Company filings and market news from across Sri Lanka's stock market.
HNB Life PLC marked its 25th anniversary by ringing the Colombo Stock Exchange opening bell in a special ceremony, commemorating its evolution from HNB Assurance to the rebranded HNB Life and reaffirming its focus on life insurance.
Hatton National Bank (HNB) says sustainability is a core strategic imperative, citing its successful Rs. 10 billion Sustainability Bond issuance and its decision to exclude coal financing. The bank urged board-level governance, better climate data and alignment with CBSL’s Sustainable Finance Roadmap 2.0 and the SLSBI to integrate sustainability across Sri Lankan banks.
HNB Life (HASU.N0000) has launched the HNB Life Mobile App, giving customers on-the-go access to policy details, requests and support; the app is available on Google Play and the Apple App Store. The move follows recent digital upgrades including AI integrations and the HANA chatbot.
Hatton National Bank (HNB.N0000) was named Sri Lanka's Best Bank for Large Corporates at the Euromoney Awards for Excellence 2026, its second time winning the title. The bank cited involvement in a USD 1bn sustainability-linked syndication, LKR 44.5bn financing for a 350MW power project and investments in digital and transaction banking.
HNB General Insurance appointed Lakshman Silva as Non-Executive/Nominee Director and Sandra De Zoysa as Independent/Non-Executive Director to its board. The appointments are intended to strengthen governance and drive digital/CX transformation as the insurer scales its platforms and customer service architecture.
HNB Life PLC won three Gold awards in the Quality Improvement Project Category at the National Convention on Quality and Productivity 2026. The recognised projects target customer experience, operational efficiency and workforce empowerment using technology-driven innovation.
A seminar on Beneficial Ownership compliance will be held on 22 July 2026 at The Kingsbury, Colombo to provide guidance on BO filings under the Companies Act No. 12 of 2025 and CBSL Direction 2 of 2026, highlighting the statutory BO filing deadline of 30 September 2026 and non-compliance risks.
HNB Life PLC signed a Memorandum of Understanding with the Government Medical Officers' Association to offer GMOA members tailored life insurance solutions and exclusive benefits. The partnership aims to provide protection and long-term financial planning support for medical professionals.
SLFRS 17 (IFRS 17) adoption will reshape Sri Lanka's life insurance sector, with reporting for the first two quarters deferred until 30 Sep 2026; insurers say the standard will shift focus from premium volumes to insurance service revenue, CSM visibility and protection products, and may encourage consolidation.
CEOs of Softlogic Life (AAIC.N0000), Union Assurance (UAL.N0000) and HNB Life (HASU.N0000) warned inflation, weak household incomes and potential taxation of insurance proceeds are limiting Sri Lanka's life-insurance growth and urged tax incentives and regulatory support.
HNB Life PLC (HASU.N0000) launched 'Privileged Protect', a universal life insurance product offering shorter premium-paying terms with continued long-term coverage, investment growth, six compulsory protection benefits, dividend/loyalty entitlements, partial withdrawals after 5 years and maturity-to-income conversion.
HNB General Insurance appointed Dilshan Perera as Chief Operating Officer. Perera, formerly the insurer's Chief Transformation Officer with 20+ years' experience in digital transformation and insurance, will lead operational and strategic initiatives at the HNB Life PLC subsidiary.
HNB Life PLC (HASU.N0000) said its Partnership Channel surpassed Rs. 10 billion in gross written premium, rising 58%, and won 'Best Life Bancassurance Provider – Sri Lanka' for the sixth consecutive year. The channel also posted 58% NBP growth and its highest-ever MDRT/COT/TOT achievers, and thanked parent Hatton National Bank (HNB.N0000).
HNB Life PLC reported Gross Written Premium of Rs.7.01 billion for the quarter ended 31 Mar 2026, up 54% y/y. Net written premium rose 54% to Rs.6.69bn, profit after tax was over Rs.210m, and total assets reached Rs.71.38bn.
HNB Life (HASU.N0000) reported 28% growth in Gross Written Premium and 25% growth in New Business Premium in 2025 and hosted its first Sales Convention under its new brand. The adviser channel also recorded a record 132 MDRT qualifiers, up 51% year-on-year.
IRCSL and the Insurance Association launched a national Insurance Industry Development Roadmap to double penetration by 2030 and triple it by 2035, proposing mandatory home insurance and government-backed schemes. The plan also includes a digital motor insurance card, e-KYC, bancassurance and capital/reinsurance initiatives.
HNB Life (HASU.N0000) has launched the "Wing for Life" brand campaign as it rebrands from HNB Assurance to mark 25 years of operations. The integrated campaign will run across multiple platforms to promote the company's renewed identity and customer proposition.
HNB Assurance PLC has rebranded to HNB Life PLC, unveiling a new corporate identity as part of a strategic transformation marking its 25th anniversary. Management highlighted strong recent performance, plans to build a digitally enabled, customer-centric insurer, and thanked parent Hatton National Bank PLC for support.
HNB Assurance PLC has rebranded to HNB Life PLC as a strategic transformation marking 25 years, citing strong recent growth and a move to a digitally enabled, customer-focused life insurer.
President Anura Kumara Dissanayake chaired a meeting with bank and financial institution heads to launch the National QR Payment Promotion Initiative and seek banking sector support for rapid adoption. The Central Bank said the shift will reduce ATM cash transaction costs and offer a more efficient, secure payment method.
The Insurance Association of Sri Lanka launched a revamped official website (www.iasl.lk) to improve digital access, industry insights, regulatory updates and member services. The platform is mobile-responsive, searchable and aimed at enhancing transparency and stakeholder access.
HNB PLC has partnered with David Pieris Automobiles to offer exclusive leasing solutions for GWM vehicles in Sri Lanka, effective 23 February 2026, providing competitive lease terms, flexible payment/residual options, discounted insurance via HNB General Insurance and complimentary life cover via HNB Assurance.
The Insurance Association of Sri Lanka launched a revamped official website (www.iasl.lk) to boost digitalisation, transparency and stakeholder access for member insurers. The mobile-responsive site features a searchable resource library, regulatory updates and refreshed content for member companies, policyholders and regulators.
HNB Assurance reported a record 256 MDRT qualifiers in 2025 (up from 222 in 2024), including 33 COT and 8 TOT qualifiers. The company credited technology-enabled training, AI sales tools and stronger bancassurance partnerships for the improvement.
HNB PLC reported Group profit after tax of Rs 49.8 Bn for 2025 and proposed a total dividend of Rs 20.00 per share. Group gross loans topped Rs 1.5 Tn, deposits reached Rs 1.96 Tn, Net Stage 3 ratio improved to 1.09%, and net fee income rose 28.9%.
Dividend · Rs 5.00 · XD Mar 31, 2026
First And Final dividend of LKR 5/share; XD 2026-03-31; record 2026-04-01; payable 2026-04-23; FY 31st December 2025
Banks across Sri Lanka are intensifying AML/CFT controls ahead of the country's third mutual evaluation, warning a negative outcome would damage financial credibility and access to funding. Leading banks such as DFCC and HNB report system upgrades, AI-backed transaction monitoring, stronger KYC/UBO processes and mock evaluations.
HNB Assurance PLC launched NAVI, an AI-powered, voice-enabled digital trainer to give banca staff instant access to product, policy and process information to support on-the-job learning and customer interactions.
HNB MD/CEO Damith Pallewatte highlights HNB’s Sarusara agripreneur programme (15,000 participants to date, 30,000 target) and a 2026–2030 strategic plan. He warns of banking-sector challenges (liquidity, asset quality, digital risk) and urges ecosystem-building across exports, agriculture, tourism and digital services.