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Friday November 13th, 2026
Insurance

Sri Lanka's Allianz Life to be SL Insurance Lanka Ltd after Softlogic Life acquisition

Softlogic says acquisition will strengthen market position

July 12, 2025 2 min read

Sri Lanka's ETF pays 10-pct return to members, below EPF

Real returns are higher since the central bank missed its five percent target to raise the cost of living

June 27, 2025 1 min read

Expanding insurance access could drive Sri Lanka economic growth: Minister

Discussion held with insurance heads on the development of the sector

June 19, 2025 1 min read

How trade unions and ex-President secy blocked Sri Lanka insurance regulation revealed

The company ceased writing new businesses in 2020.

March 10, 2025 2 min read
Sri Lanka regulator extends Sanasa Life Insurance suspension

The suspension has been extended from January 31 to March 3.

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
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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

Sri Lanka insurance premiums to fall amid import controls as new business sought: Fitch

Sri Lanka's general insurance premiums may fall as motor business stalls amid import controls and insurers seek new area...

September 15, 2020 5 min read

Sri Lanka's Softlogic borrows US$15mn from Norway, Finland, for expansion

Sri Lanka's Softlogic Life Insurance said it had signed a deal to get 15 million dollars as subordinated debt from Finni...

September 3, 2020 2 min read

Sri Lanka's AIA Insurance strongly capitalized amid Covid-19

Sri Lanka's AIA Insurance is strongly capitalized above the industry, official data shows, with officials saying its pru...

Devan Daniel
July 27, 2020 3 min read

Sri Lanka NITF re-insurance deal goes to Everest Re

A 985 million rupee re-insurance deal of state-run National Insurance Trust Fund for for 18 months through 2020/2021 had...

July 23, 2020 1 min read

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Indian Rupee 3.5357 3.5474
Korean Won 0.2494 0.2492
Oman Rial 863.5962 863.2287
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UAE Dirham 90.5259 90.4874
Source: Central Bank/Indicative
pts %
S&P SL20 6,293.72 -1.13%
CSE All Share 22,024.18 -0.60%
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 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

Central Bank of Sri Lanka, banks, Treasury, insurers essential services in Coronavirus curfew

Sri Lanka's President Gotabaya has made Central Bank of Sri Lanka, commercial banks, insurances services and the Treasur...

March 26, 2020 1 min read

Sri Lanka's Ceylinco Insurance profits fall in Dec on life insurance transfers

Sri Lanka's Ceylinco Insurance said net profits for the December quarter fell 15 percent to 3.09 billion rupees from a y...

February 28, 2020 1 min read

'Suraksha' student insurance scheme to continue

The government will continue the ‘Suraksha’ student insurance scheme initiated by the previous government.

Imesh Ranasinghe
February 28, 2020 1 min read

Milford Ceylon buys stake in Sri Lanka's Softlogic Life from DEG

Leapfrog Investments a US-based private equity firm has doubled its holding in Sri Lanka's Softlogic Life Insurance to ...

January 16, 2020 1 min read

Sri Lanka's NITF outlook cut to negative, AA-(lka) rating confirmed

The outlook of Sri Lanka's National Insurance Trust Fund, a fully state-owned insurer which also re-insures some domesti...

December 17, 2019 3 min read

Sri Lanka insurer regulatory capital drops with new accounting rules

Risk -based capitalization (RBC) of Sri Lanka's insurance companies have dropped after the adoption of a new accounting ...

December 3, 2019 3 min read

Sri Lanka’s Softlogic in Rs762mn Sept quarter loss

Sri Lanka’s Softlogic Holdings made a loss of 762 million rupees in the September 2019 quarter compared with profits o...

November 19, 2019 2 min read

Sri Lanka’s Ceylinco Insurance Sept net up 159-pct

Sri Lanka's Ceylinco Insurance net profits shot up 159 percent to 1.7 billion rupees in the September 2019 quarter from ...

November 19, 2019 2 min read