Sri Lanka · South Asia · class L

Life insurance companies in Sri Lanka

12 licensed life insurers, 44% of the 27 insurance entities supervised by the Insurance Regulatory Commission of Sri Lanka. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
AIA Insurance LankaLLifeAIA GroupIAIGForeign multinationalIRCSLUnverified
Allianz Lanka LifeLLifeAllianzIAIGForeign multinationalIRCSLUnverified
Arpico InsuranceLLifeRichard PierisDomestic privateIRCSLUnverified
Ceylinco Life
Largest private life
LLifeCeylincoDomestic privateIRCSLUnverified
Cooplife InsuranceLLifeCooperativeMutual / cooperativeIRCSLUnverified
HNB AssuranceLLifeHNBDomestic privateIRCSLUnverified
Janashakthi LifeLLifeJanashakthiDomestic privateIRCSLUnverified
LOLC LifeLLifeLOLCDomestic privateIRCSLUnverified
Sanasa LifeLLifeSanasaMutual / cooperativeIRCSLUnverified
Softlogic LifeLLifeSoftlogicDomestic privateIRCSLUnverified
Sri Lanka Insurance Corp (SLIC) - Life
Segregated 2024
LLifeGovernment of Sri LankaState-owned / parastatalIRCSLUnverified
Union AssuranceLLifeJohn KeellsDomestic privateIRCSLUnverified

About life insurers in Sri Lanka

How many life insurers are licensed in Sri Lanka?

12 of the 27 licensed insurance entities in Sri Lanka are classified as life (44%), according to the IRCSL register as reflected in this directory (not verified).

Who regulates life insurers in Sri Lanka?

Insurance Regulatory Commission of Sri Lanka (IRCSL), under 28 insurers. Official website: https://ircsl.gov.lk.

Are the life insurers in Sri Lanka locally or foreign owned?

2 of 12 belong to regional or foreign multinational groups (including AIA Group, Allianz, Ceylinco), 1 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/sri-lanka.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.