Softlogic Life Archives - Page 2 of 6

June 27, 2024

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

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

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 […]

May 20, 2024

May 16, 2024: Softlogic Life recorded another quarter of robust financial performance in a challenging business environment, posting Gross Written Premium (GWP) of Rs. 7.2 billion during the first three months ending 31st March (1QFY24). The top-line growth is an increase of 20% compared to 3% during the corresponding period of last year. The burdens […]

April 29, 2024

April 29, 2024: Softlogic Life, Sri Lanka’s 2nd largest life insurer, stepped into a New Era of Greatness and celebrated achievements of their top Sales performers at their annual Sales Convention, held at the Colombo Shangri-La Hotel on 05th April, 2024 with the participation of over 650 sales agents. The gala celebration organized under the […]

April 2, 2024

Accessing content easier, quicker, simpler for stakeholders Sri Lanka’s fastest-growing life insurer, Softlogic Life, launched ‘Annual Report Analyzer’, Sri Lanka’s first AI-powered tool that analyses and interprets information from its Annual Report titled ‘Bigger, Better, Bolder’. By revolutionizing the analysis of company data, Softlogic Life Annual Report Analyzer will offer stakeholders a quicker, simpler, and […]

February 28, 2024

February 28, 2024: Softlogic Life, recorded robust FY23 performance, posting Gross Written Premium (GWP) of Rs. 26.3 Bn for the period ended 31st December 2023, with an increase in top-line growth of 14% versus the past year and compared to industry growth of 12%. The Company has stood firmly with its policyholders in the face […]

January 29, 2024

Sri Lanka’s 2nd largest life insurer, Softlogic Life, became the first insurance company to collaborate with the Department of Computer Science and Engineering of the University of Moratuwa, under a strategic project titled ‘Softlogic Life Tech Wizards’. A Memorandum of Understanding (MoU) was signed between the two parties in this connection and it empowers Sri […]

January 10, 2024

8th January 2024; Sri Lanka’s 2nd largest life insurer, Softlogic Life, unveiled its iconic vegetable Christmas tree for the second consecutive year at the most iconic Galle Face roundabout in the city of Colombo. The Christmas tree was made up of vegetable plants planted and sent to Softlogic Life by people from all four corners […]

December 14, 2023

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Wins four awards, including Silver Award for Overall Excellence In Corporate Reporting December 14th, 2023: In a resounding display of excellence, Softlogic Life, Sri Lanka’s 2nd largest life insurer, has once again solidified its position as a standout performer by securing multiple accolades at the 58th CA TAGS Awards demonstrating Transparency, Accountability, Governance […]

Softlogic Life buys back Rs. 6Bn worth shares

Softlogic Life Lights Up Colombo with a Sri Lanka’s first location based augmented reality (AR) Vesak experience

Softlogic Capital defies tough economic headwinds to grow by 13%, records Rs. 36.7 Bn Revenue and Rs. 431 Mn PBT in FY24

Softlogic Life grows 20% in 1Q 2024, posts 7.2Bn GWP

Softlogic Life steps into a New Era of Greatness at the 2024 Annual Sales Convention

Softlogic Life introduces Sri Lanka’s first AI-powered Annual Report Analyzer

Softlogic Life posts impressive 26Bn GWP for FY2023

Softlogic Life partners with the University of Moratuwa to drive technology evolution in the insurance industry

Softlogic Life’s crowdsourced Christmas tree, now a key seasonal attraction

Softlogic Life amongst the Top 3 overall awards for the 3rd consecutive year at CA TAGS Awards 2023