November 20, 2024
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6min
November 14, 2024: Further raising the bar, Softlogic Life, the country’s leading life insurer with the largest customer base in Sri Lanka has strengthened its ‘Annual Report Analyzer’ by embedding groundbreaking features, including its voice-enabled, AI (artificial intelligence) and machine learning-based AI-Agent “Lifey” and automatic visual interpretation of data. These features make Softlogic Life the first […]

November 20, 2024
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7min
8th November, 2024: Further cementing its position as the most innovative insurer that is close to the heartbeat of the nation, Sri Lanka’s second largest life insurer Softlogic Life Insurance PLC took home 09 awards at the SLIM Digis 2.4 Awards held on 29th October 2024, including the top most award of the night “The […]

November 5, 2024

7min
November 05, 2024: Lahiru Maduranga, General Manager – Business Development at Sri Lanka’s 2nd largest life insurer, Softlogic Life, has been appointed the country chair for the Million Dollar Round Table (MDRT), the premier global association for financial professionals, and he is the youngest professional to ever hold this position.     The position of […]

October 18, 2024
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5min
September 23rd, 2024: In a proud moment for the country’s athletics, Sri Lanka’s second-largest life insurer, Softlogic Life, announced its unwavering support for the country’s young and promising athlete, Tharushi Karunarathne, by extending sponsorship for one of the nation’s most promising young athletes until Olympics 2028. Tharushi, a rising star in track and field, has […]

October 7, 2024
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7min
In a background where mainstream media and most conversations on social media and among adults resonate negativity, Sri Lanka’s second-largest life insurer and the market leader in health insurance, Softlogic Life, through their new campaign for World Children’s Day has taken a bold step on World Children’s Day by launching a campaign titled #ChangeTheStory. The […]

July 31, 2024
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8min
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, […]

June 27, 2024
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5min
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 7, 2024
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7min
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 […]

June 3, 2024
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6min
May 31, 2024: Softlogic Capital, the financial services sector of the Softlogic Group consisting of Softlogic Life, Softlogic Finance, Softlogic Stock Brokers and Softlogic Asset Management (Softlogic Invest), recorded robust and resilient revenue growth, reporting notable top-line growth during the year ended 31 March 2024. Softlogic Capital’s consolidated revenue reached Rs.36.7 billion for the year […]


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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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