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Friday November 13th, 2026
Insurance

Sri Lanka insurers raising motor insurance premia after depreciation: Fitch

A government control on ceding civil commotion insurance also pushed up costs

January 9, 2025 2 min read

Sri Lanka positive growth momentum to continue: CB Governor

The financial sector was also stable, helping the economy

August 14, 2024 2 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

July 18, 2024 4 min read

Sri Lanka's Ceylinco Insurance changes name

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

May 27, 2024 1 min read
Sri Lanka insurance association launches digital card

IASL launches e-motor card and gives 500 tabs to Sri Lanka Police

Sri Lanka's NITF to take a hit on cyclone, other firms have more re-insurance: Fitch

National Insurance Trust Fund Board is more exposed to losses due to its lack of retrocession cover

Softlogic Life wins top award at Sri Lanka's Effies 2019

Softlogic Life Insurance Plc, has won the gold award for 'brand of the year' at the 2019 Effie Advertising awards in Sr...

September 8, 2019 2 min read

Sri Lanka's Janashakthi Insurance in B2B, digital drive

Sri Lanka's Janashakthi Insurance had been able grow gross written premium above the life industry average so far in 20...

September 6, 2019 2 min read

Sri Lanka's Janashakthi Insurance net down in June on higher claims

Sri Lanka's Janashakthi Insurance Plc, posted a net profit of 127.2 million rupees for the June quarter, down 5 percent ...

August 19, 2019 1 min read

Sri Lanka's Ceylinco June net up with lower life insurance transfers

Ceylinco Insurance Plc said that its profits grew 215 percent to 1.8 billion rupees in the June quarter from a year earl...

August 13, 2019 1 min read

Sri Lanka health insurance costly, but potential to grow: report

ECONOMYNEXT – The high cost of health insurance business is a challenge for all insurance companies in Sri Lanka,...

August 9, 2019 2 min read

Sri Lanka's HNB Assurance eyes 15-pct premium growth in 2019

Sri Lanka's HNB Assurance is expecting planning write business of 15 percent in the year to March 2019 with restrictions...

July 21, 2019 2 min read

Weak rupee, higher taxes to prune profits of Sri Lankan insurers

Sri Lanka’s insurance industry growth is likely to slow down and profits reduced owing to a weakened rupee and hi...

June 28, 2019 3 min read

Sri Lanka Insurance develops travel cover for tourists after Easter bombing

Sri Lanka's state-owned Sri Lanka Insurance Corporation (SLIC) is awaiting approval from the government to issue travel ...

June 12, 2019 3 min read

Sri Lanka's Com Bank gains control of Commercial Insurance Brokers

ECONOMYNEXT- Sri Lanka's Commercial Bank has acquired a majority stake in Commercial Insurance Brokers (Pvt) Ltd after b...

June 3, 2019 1 min read

Rush for terrorism insurance in Sri Lanka after bombings

Thousands of Sri Lankans have subscribed to terrorism insurance within a week after the Easter Sunday Bombings on April ...

Chandeepa Wettasinghe
May 2, 2019 3 min read
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US Dollar 332.5018 332.3603
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today yesterday
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Sri Lanka's NITF exposure to terror attacks limited to Rs. 500mn

Sri Lanka's state-owned National Insurance Trust Fund (NITF) will have a maximum exposure of 500 million rupees from the...

Chandeepa Wettasinghe
May 1, 2019 2 min read

Sri Lankans flock to retake terrorism insurance cover

Sri Lankan firms are rushing to re-subscribe to terrorism insurance covers following the Easter Sunday bombings, a top o...

April 25, 2019 3 min read

Sri Lanka's NITF to pay Rs.50mn advance to two bombed hotels

Sri Lanka's state-owned National Insurance Trust Fund will pay 25 million rupees each in advance insurance claims to The...

April 24, 2019 1 min read

Sri Lanka insurance premiums growth slows down to 9.5-pct in 2018

ECONOMYNEXT - Sri Lanka's insurance industry grew 9.5 percent from a year earlier to 175.7 billion rupees in gross writt...

April 4, 2019 2 min read

Sri Lanka car taxes to slow growth in insurance

Sri Lanka's insurance sector will see slower growth due to higher taxes slapped on cars in a budget for 2019, Fitch Rati...

March 22, 2019 4 min read

Leapfrog group buys Sri Lanka Soflogic Life Insurance stake from FMO

A 19-percent stake in Sri Lanka's Softlogic Life Insurance has been sold by the Netherlands-based FMO to the Leapfrog In...

December 19, 2018 1 min read

Big stake sold in Sri Lanka’s Softlogic Insurance for Rs2.18bn

ECONOMYNEXT – A big stake in Sri Lanka’s Softlogic Life Insurance changed hands on the Colombo bourse Wedn...

December 19, 2018 1 min read

Fitch downgrades Sri Lanka Insurance Corp to IFS 'B'

ECONOMYNEXT – Fitch Ratings said it has downgraded the Insurer Financial Strength (IFS) rating of Sri Lanka Insur...

December 5, 2018 2 min read

Sri Lanka's AIA, Sampath Bank partnership for insurance premium payments

ECONOMYNEXT - AIA Insurance Lanka has entered into a partnership with Sampath Bank to enable customers make insurance pr...

November 7, 2018 1 min read

Sri Lanka Co-operative Insurance Company gets BBB+(lka) rating: Fitch

ECONOMYYNEXT - Fitch Ratings has assigned Sri Lanka's Co-operative Insurance Company a BBB+(lka) rating with a stable ou...

September 6, 2018 3 min read