, re-insurance gap flagged

Revenues to rise after a directive to remit more SRCCT premia to NITF

Sri Lanka's Ceylinco Insurance changes name

The company offers insurance, education, hydropower, healthcare and financial services.

Janashakthi expects Rs4.6bn from Sri Lanka flood claims, profits surge

Sri Lanka's Janashakthi Insurance group said profits grew 159 percent from a year earlier to Rs272 million in the quarte...

August 8, 2016 2 min read

Gehan Rajapakse new chief at Sri Lanka's Amana Takaful

Gehan Rajapakse, a senior insurance sector executive, has been appointed chief executive of Amana Takaful, an Islamic in...

August 1, 2016 1 min read

Sri Lanka undercapitalized small insurers to be hurt by flood claims: Fitch

Claims from a May 2016 floods in Sri Lanka is manageable for the sector but small insurers who were already undercapital...

July 8, 2016 1 min read

Sri Lanka Amana Takaful Life insurance IPO

ECONOMYNEXT - Amana Takaful Life Ltd. is to make an initial public offering of 50 million shares at Rs1.50 a share, a st...

June 27, 2016 1 min read

Sri Lanka's Asian Alliance general insurance unit goes to Fairfax

Sri Lanka's Softologic group has struck a deal to sell general insurance unit of Asian Alliance Insurance to Canada-base...

June 24, 2016 1 min read

Sri Lanka flood insurance claims top Rs15bn, re-insurance costs to rise

ECONOMYNEXT - Sri Lanka's insurance claims from a recent flood could be around 15.5 billion rupees, which was manageable...

June 23, 2016 3 min read

Sri Lanka's investment in disaster risk insurance gives fast payoff

COLOMBO, June 13 (Thomson Reuters Foundation) - On April 1, the Sri Lankan government paid Rs300 million ($2 million) as...

June 13, 2016 4 min read

Sri Lanka insurance claims may reach Rs5.0bn: Finance Minister

ECONOMYNEXT - Insurance claims from the household and small businesses may reach 5 billion rupees with two largest insur...

May 26, 2016 1 min read

Sri Lanka HNB Assurance 'A(lka)' rating confirmed by Fitch

ECONOMYNEXT - Fitch Ratings said it was confirming an 'A(lka)' rating for HNB Assurance (HNBA) and HNB General Insurance...

May 19, 2016 3 min read

Sri Lanka Janashakthi Insurance March net Rs358mn

ECONOMYNEXT – Sri Lanka’s Janashakthi Insurance said March 2016 net profit rose 236% to 358 million rupees...

May 16, 2016 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
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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Insurance giant ends boardroom battle

ECONOMYNEXT - Ending months of acrimony, the country's largest insurance giant has appointed a new board of directors je...

Our Political Correspondent
April 29, 2016 1 min read

Sri Lanka's Asian Alliance Insurance Dec net up 154-pct, expands branches

ECONOMYNEXT - Profits at Sri Lanka's Asian Alliance Insurance in the December 2015 quarter rose 154 percent to 565 milli...

March 11, 2016 2 min read

Sri Lanka’s Janashakthi Insurance chairman to retire

ECONOMYNEXT – Sri Lanka’s Janashakthi Insurance PLC said incumbent non-executive chairman and director W. ...

March 4, 2016 1 min read

Sri Lanka Insurance Corporation downgraded by Fitch

ECONOMYNEXT - Fitch Ratings has downgraded Sri Lanka Insurance Corporation to 'B+' from 'BB-' with a negative outlook, f...

March 2, 2016 2 min read

Sri Lanka's Janashakthi Insurance Dec net up 37-pct

ECONOMYNEXT - Profits at Sri Lank's Janashakthi Insurance Plc in the December 2015 quarter rose 37 percent from a year e...

February 29, 2016 1 min read

Sri Lanka Janashakthi makes Rs940mn profit on property sale to Sanken

ECONOMYNEXT – Sri Lanka’s Janashakthi Insurance PLC said it had made a profit of 940 million rupees on the...

February 1, 2016 1 min read

Janashakthi completes merger with AIA Sri Lanka unit

ECONOMYNEXT – Janashakthi Insurance PLC said it has completed the amalgamation of Janashakthi General Insurance L...

January 31, 2016 1 min read

Sri Lanka's People's Leasing eyes, Bangladesh, Myanmar, Vietnam

ECONOMYNEXT - Sri Lanka's People's Leasing and Finance Plc, the country's largest non-bank lender is mulling expanding i...

January 12, 2016 1 min read

Sri Lanka's People's Insurance falls below offer price

ECONOMYNEXT - Sri Lanka's People's Insurance Company Plc fell below its offer price of 15.00 rupees to trade at 14.80 r...

January 12, 2016 1 min read

Sri Lanka to re-insure domestic re-insurer NITF

ECONOMYNEXT - Sri Lanka will seek international re-insurance for the National Insurance Trust Fund, a domestic state-con...

December 18, 2015 1 min read