Softlogic Life delivered an impressive financial performance for the year ending December 31, 2025, achieving a Gross Written Premium (GWP) of Rs. 40.1 billion. This marks a robust year-on-year growth of 27%, further bolstered by the strategic acquisition of Allianz Life Insurance Lanka. With this acquisition, Softlogic Life’s market share has increased to 18.4%, representing the highest absolute growth of Rs. 10.1 billion in the Life Insurance industry for 2025.
Over the past four years, Softlogic Life has demonstrated substantial value creation, doubling key performance indicators such as Profit After Tax (PAT), Profit Before Tax (PBT), GWP, and Earnings Per Share (EPS). This growth reflects sustained momentum, disciplined execution, and a strengthened market leadership position. The company’s GWP has expanded from Rs. 20 billion in 2021 to Rs. 40 billion in 2025, alongside consistent profitability improvements and enhanced shareholder returns.
In the long term, Softlogic Life has recorded an impressive 10-year GWP Compound Annual Growth Rate (CAGR) of 26%, significantly outperforming the industry’s CAGR of 16%. The company has consistently delivered a Return on Equity (ROE) exceeding 30%, highlighting strong operational performance and efficient capital management.
For FY25, Softlogic Life reported a Profit After Tax of Rs. 4.7 billion, with Earnings Per Share rising to Rs. 14.79, demonstrating enhanced value creation for shareholders. The company’s 10-year average ROE stands at 32.4%, continuing its track record of delivering consistent and superior shareholder returns. Total assets increased to Rs. 68.6 billion, supported by a diversified and prudently managed investment portfolio. Additionally, the company maintained a Capital Adequacy Ratio of 245%, well above the regulatory requirement of 120%, reinforcing its robust financial position.
The company’s strong presence in the local life insurance industry is further solidified, boasting the largest customer franchise in the market and maintaining its status as the nation’s largest health insurer, with over 840,000 policies covering 1.3 million Sri Lankan lives.
During the year, Softlogic Life paid Rs. 19.4 billion in claims and benefits, including Rs. 13.2 billion for health and protection claims, affirming its position as the industry’s highest claims payer. With 90% of claims settled within one day, the company offers rapid access to funds, supported by an AI-driven claims platform recognized with a leading Asia Insurance Award for AI innovation.
Commenting on the results, Softlogic Life Chairman Ashok Pathirage stated, “Softlogic Life’s continued growth reflects the strength of our long-term strategy, disciplined execution, and unwavering focus on customer trust. Our priority remains delivering sustainable growth while building a strong protection culture that supports financial security for Sri Lankan families.”
A significant strategic milestone was the signing of a USD 15 million long-term capital investment by Norfund and OP Finnfund, marking Norfund’s second investment in Softlogic Life since 2020. This new capital will support the expansion of inclusive protection solutions and further strengthen the company’s capital base.
Softlogic Life also completed the acquisition of 100% of the shares of Allianz Life Insurance Lanka Limited (Life Business) after obtaining regulatory approval from the Insurance Regulatory Commission of Sri Lanka (IRCSL). This acquisition enhances the company’s scale, customer reach, and growth potential within the Sri Lankan life insurance sector.
Investments in AI-driven and digital capabilities continue to enhance accessibility and service delivery, improving customer experience across income groups and geographic regions. These advancements enable the company to scale protection products nationally while maintaining operational efficiency.
Softlogic Life Managing Director Iftikar Ahamed stated, “Our performance in 2025 reflects a clear focus on protection-led growth, customer trust, and execution excellence. The acquisition of Allianz Insurance’s Sri Lankan life insurance arm and partnerships with Norfund and OP Finnfund strengthen our capacity to expand access to insurance, invest in innovation, and build long-term value for our stakeholders.”
Softlogic Life Insurance PLC reaffirmed its leadership in Transparency, Accountability, Governance, and Sustainability by achieving a landmark performance at the 60th CA Annual Report Awards (CA TAGS), securing one of the Overall Grand Awards and four additional category awards, including the Gold Award for the Insurance Industry. The company also won the Gold Award for Overall Excellence in Integrated Reporting at the CMA Integrated Reporting Awards 2025.
Further enhancing its brand leadership, Softlogic Life was named Service Brand of the Year 2025 at the SLIM Brand Excellence Awards, recognizing its consistent delivery of superior customer experience, brand trust, and service excellence.
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Softlogic Life Chairman Ashok Pathirage
Softlogic Life Managing Director Iftikar Ahamed
