SLIC Life Records a 32% Year-on-Year Growth in GWP
New Business Surges by 68% to Rs. 3.6 Billion in First Six Months
Rs. 8.5 Billion Settled in Claims, Averaging Rs. 1.4 Billion Monthly

Sri Lanka Insurance Life (SLICLL) has delivered an outstanding performance in the first half of 2025, recording a Gross Written Premium (GWP) of Rs. 15.4 billion, reflecting a robust 32% growth compared to the same period last year. Demonstrating strong business momentum, the company achieved New Business premiums of Rs. 3.6 billion, representing an exceptional 68% year-on-year increase, one of the strongest half-year performances in the industry.

Underscoring its commitment to policyholders, SLIC Life disbursed Rs. 8.5 billion in claims and maturity settlements during the six months ending 30th June 2025, averaging Rs. 1.4 billion per month. These figures reaffirm the company’s financial strength and reliability, positioning it as a trusted partner in safeguarding the future of millions of Sri Lankans. With an asset base of Rs. 253.2 billion and the largest Life Fund in the industry at Rs. 228.4 billion, Sri Lanka Insurance Life continues to demonstrate unmatched financial stability and long-term resilience.

Further reinforcing its industry leadership, the company recently declared a record Rs. 12.5 billion bonuses for 2024, the largest annual bonus declaration in the Sri Lankan life insurance industry. This brings the cumulative bonuses declared since 2006 to an unparalleled Rs. 116.6 billion, underscoring the company’s strength in delivering consistent long-term value to policyholders.

Beyond its financial achievements, Sri Lanka Insurance Life has once again been recognised as Sri Lanka’s ‘Most Loved Life Insurance Brand’ by LMD for the 8th consecutive year, a testament to the trust and emotional connection the company has built with its customers through consistency, empathy, and service excellence. This recognition further strengthens the company’s standing as the insurer of choice in the country.

Staying true to its brand promise ‘Like a Father, Like a Mother’, SLIC Life extends its commitment beyond insurance, touching lives through impactful social responsibility initiatives across the nation. The long-running ‘Suba Pathum’ scholarship program, launched in 2014 for children of policyholders, has awarded over 2,200 scholarships worth more than Rs. 240 million to date, empowering students to pursue academic excellence. Complementing this, the ‘Pasal Piriyatha’ initiative, commenced in 2007, has improved infrastructure in 3,365 underprivileged schools, uplifting educational standards and creating better learning environments for thousands of children. To commemorate World Children’s Day, the company continues its unique tradition of providing a Rs. 1 million free life insurance cover to the parents of every child born on October 1st across all hospitals in Sri Lanka.

With an exceptional first six months in 2025, Sri Lanka Insurance Life has reinforced its leadership position in the industry while upholding its core values of protection, trust, and care. As the company continues its journey with unstoppable momentum, it remains focused on driving innovation, strengthening customer confidence, and delivering long-term value to both policyholders and the nation at large.