Sri Lanka Insurance General Reports Strong Nine-Month Performance for 2025

Sustained growth and stability reaffirm SLICGL’s leadership as Sri Lanka’s premier state-owned insurer

Sri Lanka Insurance General Limited (SLICGL), the nation’s premier state-owned general insurer, announced its financial results for the nine months ended 30 September 2025, reflecting solid growth and sustained profitability supported by improving market conditions and renewed consumer confidence.

For the nine months ended 30th September 2025, SLICGL recorded a Gross Written Premium (GWP) of Rs. 21,853 million, reflecting an 18% year-on-year growth.  The company achieved an operating profit of Rs. 257 million and a profit after tax of Rs. 2,614 million, reflecting 17% year-on-year growth supported by improved consumer confidence, increased vehicle imports, and a strengthened market position.

As a state-owned insurer, SLIC General continues to play a pivotal role in national economic development. During the period, the company paid Rs. 0.7 billion in taxes and maintained significant investments of Rs. 11.5 billion in government securities, reflecting its contribution to fiscal stability and economic growth. Sri Lanka Insurance Corporation further strengthened the Treasury through dividend payments of Rs. 1.5 billion in 2025, a 17% increase from the previous year reinforcing the group’s role as a key contributor to national revenue and supporting economic progress.

“Our results for the first nine months of 2025 reflect the strength, stability, and strategic focus of Sri Lanka Insurance General,” said Mr. Nusith Kumaratunga, Chairman of SLICGL. “As a state-owned enterprise, we continue to fulfil our responsibility to protect individuals, enterprises, and national assets while delivering consistent value to the economy.”

SLICGL’s performance reflects a balanced and resilient portfolio, with strong new business growth across its network of 143 branches and through a dedicated team of sales representatives and advisors across the country. This broad distribution base continues to strengthen the company’s market presence and accessibility for customers nationwide.

As a state-owned enterprise with a national mandate, SLICGL remains a cornerstone of Sri Lanka’s protection landscape — safeguarding people, property, and economic progress with reliability and integrity.

SLICGL’s strong fundamentals and reputation have been reaffirmed by independent recognitions:

• Fitch Ratings has assigned SLICGL an A+ (lka) National Insurer Financial Strength Rating — the highest rating awarded to any insurance company in Sri Lanka, reflecting exceptional financial stability and sovereign backing.

• Brand Finance 2025 named SLICGL the No. 1 Most Valuable General Insurance Brand in Sri Lanka, reaffirming its national leadership and enduring consumer trust.

With the strength of government ownership and the confidence of millions of policyholders, Sri Lanka Insurance General continues to lead with purpose — combining financial excellence, national service, and a steadfast commitment to protecting every Sri Lankan household and enterprise.

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About Sri Lanka Insurance General Limited

Sri Lanka Insurance General Limited (SLICGL) is the nation’s premier state-owned general insurer, offering comprehensive protection across motor, fire, marine, engineering, health, and other specialized segments. With a proud legacy, strong government backing, and a nationwide branch network, SLICGL stands as a pillar of national assurance — safeguarding lives, property, and progress across Sri Lanka