Licensed list · Asia-Pacific · South Asia · LK

Licensed insurance companies in Sri Lanka (2026)

VerifiedVerified against the IRCSL register, checked 4 Sept 2026.

The 29 insurance companies licensed in Sri Lanka in 2026, as recorded by the Insurance Regulatory Commission of Sri Lanka (IRCSL), with the class of business and ownership each one is registered under.

Snapshot

By class of business

Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.

By ownership

  • Domestic private17 59%
  • State-owned / parastatal5 17%
  • Mutual / cooperative4 14%
  • Foreign multinational3 10%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in Sri Lanka

Showing 25 of 29 entities. The full, filterable table is on the country page; every row is in the JSON below.

InsurerClassOwnershipGroupVerification
AIA Insurance LankaLLifeForeign multinationalAIA GroupVerified
Allianz Lanka GeneralGGeneral (Non-life)Foreign multinationalAllianzVerified
Fairfirst InsuranceGGeneral (Non-life)Foreign multinationalFairfaxVerified
Ceylinco GeneralGGeneral (Non-life)Domestic privateCeylincoVerified
Ceylinco LifeLLifeDomestic privateCeylincoVerified
Amana Takaful GeneralTTakaful / IslamicDomestic privateAmanaVerified
Amana Takaful LifeTTakaful / IslamicDomestic privateAmanaVerified
Arpico InsuranceLLifeDomestic privateRichard PierisVerified
Co-operative InsuranceGGeneral (Non-life)Mutual / cooperative—Verified
Continental Insurance LankaGGeneral (Non-life)Domestic privateContinentalVerified
Continental Insurance Life Lanka LtdLLifeDomestic private—Verified
Cooplife InsuranceLLifeMutual / cooperative—Verified
HNB GeneralGGeneral (Non-life)Domestic privateHNBVerified
HNB Life PLCLLifeDomestic privateHNBVerified
Janashakthi LifeLLifeDomestic privateJanashakthiVerified
Life Insurance Corporation (Lanka) Ltd.LLifeDomestic private—Verified
LOLC GeneralGGeneral (Non-life)Domestic privateLOLCVerified
LOLC LifeLLifeDomestic privateLOLCVerified
MBSL InsuranceCCompositeState-owned / parastatalMerchant Bank of Sri LankaVerified
National Insurance Trust Fund (NITF)GGeneral (Non-life)State-owned / parastatalGovernment of Sri LankaVerified
Orient InsuranceGGeneral (Non-life)Domestic privateOrientVerified
People's InsuranceGGeneral (Non-life)State-owned / parastatalPeople's LeasingVerified
Sanasa GeneralGGeneral (Non-life)Mutual / cooperativeSanasaVerified
Sanasa LifeLLifeMutual / cooperativeSanasaVerified
Softlogic LifeLLifeDomestic privateSoftlogicVerified

Full table for Sri Lanka ↗

Regulatory intelligence: Sri Lanka

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Regime
Regulation of Insurance Industry Act No. 43 of 2000
Register source
IRCSL "Insurance Companies Licensed to carry on Insurance Business" (ircsl.gov.lk/insurance-companies/), retrieved 22 Sep 2026: 29 licensed insurers (long-term, general, NITF) with licence dates and footnotes up to 6 Jul 2026
Verification
Verified against the regulator register · IRCSL "Insurance Companies Licensed to carry on Insurance Business" (ircsl.gov.lk/insurance-companies/), retrieved 22 Sep 2026: 29 licensed insurers (long-term, general, NITF) with licence dates and footnotes up to 6 Jul 2026

No market event is recorded against this register for 2026. The regime and source above are the standing facts.

Governing legislation

  • Regulation of Insurance Industry Act 43/2000, as amended · Institutional and insurance framework

    The act establishes the specialist insurance supervisor. The official legal library includes amendments in 2007, 2011 and 2017.

Verification log

Reconciled against the IRCSL licensed-insurer list (29 entities, retrieved 22 Sep 2026): 25 rows matched; Allianz Lanka Life recorded as acquired and renamed Softlogic Life Insurance Lanka Limited and HNB Assurance as renamed HNB Life PLC; added Continental Insurance Life Lanka and Life Insurance Corporation (Lanka); MBSL corrected to composite (life in run-off) and NITF to general per the register.

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://insurers.global/api/v1/countries/sri-lanka.json
curl -s https://insurers.global/api/v1/countries/sri-lanka/insurers/pages/1.json