Sri Lanka · South Asia · class L
Life insurance companies in Sri Lanka
14 licensed life insurers, 48% of the 29 insurance entities supervised by the Insurance Regulatory Commission of Sri Lanka. Long-term life assurance, annuities, pensions and savings products.
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| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| AIA Insurance LankaHKEX: 1299 | LLife | AIA GroupIAIG | Foreign multinational | IRCSL | Verified | 46 Confidence: Low |
| Arpico Insurance | LLife | Richard Pieris | Domestic private | IRCSL | Verified | 52 Confidence: Low |
| Ceylinco LifeCSE: CINS.N0000 Largest private life | LLife | Ceylinco | Domestic private | IRCSL | Verified | — |
| Cooplife Insurance | LLife | Cooperative | Mutual / cooperative | IRCSL | Verified | 73 Confidence: Low |
| Janashakthi Life Registered as Janashakthi Insurance PLC | LLife | Janashakthi | Domestic private | IRCSL | Verified | — |
| LOLC LifeCSE: LOLC.N0000 Registered as LOLC Life Assurance Limited | LLife | LOLC | Domestic private | IRCSL | Verified | — |
| Sanasa Life | LLife | Sanasa | Mutual / cooperative | IRCSL | Verified | — |
| Softlogic Life | LLife | Softlogic | Domestic private | IRCSL | Verified | — |
| Sri Lanka Insurance Corp (SLIC) - LifeState-owned Segregated 2024; Registered as Sri Lanka Insurance Corporation Life Limited | LLife | Government of Sri Lanka | State-owned / parastatal | IRCSL | Verified | 92 Confidence: Low |
| Union Assurance | LLife | John Keells | Domestic private | IRCSL | Verified | — |
| Continental Insurance Life Lanka Ltd Ownership not researched; the name suggests the life sister of Continental Insurance Lanka Ltd (row 860) but no source consulted says so. | LLife | Parent not named in register | Domestic private | IRCSL | Verified | — |
| Life Insurance Corporation (Lanka) Ltd. Ownership not researched; the name suggests Life Insurance Corporation of India, which would make it FM, but no source consulted establishes it (company site unreachable from this environment). | LLife | Parent not named in register | Domestic private | IRCSL | Verified | — |
| Softlogic Life Insurance Lanka Limited Formerly Allianz Life Insurance Lanka Ltd; renamed after its acquisition by Softlogic Life Insurance PLC (IRCSL register footnote). Successor of row 870 Allianz Lanka Life. | LLife | Softlogic | Domestic private | IRCSL | Verified | — |
| HNB Life PLCCSE: HNB.N0000 Formerly HNB Assurance PLC (renamed April 2026). Successor of row 874 HNB Assurance; group carried over from that row. | LLife | HNB | Domestic private | IRCSL | Verified | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
About life insurers in Sri Lanka
How many life insurers are licensed in Sri Lanka?
14 of the 29 licensed insurance entities this directory lists in Sri Lanka are classified as life (48%). Verified against the regulator register.
Who regulates life insurers in Sri Lanka?
Insurance Regulatory Commission of Sri Lanka (IRCSL). Regime: Regulation of Insurance Industry Act No. 43 of 2000. Official website: https://ircsl.gov.lk.
Who owns the life insurers in Sri Lanka?
Of the 14 licensed life insurers in Sri Lanka, 10 are domestic private companies, 2 are mutual or cooperative insurers, 1 is a subsidiary of a foreign multinational group (AIA Group), and 1 is state-owned or parastatal (Government of Sri Lanka), as recorded in the register.
Data: /api/v1/countries/sri-lanka.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.