Financial Solutions By Lavan Somarathna

The financial stability of Sri Lanka Insurance Corporation, and our well-established repute as a state-owned company with the most experienced technical knowledge base in the industry, deliver reliable and long-term investment solutions for individual and business liabilities. We lay claim to a staggering asset base of over LKR 274 billion backed by the largest life insurance fund in Sri Lanka amounting in excess of LKR 156.7 billion, affording us the opportunity to declare the largest bonus (LKR 10.49 Billion) in the history of the insurance industry in Sri Lanka. We guarantee a substantially larger bonus for all life policyholders from the very first year, calculated based on the total sum assured rather than a premium payment. Backed by world-renowned reinsurance companies such as Unique Reinsurance and Swiss Re, we made yet another industry first with the largest claim ever to be paid in Sri Lanka of LKR 39.5 billion. Sri Lanka Insurance Corporation is the only insurance company in Sri Lanka to receive an A (lka) National IFS Rating by Fitch Ratings for strong financial stability. We are also the only insurance company to be awarded the ISO 9001: 2015 Quality Management Certificate for our internationally benchmarked Quality Management principles including strong governance and continual improvement across our network of 158 branches in Sri Lanka.