'Janashakthi, the fastest growing insurer in Q1 2025'

Janashakthi Life, the fastest growing Life insurer in the country recorded 49% year-on-year increase in Gross Written Premiums (GWP) for the Q1 2025, totaling LKR 1,830 million—up from LKR 1,231 million in Q1 2024.

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The company’s strong top-line growth reflects its strategic focus on customer acquisition, market expansion, and product innovation.

Regular First Year Premium (FYP) grew by a mammoth 86% over last year demonstrating its ability to attract a broader customer base.

Similarly, the New Business Premiums also surged by 78%, underscoring Janashakthi Life’s growing market share. The company's total assets rose to LKR 38,849 million as of March 31, 2025, a 3% increase from the previous year. The net profit for the quarter stood at LKR 292 million after tax. Janashakthi Life also paid out LKR 782 million in claims and benefits during the quarter, further strengthening its position as a reliable partner for policyholders.