Ceylinco Life Insurance Limited


Our Standing

Our Leadership

Ceylinco Life is the undisputed market leader in Sri Lanka’s life insurance industry for 13 consecutive years; since 2004. Covering close to a million lives by active policies, we are benchmarked for innovation in the local insurance industry for product research and development, customer service, professional development and corporate social responsibility. Adjudged ‘Best Life Insurer in Sri Lanka’ for a third consecutive year by World Finance is a strong endorsement of the strength and stability of our Company.

  • Largest Branch Network
    With the widest geographical footprint in the industry of a network of 259 branches, our operations span across the island’s 25 districts with a physical presence in 142 cities, towns and villages.
  • Professional Sales Force
    Our Company is strengthened by the highest number of qualified staff members in the insurance field. We also remain number one in Sri Lanka’s life insurance sales, employing the largest sales team of 3,915 sales officers who are acclaimed for their professionalism and integrity. Winning seven awards at the 2016 National Sales Congress (NASCO) is a testament of this fact.
  • Unique Value Addition
    Benchmarked for innovation, we offer innovative products and attractive value addition to our policyholders. In particular, Ceylinco Life Family Savari is the largest customer promotion in Sri Lanka’s insurance industry which has benefited more than 17,000 people to date. We have invested over Rs. 110 Mn to nurture more than 2,000 future leaders under the Pranama scholarship scheme.
  • Commitment to Society and well-being
    Our dedication to our Nation is evidenced through the many sustainability initiatives conducted for the communities around us. We are also the first Life Insurance Company in Sri Lanka to open eco-friendly branch buildings and our head office has the largest solar energy installation in Colombo. Under our ‘Go Green’ sustainability drive in 2016, over 4,000 trees were planted in a short time span of one week.
  • Financial Stability
    The financial strength and stability of our Company is reflected in our financial performance. In particular, we have the fastest growing Life Fund in the industry which has grown to Rs. 78 Bn in just 27 years. Over the years, we have recorded an year on year growth in profitability and our asset base has grown to Rs. 96.5 Bn.
  • Product Range
    We have launched several tailor-made products to our wide customer-based in line with our unique positioning ‘A Relationship for Life’. Benchmarked for innovation, we offer innovative products to our policyholders catering to suit each stage of their life. Each of our products offer a ‘unique’ proposition based on needs arising throughout their life ensuring that we maintain ‘A Relationship for Life’ with our policyholders.


Scale of Operations

Life Insurance Business Year ended 31
December 2016
Year ended 31
December 2015
Our Strength      
Gross Written Premium (Rs. Mn) 15,028 13,457 11.67
Net Policyholder Benefits (Rs. Mn) 6,651 5,957 11.67
Investment and Other Income (Rs. Mn) 8,780 6,741 30.26
Our Stability      
Life Insurance Fund (Rs. Mn) 77,925 68,012 14.58
Investments (Rs. Mn) 80,751 67,140 20.27
Our Solvency Position (Solvency Ratio/Capital Adequacy Ratio)*      
Available Solvency Margin (Rs. Mn) 19,509  
Required Solvency Margin (Rs. Mn) 2,365  
Solvency Ratio (Times) 8.25  
Minimum CAR Required by Regulator 120%  
Capital Adequacy Ratio (CAR) 335%  

* The IBSL Replaced Solvency Regime by Risk Based Capital (RBC) w.e.f. 2016.

We have the fastest growing Life Fund in the industry which has grown to Rs. 78 Bn in 2016