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Sri Lanka tag returned 78 results

  • Sri Lanka: Non-life insurers expect stalled premium growth

    As the COVID-19 pandemic rages on, price competition among non-life insurers in Sri Lanka is likely to intensify as a ban on auto imports and an economic downturn hinder premium growth according to a recent analysis from Fitch Ratings.

    Asia | 16 Sep 2020
  • Sri Lanka: IASL scales down insurance month celebrations

    The Insurance Association of Sri Lanka (IASL), which dedicates September every year as insurance month, has decided to scale down its campaign this year due to the COVID-19 pandemic.

    Asia | 15 Sep 2020
  • Sri Lanka: Finnfund invests US$7.5m to boost insurance coverage

    Finnfund, a Finnish development financier and professional impact investor, is making its first investment in the insurance sector by providing a $7.5m loan to Softlogic Life Insurance in Sri Lanka.

    Asia | 07 Sep 2020
  • Sri Lanka: Regulator suspends dividend payments by insurers

    Sri Lanka's insurance regulator has suspended dividend payments to shareholders of insurance companies so as to minimise any potential near-term impact on insurers' capital levels due to disruptions to their business by way of loss of premium income and thereby their earnings.

    Asia | 04 Sep 2020
  • Sri Lanka: Insurance sector seen as recovering more rapidly than expected

    The insurance industry is recovering much more quickly than expected from the impact of the COVID-19 pandemic, said Amana Takaful Life CEO Gehan Rajapakse at an event held last week, ahead of 1 September which is National Insurance Day in Sri Lanka.

    Asia | 02 Sep 2020
  • Sri Lanka: State owned life insurer declares record bonus for policyholders

    State owned Sri Lanka Insurance Corporation (SLIC) has declared the largest ever life insurance bonus of LKR8.2bn ($44.6m) for this year to its life insurance policyholders.

    Asia | 18 Aug 2020
  • Rookie Insurance Agency Leader of the Year 2020 - Lahiru Maduranga

    For displaying bold leadership and driving a team of five that has grown to 50 members in a short span of two years as well as propelling his company to greater heights and contributing to the growth of the life insurance industry in Sri Lanka, Lahiru Maduranga from Softlogic Life Insurance PLC was named Rookie Insurance Agency Leader of the Year at the 5th Asia Trusted Life Agents & Advisers Awards 2020.

    Agents | 07 Aug 2020
  • Sri Lanka: Insurer rewards its COVID-19 trailblazers

    Allianz Lanka has recognized 59 of its team members from across its life and general insurance businesses for their commitment to service excellence, especially during the COVID-19-related lockdown in the country.

    Asia | 30 Jul 2020
  • Insurer promotes healthy eating

    AIA Insurance Sri Lanka organised a 'healthy cook-off' competition for its employees to remind them on the importance of nutritious food.

    AIRPlus | 08 Jul 2020
  • Sri Lanka: Pursuing digital transformation during COVID-19

    Janashakthi Life, a private life player has partnered with oDoc, to provide free life insurance cover to the telemedicine company's 200,000 customers in Sri Lanka.

    Asia | 24 Jun 2020


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