South Asia · LK · LKR
Sri Lanka
ශ්රී ලංකාවஇலங்கை
29 licensed entities supervised by the Insurance Regulatory Commission of Sri Lanka.
- Listed insurers
- 29
- Insurance classes
- 4
- Groups present
- 4
Reinsurance tax on foreign reinsurers
Latest available research by tax type. Treaty relief and transaction conditions can change the result.
- Sri Lanka: Rate not established — Not verified · reviewed 2026-10-06
A sense of place
Beyond the numbers.
Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.
Local names, languages & illustration notes
Selected local names and languages, with links to the references behind this artistic composition.
Sri Lanka
- Sinhala
- ශ්රී ලංකාව
- Tamil
- இலங்கை
Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.
By class of business
Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.
By ownership
Verification log
Verified - full register · IRCSL "Insurance Companies Licensed to carry on Insurance Business" (ircsl.gov.lk/insurance-companies/), retrieved 22 Sep 2026: 29 licensed insurers (long-term, general, NITF) with licence dates and footnotes up to 6 Jul 2026
Reconciled against the IRCSL licensed-insurer list (29 entities, retrieved 22 Sep 2026): 25 rows matched; Allianz Lanka Life recorded as acquired and renamed Softlogic Life Insurance Lanka Limited and HNB Assurance as renamed HNB Life PLC; added Continental Insurance Life Lanka and Life Insurance Corporation (Lanka); MBSL corrected to composite (life in run-off) and NITF to general per the register.
Licensed insurers in Sri Lanka
Scroll horizontally to compare columns.
| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| Allianz Lanka GeneralFWB: ALV Registered as Allianz Insurance Lanka Ltd | GGeneral (Non-life) | AllianzIAIG | Foreign multinational | IRCSL | Verified | — |
| Ceylinco GeneralCSE: CINS.N0000 | GGeneral (Non-life) | Ceylinco | Domestic private | IRCSL | Verified | — |
| Co-operative Insurance Registered as Cooperative Insurance Company PLC | GGeneral (Non-life) | Cooperative | Mutual / cooperative | IRCSL | Verified | 73 Confidence: Low |
| Continental Insurance Lanka | GGeneral (Non-life) | Continental | Domestic private | IRCSL | Verified | — |
| Fairfirst InsuranceTSX: FFH | GGeneral (Non-life) | FairfaxIAIG | Foreign multinational | IRCSL | Verified | 52 Confidence: Low |
| HNB GeneralCSE: HNB.N0000 | GGeneral (Non-life) | HNB | Domestic private | IRCSL | Verified | — |
| LOLC GeneralCSE: LOLC.N0000 | GGeneral (Non-life) | LOLC | Domestic private | IRCSL | Verified | — |
| MBSL InsuranceState-owned | CComposite | Merchant Bank of Sri Lanka | State-owned / parastatal | IRCSL | Verified | 68 Confidence: Low |
| Orient Insurance | GGeneral (Non-life) | Orient | Domestic private | IRCSL | Verified | — |
| People's InsuranceState-owned | GGeneral (Non-life) | People's Leasing | State-owned / parastatal | IRCSL | Verified | — |
| Sanasa General | GGeneral (Non-life) | Sanasa | Mutual / cooperative | IRCSL | Verified | — |
| Sri Lanka Insurance Corp - GeneralState-owned | GGeneral (Non-life) | Government of Sri Lanka | State-owned / parastatal | IRCSL | Verified | — |
| AIA Insurance LankaHKEX: 1299 | LLife | AIA GroupIAIG | Foreign multinational | IRCSL | Verified | 46 Confidence: Low |
| Arpico Insurance | LLife | Richard Pieris | Domestic private | IRCSL | Verified | 52 Confidence: Low |
| Ceylinco LifeCSE: CINS.N0000 Largest private life | LLife | Ceylinco | Domestic private | IRCSL | Verified | — |
| Cooplife Insurance | LLife | Cooperative | Mutual / cooperative | IRCSL | Verified | 73 Confidence: Low |
| Janashakthi Life Registered as Janashakthi Insurance PLC | LLife | Janashakthi | Domestic private | IRCSL | Verified | — |
| LOLC LifeCSE: LOLC.N0000 Registered as LOLC Life Assurance Limited | LLife | LOLC | Domestic private | IRCSL | Verified | — |
| Sanasa Life | LLife | Sanasa | Mutual / cooperative | IRCSL | Verified | — |
| Softlogic Life | LLife | Softlogic | Domestic private | IRCSL | Verified | — |
| Sri Lanka Insurance Corp (SLIC) - LifeState-owned Segregated 2024; Registered as Sri Lanka Insurance Corporation Life Limited | LLife | Government of Sri Lanka | State-owned / parastatal | IRCSL | Verified | 92 Confidence: Low |
| Union Assurance | LLife | John Keells | Domestic private | IRCSL | Verified | — |
| National Insurance Trust Fund (NITF)State-owned National reinsurer; Registered as National Insurance Trust Fund | GGeneral (Non-life) | Government of Sri Lanka | State-owned / parastatal | IRCSL | Verified | — |
| Amana Takaful General Registered as Amana Takaful PLC | TTakaful / Islamic | Amana | Domestic private | IRCSL | Verified | — |
| Amana Takaful Life | TTakaful / Islamic | Amana | Domestic private | IRCSL | Verified | — |
| Continental Insurance Life Lanka Ltd Ownership not researched; the name suggests the life sister of Continental Insurance Lanka Ltd (row 860) but no source consulted says so. | LLife | Parent not named in register | Domestic private | IRCSL | Verified | — |
| Life Insurance Corporation (Lanka) Ltd. Ownership not researched; the name suggests Life Insurance Corporation of India, which would make it FM, but no source consulted establishes it (company site unreachable from this environment). | LLife | Parent not named in register | Domestic private | IRCSL | Verified | — |
| Softlogic Life Insurance Lanka Limited Formerly Allianz Life Insurance Lanka Ltd; renamed after its acquisition by Softlogic Life Insurance PLC (IRCSL register footnote). Successor of row 870 Allianz Lanka Life. | LLife | Softlogic | Domestic private | IRCSL | Verified | — |
| HNB Life PLCCSE: HNB.N0000 Formerly HNB Assurance PLC (renamed April 2026). Successor of row 874 HNB Assurance; group carried over from that row. | LLife | HNB | Domestic private | IRCSL | Verified | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
Former and deregistered companies
Names once listed in Sri Lanka and no longer in use. A company that was renamed, merged or acquired is counted under the name it has today; the names below are counted in no total on this page.
| Former name | What happened | Listed today as |
|---|---|---|
| Allianz Lanka Life | Acquired | Softlogic Life Insurance Lanka Limited |
| HNB Assurance | Renamed April 2026 | HNB Life PLC |
South Asia
