Sri Lanka Insurance Life (SLICLL) has once again solidified its reputation as the country’s premier life insurer by announcing a remarkable bonus of Rs. 14.68 billion for its policyholders for the year 2025. This amount marks the highest annual life insurance bonus ever declared in the Sri Lankan insurance sector. Cumulatively, since 2006, the total bonuses distributed to policyholders now exceed Rs. 131.28 billion, further establishing SLICLL’s position as the leading issuer of life insurance bonuses year after year.
In a year characterized by changing economic conditions, Sri Lanka Insurance Life exhibited exceptional resilience and financial robustness. By the end of 2025, the company’s total assets reached Rs. 275 billion, with its Life Fund expanding to Rs. 247 billion, thus maintaining its status as the largest in the industry. Throughout the year, SLICLL disbursed an average of over Rs. 1.35 billion monthly in maturity benefits and claims, totaling around Rs. 16.2 billion annually, in addition to the declared bonuses. Such accomplishments underscore the company’s sound investment strategies, financial stability, and steadfast dedication to protecting the interests of its policyholders.
With a legacy that spans more than sixty years, Sri Lanka Insurance Life has consistently fulfilled its commitments, gaining the trust of countless Sri Lankans across generations. In 2025, amidst fluctuating market conditions, the company reported a Profit Before Tax of Rs. 4.3 billion, while Gross Written Premium (GWP) climbed to Rs. 32.6 billion, reflecting a robust 24% increase compared to the previous year. Moreover, New Business Premium Income surged to Rs. 7.56 billion, achieving an impressive growth rate of 42%.
Customer satisfaction remains a fundamental aspect of Sri Lanka Insurance Life’s approach, driving ongoing initiatives aimed at improving service quality and enhancing the overall customer experience. By investing in digital advancements and refining processes, the insurer ensures that its offerings are increasingly accessible and responsive, thereby delivering top-notch service to its clientele. In line with this commitment, the improved Life Loyalty Rewards program provides policyholders with a wide array of exclusive benefits and lifestyle privileges, further emphasizing SLICLL’s focus on delivering added value beyond traditional insurance.
Emphasizing its brand ethos, “Like a Father, Like a Mother”, Sri Lanka Insurance Life strives to make a positive impact that transcends insurance through various community-strengthening initiatives across the nation. Since its launch in 2007, the “Pasal Piriyatha Surakimu” program has aided over 3,365 underprivileged schools through enhancements such as classroom refurbishments, water facilities, and libraries. Additionally, the “Suba Pathum Scholarship Programme”, initiated in 2014, has granted more than 2,200 scholarships totaling over Rs. 240 million to students excelling in national examinations, including 225 scholarships awarded in 2025. In 2025, the company also marked its fourth consecutive year of its World Children’s Day initiative, which provides complimentary life insurance coverage to parents of newborns nationwide. In recognition of its ongoing contributions to educational advancement, Sri Lanka Insurance Life received the “Support and Improvement in Quality of Education” award under the Excellence in CSR category at the Sri Lanka Leadership Awards 2025.
This year’s historic bonus announcement underscores the company’s enduring commitment to “Trust That Goes Beyond Measures”, a promise rooted in financial strength, consistency, and unwavering dedication to its policyholders. Supported by a solid financial foundation and sustained growth, Sri Lanka Insurance Life remains focused on delivering long-term value while continuing to lead the life insurance sector in Sri Lanka with integrity and purpose.
