Sri Lanka

Aerial view of a modern city with high-rise buildings, winding rivers, and a distant harbor under a clear blue sky.",

Softlogic Life completes US$1.9m acquisition of Bangladesh insurer

July 28 2026

The Sri Lankan life insurer finalised its purchase of a 60% stake in Diamond Life Insurance.

generali-undp-advance-msme-resilience-efforts-across-asia

Generali Asia sponsors Italy’s national cricket team for T20 World Cup debut

February 4 2026

Generali Asia looks to boost brand visibility with sponsorship for Italy’s national cricket team at its first ICC Men’s T20 World Cup outing.

allianz-commits-up-to-eur600000-to-flood-relief-efforts-in-southeast-asia

Allianz commits up to US$700k to help flood relief efforts in Southeast Asia

December 20 2025

The funding will be split between immediate humanitarian assistance and longer-term recovery and resilience initiatives across Indonesia, Thailand, and Sri Lanka.

Policybazaar launches reinsurance operations across Asian, Middle Eastern markets

November 6 2025

The Indian insurance platform is bringing its digital reinsurance model to Sri Lanka, Qatar, Oman, and the UAE.

policybazaar-for-business-extends-reinsurance-footprint-to-south-asia-middle-east

India's Policybazaar for Business expands reinsurance footprint in South Asia, Middle East

September 3 2025

The company's reinsurance platform uses data analytics and digital tools to speed up placements and improve transparency for insurers in new markets.

softlogic-finalises-acquisition-of-allianz-insurance-lanka

Softlogic completes acquisition of Allianz Insurance Lanka

July 16 2025

Softlogic stated that the acquisition will expand its footprint and enhance its market position as one of Sri Lanka's largest life insurers.

aia-group-announces-indonesia-as-regional-winner-of-healthiest-schools-competition

Indonesian school wins AIA Group's 'Healthiest Schools Competition'

July 4 2025

UPTD SD Negeri Papela recognised for its efforts to recycle plastic waste into literacy boards and classroom furniture.

Sri Lankan non-life insurers pivot to non-motor segments as profits squeeze

January 9 2025

Regulatory changes and inflation drive Sri Lankan insurers to diversify portfolios.

LIC increases stake in LIC Lanka to 93.75%

July 9 2024

Life Insurance Corporation (LIC) infuses LKR 500m (US$1.65m) into Sri Lankan subsidiary to meet statutory requirements.

Fitch withdraws ratings for Sri Lanka Insurance following company restructure

February 28 2024

Fitch Ratings discontinues ratings for following SLIC's reorganisation and shift to a holding company for GI and life entities.

prashant-grover-appointed-allianz-insurance-lanka-ceo-and-country-manager

Prashant Grover appointed as Allianz Insurance Lanka CEO

February 27 2024

Grover started with Allianz in 2007 and is promoted from his role as Regional Lead of Business Transformation.

new-directive-likely-to-deflate-profitability-of-sri-lankas-non-life-segment-fitch

New motor SRCC directive likely to deflate profitability of Sri Lanka's non-life segment: Fitch

February 1 2024

Directive requires Sri Lankan non-life insurers to transfer 100% of SRCC-related motor premiums to state-run NITF.

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25 September