Ceylinco Life Named Sri Lanka’s ‘Best Life Insurer’ for 12th Consecutive Year 📈
Ceylinco Life has secured the "Best Life Insurer in Sri Lanka" title for 2025 by _World Finance_, marking an unprecedented 12th straight year of global recognition. This accolade places the company alongside international giants like Sun Life (Canada) and Nippon Life (Japan). • Overall Figures & Market Standing • Retained market leadership in Sri Lanka’s life insurance sector for 21 consecutive years. • Reported a Gross Written Premium (GWP) of Rs. 22.45 Bn in 1H 2025, up 12.5% YoY. • Total assets reached Rs. 266.38 Bn as of June 2025, reflecting a 5.9% increase over six months. • The Life Fund grew 7.6% in 1H 2025 to reach Rs. 194.7 Bn. • Sector Highlights • Financial Stability: Maintained a Risk-based Capital Adequacy Ratio (CAR) of 448% (at end-2024), significantly above the 120% regulatory minimum. • Claims Performance: Paid Rs. 15.14 Bn in net claims and benefits during 1H 2025 (+8.3% YoY), supporting national social security. • Brand Value: Ranked as the most valuable insurance brand in Sri Lanka (2025) by Brand Finance, with a brand value of Rs. 6.45 Bn. • Industry Impact • The award recognizes excellence in underwriting efficiency, customer retention, and digital innovation—critical for the ICT/BPM integration in modern insurance. • Continuous investment in the education sector via the 'Pranama Scholarships', with over Rs. 240 Mn invested to date.