📈 SLIC Life Q3 2025 Results Show Strong Growth: GWP +32%
Sri Lanka Insurance Life (SLIC Life) reported a strong performance for the nine months ending September 30, 2025, underscoring its resilience and market leadership. • Gross Written Premium (GWP) hit Rs. 23.6 Bn, marking a robust 32% Year-on-Year (YoY) increase. • New Business surged significantly by 61% to reach Rs. 5.4 Bn, reinforcing its top-tier position. • Profit Before Tax (PBT) grew 11% to Rs. 23.9 Bn. • Policyholder commitment was evident with claims and maturity settlements totaling Rs. 13.2 Bn, a 49% increase compared to the previous year, averaging Rs. 1.5 Bn monthly. • Financial stability is maintained with the largest Life Fund in the industry at Rs. 239 Bn and a total Asset Base of Rs. 264 Bn. • The company also declared a record Rs. 12.5 Bn in annual bonuses for 2024. • As a state-owned insurer, SLIC Life played a pivotal role in national contribution, paying Rs. 0.9 Bn in taxes and maintaining significant investments of Rs. 115 Bn in government securities. • The company holds the highest assigned rating among local life insurers, with Fitch Ratings affirming an 'A+(lka)' National Insurer Financial Strength (IFS) Rating and a Stable Outlook.