Company filings and market news from across Sri Lanka's stock market.
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%.
Fort Magistrate's Court overruled objections and fixed for trial on 25 March a case against Tysers Insurance Brokers Ltd, accused of breaching the Regulation of Insurance Industry Act over a NITF reinsurance tender (premium ~Rs.1 billion) for 2024/25.
Net liquidity surplus rose to Rs. 322.93 billion (highest in 22 years) as the CB drained liquidity via repos; weekly T‑Bill yields fell for a sixth straight week and a Rs. 140 billion Treasury Bond auction across three maturities is scheduled (settlement 3 Mar 2026).
Allianz Insurance Lanka has strengthened its partnership with MegaPay (operator of Pay&Go) to allow policyholders to make insurance payments and purchase third-party cover via Pay&Go’s network of 1,000+ multilingual self-service kiosks and digital channels across Sri Lanka.
Janashakthi Life (a subsidiary of Janashakthi Group) donated books, school bags, stationery and a multimedia projector to Maho/Bakmeewewa Primary School to help students resume learning after Cyclone Ditwah.
Janashakthi Limited (JXG) is pursuing an integrated group strategy across Janashakthi Life, First Capital and Janashakthi Finance to deepen its financial services, drive digital transformation and expand domestically and regionally by 2026.
Insurance Regulatory Commission reports total Gross Written Premium reached Rs. 283,613 million in Q3 2025, up 19.48% y/y (long-term +25.06%). Total assets rose to Rs. 1,350,481 million (+15.97% y/y) and sector Profit Before Tax was Rs. 37,380 million in Q3.
The Insurance Regulatory Commission of Sri Lanka and the Credit Information Bureau launched a Centralised Insurance Data Repository to consolidate industry-wide insurance data — starting with motor insurance and later adding health and life — to improve risk assessment, fraud detection and customer service.
Colombo stocks closed in red, with the ASPI down 0.39% (92.40 pts) to 23,690.62 and the S&P SL20 down 0.71% to 6,681.12 on turnover of nearly Rs.3.7bn. Price losses in John Keells, Melstacorp and Nations Trust Bank were key negatives while ACL Cables, Access Engineering and Dialog were top turnover names.
Union Assurance PLC has appointed its CEO Senath Jayatilake to its Board as an Executive Director. He is an Executive Vice President of the John Keells Group, was CEO of John Keells Logistics, and has over 19 years' experience and relevant finance/management qualifications.
Amana Takaful Life PLC's Gold Investment Fund returned 32.4% for the year to December 2025. Its Growth Multiple Fund and Volatile Multiple Fund returned 23.5% and 23.6% respectively, and the company highlighted flexible fund switching and plans to boost investment capabilities and digital platforms.
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
IRCSL and CRIB launched Sri Lanka’s first Centralized Insurance Data Repository, consolidating industry-wide insurance data with motor insurance integrated first. The platform is intended to improve risk assessment and pricing consistency, strengthen fraud detection, and speed up policy issuance and claims handling.
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.
AIA Group says it is optimistic about Sri Lanka's insurance market and aims to help the IRCSL double the market in five years. AIA met regulators, committed Rs.50 million to a national initiative, and engaged bancassurance partners including NDB, DFCC and Commercial Bank to expand insurance access.
The SEC and SLAASMB signed a Memorandum of Understanding to formalize cooperation on oversight of financial reporting and auditing for SEC‑licensed entities, including listed companies, establishing information‑sharing, referrals and joint awareness initiatives.
Colombo bourse ended the week lower: ASPI down 0.40% (96.43 pts) at 23,773.64 and S&P SL20 down 0.32% at 6,721.47. Leading negatives were COMB, CTHR, MELS, BUKI and JKH; banking sector led turnover (23%) and foreign investors were net sellers of Rs. 11.3m.
Sanasa Life Insurance will raise up to Rs. 500 million via a private placement of unrated, unlisted Tier 2 subordinated debentures at 12.50% to restore capital adequacy and seek lifting of its long-term insurance licence suspension. Proceeds will be invested in Treasury bills/bonds held in escrow and payments are subject to a CAR-based lock-in.
The Insurance Regulatory Commission of Sri Lanka (IRCSL) presented a Ten-Year National Insurance Development Roadmap at the 6th Emerging Asia Insurance Conclave in Bangkok, aiming to double insurance penetration by 2030. The regulator highlighted Cyclone Ditwah’s estimated $4.1bn losses (≈4% of GDP) with only 6% insured and outlined reforms including a Customer Confidence-Centric framework, a Market Conduct Supervision Unit, a Policyholders’ Charter, IFRS 17 adoption by 2026, and digital insuran
AIA Insurance Lanka launched 'Vision X', a strategic blueprint to deepen bancassurance partnerships and deliver a digital-first customer experience, highlighting ties with NDB, DFCC, Commercial Bank and Pan Asia Bank.
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.
AIA Insurance Lanka launched 'Vision X', unveiling a bancassurance strategic blueprint and celebrating partnerships with banks including NDB, DFCC, Commercial Bank and Pan Asia, highlighting a digital-first customer experience and strengthened long-term collaboration.
Union Assurance PLC (UAL.N0000) won three awards at the 6th Emerging Asia Insurance Conclave and Awards 2025, including Joint Winner — Best Life Insurance Company of the Year, Best Strategies for Insurance Coverage, and recognition for Women in Insurance Leadership.
Ceylinco Life was named 'Best Life Insurer in Sri Lanka' by World Finance for 2025, marking its 12th consecutive year receiving the award. The accolade recognises the company's operational excellence, financial strength and customer service.
ASPI rose 0.24% to 23,709.84 with turnover above Rs.8.5bn and foreign investors net sold Rs.986.2m. Top positive contributors were HNB, RICH, CTEA, COMB and AEL; TKYO led materials-sector turnover (Rs.2.05bn) and JINS recorded a 7.8% price gain.
Softlogic Life reported FY25 GWP of Rs.40.1bn (27% YoY) and PAT of Rs.4.7bn with ROE at 39%, completed the acquisition of Allianz Life Lanka and secured a USD 15m capital investment from Norfund/OP Finnfund.
Janashakthi Insurance PLC proposed a one-for-three subdivision of ordinary shares, raising issued shares from about 226.5m to about 679.5m, subject to CSE concurrence and shareholder approval. Stated capital remains over Rs.4.8bn and parent Janashakthi Ltd. holds a 74.23% stake.
Public Debt Management Office raised the full Rs. 51 billion on offer across two maturities, issued at weighted average yields of 9.52% (01.03.30) and 10.73% (15.08.36) as secondary bond yields fell amid an elevated liquidity surplus of Rs. 296.71 billion. The USD/LKR closed around Rs. 309.30/309.37 and secondary bond turnover was Rs. 32.71 billion.
Sanasa Life will raise Rs.522.67m via a 1-for-2 Rights Issue (plus a proposed Rs.500m debenture) to bolster solvency, a move projected to lift its CAR to about 100.64% (and to 164% with further measures). The IRCSL has suspended its long-term insurance registration (extended to 3 Mar 2026) and an EGM is set for 25 Feb with acceptances 26–28 Feb.
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.