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People’s Insurance reports 33% GWP revenue growth
Daily FT
|August 22, 2025
PEOPLE’S Insurance PLC yesterday said Gross Written Premium (GWP) revenue grew 33% from a year earlier to Rs. 3.7 billion in the first half of 2025.
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This marks one of the highest GWP growth rate among Sri Lanka’s general insurers for the June 2025 quarter, the company said, adding that growth was broad-based, with all major business segments delivering strong year-on-year performance.
The Motor Insurance segment remained the largest contributor to revenue, accounting for 77% of total GWP and posting a 40% increase from the previous year. The Fire Insurance segment also performed strongly, achieving 19% growth over the same period last year.
People’s Insurance settled claims amounting to Rs. 1.4 billion in 1H 2025.
Esta historia es de la edición August 22, 2025 de Daily FT.
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