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HNB Assurance leads industry with Q3 GWP growth of 38%
Daily FT
|November 10, 2025
HNB Assurance PLC (HNBA) has announced a strong financial performance for the nine months ended 30 September 2025, posting a 38% year-on-year growth in Life Insurance Gross Written Premium (GWP), highest growth among life insurers in Sri Lanka.
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In a statement it said this exceptional performance underscores the HNBA’s unshakeable tenacity for pushing the envelope of performance, disciplined execution, and unwavering commitment to providing protection and savings solutions that meet the evolving needs of Sri Lankan families.
The Life Insurance business generated a Gross Written Premium of Rs. 13.74 billion up 38%. Total assets of the Company grew by 18% to Rs. 63.2 billion while the Life Fund expanded by 24% to Rs. 47.4 billion, signalling both strong topline growth and prudent fund management. Profit before tax excluding Life Surplus Transfer stood at Rs. 876 million, reflecting an increase of 13%, while profit after tax rose 12% to Rs. 617 million.
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