News Life and Health07 Mar 2018

Sri Lanka:Life business pushes up group profits for Ceylinco in 2017

07 Mar 2018

Ceylinco Life Insurance doubled its profit after tax to LKR6 billion (US$38.7 million) for the year ended 31 December 2017, from LKR3.08 billion for 2016. The stellar results contributed to a 77% surge in consolidated after tax profit of LKR8.3 billion for 2017 over 2016 for Ceylinco Insurance which is the holding company of Sri Lanka's insurance giants Ceylinco General Insurance and Ceylinco Life Insurance.

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