August 16, 2024
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4min3
July 16th, 2024 — AIA Insurance proudly hosted its AIA Sales Convention 2024 in grand style recently at the Shangri-La Colombo, under the inspiring theme ‘WINGS UP – to fly beyond Everest’. This glamourous event highlighted the exceptional achievements of AIA’s top-performing Wealth Planners in an atmosphere filled with motivation and prestige.     Under […]

August 9, 2024
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5min5
With many innovative solutions in its portfolio, Sanasa Life Insurance launched yet another unique insurance cover on the 1st of August. This new insurance policy provides cover for the jumpers from the point of jumping off the airplane in the sky, till the participant lands on the ground safely. This policy covers the participants from […]

July 31, 2024
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8min45
Softlogic Life’s first Artificial Intelligence-powered claim settlement goes live, with tremendous processing capability improvements to come   July 30th, 2024: In a ground-breaking move, Sri Lanka’s leading Health Insurer, Softlogic Life, settled its first claim through Artificial Intelligence (AI), signaling a huge move towards embracing the latest technology that will power the Company’s processing ability, […]

July 22, 2024

1min8
22nd July 2024, Colombo: Janashakthi Life recognized and celebrated the achievements of its top performers by hosting an exclusive Yacht Tour featuring a scenic sunset cruise. Over 75 high-achieving agents were selected for this special event. The tour also provided an opportunity for Janashakthi Life’s senior management team to connect with their top performers on […]

July 15, 2024
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5min11
15th July 2024: AIA Insurance shone at the recently held 4A’s Advertising with a remarkable five awards recognising the company’s creative and engaging campaigns.     AIA’s ‘Suwa Walan’ was a campaign that emerged as a standout, securing three awards including two Gold awards. The campaign done in collaboration with the Sri Lanka Cancer Society […]

July 4, 2024
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3min17
Sri Lanka Insurance Corporation General Limited (SLICGL) announced a strategic partnership with Hameedia, a leading menswear brand synonymous with style and quality. The collaboration provides SLICGL’s Motor Plus Comprehensive policyholders exclusive discounts and benefits, marking the initiative as a first-of-its-kind in the Sri Lankan insurance market. The partnership was formalized through the exchange of a […]

July 1, 2024
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3min8
Ten policyholders of Ceylinco Life and their family members spent four magical days in Malaysia recently, bringing the curtain down on the 17th edition of the life insurance leader’s ‘Family Savari’ programme. The fun-packed itinerary of the group included a visit to the iconic Petronas Twin Towers, viewing the Lake Symphony Light and Water Show […]

June 27, 2024

5min4
June 27, 2024: Softlogic Life, the second-largest life insurer in the Sri Lankan market, has announced a Rs. 6 billion share buyback, pending shareholder approvals. The buyback price is Rs. 102.40 per share for up to 58,593,750 shares of the current 375,000,000 shares in issue. The company aims to optimize capital and enhance shareholder value, […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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