Financial Solutions By Roshan Sampath
24/08/2022
Sri Lanka Insurance stands among the most profitable state entities by recording profit of Rs. 7.7 billion before taxation in the first half of 2022
In the first half of the year 2022 Sri Lanka Insurance reported a 7.5 % growth in life insurance premiums increasing to Rs. 10.5 billion. Sri Lanka insurance in 2022 surpassed its own record to declare a sum of Rs.9.8 billion as a bonus to policyholders for the year 2021. The cumulative life insurance bonus paid out during the past 15 years tops a massive Rs.83 billion making the SLIC bonus payout unmatchable.
Sri Lanka Insurance General, The number 1 General Insurance provider in the country leads the local General Insurance market by reporting a 19.4% premium growth increasing to Rs.10.5 billion.
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