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, […]

June 27, 2024

5min30
25th June 2024: AIA Insurance, Sri Lanka’s Most Loved Insurer in the corporate brands category (compiled by LMD based on a survey commissioned to PepperCube Consultants), has emerged victorious at the prestigious ACEF Global Customer Engagement Awards, bringing home a remarkable double win. The company’s innovative campaign for its comprehensive global health cover ‘AIA Health Passport Rider’ secured the […]

June 17, 2024
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4min8
17th June 2024, Colombo: Janashakthi Life, one of Sri Lanka’s leading life insurers, reported stellar financial results for the first quarter of 2024, solidifying the company’s position for continued growth and stability. Janashakthi Life’s Gross Written Premium (GWP) growth surged by an impressive 44% in Q1 2024 compared to Q1 2023. This significant increase reflects […]

June 14, 2024
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1min11
Top performing sales professionals of Ceylinco Life recently celebrated their career successes for Sri Lanka’s life insurance market leader with a company-hosted holiday in Dubai. The 16-member group comprising of the achievers of Ceylinco Life’s ‘Sales Superstar’ competition targets, and the winners of another sales competition held for Ceylinco Life sales officers, toured the Gold […]

June 11, 2024
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3min7
Sri Lanka Insurance Corporation General Ltd (SLICGL), a leading provider of comprehensive general insurance solutions, has once again proven its mettle being named the ‘LMD’s Most Loved General Insurance Brand of 2024’ based on the prestigious Sri Lankan Business Publication’s latest Most Loved Brand edition.   The recognition highlights SLICGL’s unwavering dedication to delivering exceptional […]

June 7, 2024
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7min14
May 31, 2024: Sri Lanka’s most innovative life insurer, Softlogic Life, brought a new meaning to Vesak celebrations in Sri Lanka this year with a cutting-edge augmented reality (AR) experience. Enhancing the traditional festivities with a blend of technology and spirituality, this unique effort was Sri Lanka’s first geo-located AR experience. Placed at the Softlogic Life roundabout […]

May 29, 2024

6min10
29th May 2024: This Vesak, AIA Insurance, Sri Lanka’s Most Respected and Most Loved Insurer in the Corporate Brands Category, proudly presented the greatest gift of life to the villagers of Kimbulpatiyawa, Anuradhapura which is clean and safe drinking water. Recognizing that clean water is the essence of life and a fundamental human necessity, AIA […]

May 27, 2024

3min7
17th May 2024: The AIA Insurance’s Higher Education Scholarships Programme celebrated its 29th consecutive year of recognizing the top performers from each district at the Grade 5 scholarship examination. Since its inception in 1994, the programme has been dedicated to supporting Sri Lanka’s brightest students on their journey to success, irrespective of whether they are […]

May 16, 2024
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4min19
16th May 2024, Colombo: Janashakthi Life, a leading provider of life insurance solutions, recently treated its top performers to an unforgettable tour of Bangkok. More than 75 exceptional achievers were chosen to partake in this exclusive experience, which aimed to recognize and celebrate their outstanding contributions to the company.     The Bangkok tour offered […]


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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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