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Sri Lanka Insurance Life Declares Industry's Largest Bonus of Rs. 12.5 Billion to Policyholders
Daily FT
|July 17, 2025
Unmatched track record with cumulative bonus declarations surpassing Rs. 116.6 Billion since 2006
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Sri Lanka Insurance Life (SLICLL), reinforcing its position as the strongest and most trusted life insurer in the country, has once again set an industry benchmark by declaring an unprecedented Rs. 12.5 Billion bonus to its policyholders for the year 2024, the highest annual Life Insurance bonus in the Sri Lankan Life insurance industry.
This declaration brings the cumulative bonus paid to policyholders since 2006 to a remarkable Rs. 116.6 Billion, further solidifying Sri Lanka Insurance Life's unbroken record of delivering the highest bonus year after year.
In a year marked by evolving economic dynamics, Sri Lanka Insurance Life demonstrated unwavering resilience and financial stewardship. The company's asset base grew to Rs. 238.6 Billion, while it continues to maintain the largest Life Insurance fund in the industry at Rs. 213.2 Billion. On average, over Rs. 1 Billion in maturity and claims are settled monthly, totaling approximately Rs. 12.9 Billion annually in addition to the annual bonus, underscoring the company's sound investment management strategies and its unrelenting commitment to policyholder protection.
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