Company filings and market news from across Sri Lanka's stock market.
HNB General Insurance Limited (HNBGI) won the Inter-Insurance/Broker Company Quiz Competition 2025 on June 6, emerging champion among 24 teams at the Sri Lanka Insurance Institute event. The victory is HNBGI’s first at the annual competition and highlights the company’s focus on professional development.
Sri Lanka sold Rs175bn of Treasury bills with yields mostly flat; 3-month 7.55% (25bn offered, 15bn sold), 6-month 7.72% (60bn offered, 83.5bn sold), 12-month 7.94% (90bn offered, 76.4bn sold). 339bn bids received; settlement June 13.
Seylan Bank PLC signed an MoU on 10 April with Amana Takaful General PLC to distribute Amana Takaful's motor, health, fire and property insurance products through Seylan's branch network nationwide. The partnership aims to expand insurance access and strengthen Seylan's bancassurance offerings.
SLYCAN Trust presented draft MAP guidelines on June 5 to stakeholders to strengthen climate and disaster risk finance and insurance for food systems, tourism and apparel in Sri Lanka.
AIA Sri Lanka was named Best Life Insurance Company in Sri Lanka for the sixth time by Capital Finance International and Global Banking and Finance Review. The company says its capital adequacy ratio well exceeds regulatory requirements and it is expanding digital distribution and wellness offerings.
Ceylinco Life hosted 20 policyholders and their family members on a four-night, five-day Shanghai holiday as part of its 18th Family Savari promotion. In total 265 policyholders (1,060 individuals) have won Family Savari prizes this edition, with additional Malaysia trips planned.
AIA Sri Lanka was named Best Life Insurance Company in Sri Lanka for the sixth time by Capital Finance International and Global Banking & Finance Review. The company highlights capital adequacy ratios well above regulatory requirements and ongoing digital, distribution and wellness expansion.
Dividend · Rs 0.05
Final dividend of LKR 0.05/share; FY 31st December 2024
LOLC Holdings PLC has appointed Ishara Nanayakkara as Executive Chairman with immediate effect. He previously served as Executive Deputy Chairman and brings over two decades of leadership, notable expansion into MSME finance and renewable energy, and experience diversifying the Group's businesses.
World Bank report says private sector-led adaptation could avoid about one-third of South Asia's projected climate damage and urges policy reforms to expand finance, remove market barriers and invest in infrastructure and services such as roads, drainage, power, mobile networks and healthcare.
World Bank report says private-sector-led adaptation in South Asia could reduce about one third of projected climate damage and calls for policy reforms to expand finance, weather-indexed insurance, resilient technologies and public infrastructure like roads, power and digital connectivity.
Ceylinco Life graduated 43 sales officers with diplomas in Financial Sales Management from a nine-month SLIM programme; the bespoke course covered financial planning, communication, financial markets and taxation to boost the insurer's salesforce capabilities.
HNB Assurance Group reported Rs. 8.0 billion GWP in Q1 2025, up 30% YoY, with group profit rising 28% to surpass Rs. 300 million. Life GWP was Rs. 4.5bn (36% growth) and General Insurance GWP Rs. 3.6bn (23%), while the group readies for SLFRS 17 and digital rollouts.
MillenniumIT ESP, Cisco and Inflow Technologies hosted “Trust. Protect. Secure.” at Cinnamon Life to showcase Cisco’s Email Security, Secure Access and Secure Networking to nearly 40 senior IT and cybersecurity leaders from Sri Lanka’s BFSI sector.
HNB General Insurance senior managers Ruwan Weerasinghe and Suranga Rosa were named Great Managers at the 2024 Great Manager Awards. The company also noted being named Sri Lanka’s Most Awarded General Insurance Company for 2024 and a Fitch rating upgrade to 'A(lka)'.
Sri Lanka sold Rs20,000 million of Treasury bonds via the Direct Issuance Window on June 2 at weighted average yields of 8.85% (01 Jul 2028), 9.47% (15 Dec 2029) and 10.46% (15 Sep 2034). The issue raised the maximum offered amount from a total market subscription of Rs54,274 million.
The Insurance Association of Sri Lanka appointed its 2025/26 office bearers at the AGM, naming HNB Assurance CEO Lasitha Wimalaratne as President. Amana Takaful CEO S. Karthigun was appointed Secretary, while Softlogic Life's Roshan Peiris and LOLC's Dinusha Thilanka were named to IASL subcommittee leadership roles.
Sri Lanka sold Rs16.2 billion of on-tap Treasury bills at average yields of 7.77% (6-month) and 7.98% (12-month). Total market subscription was Rs29,858 million and the settlement date is May 30.
Janashakthi Insurance PLC (Janashakthi Life) reported a 49% YoY rise in gross written premiums to Rs. 1,830 million in Q1 2025 and a net profit of Rs. 292 million. Regular first-year premiums jumped 86% YoY and total assets stood at Rs. 38,849 million.
Sri Lanka sold 200 billion rupees of government bonds across 2028, 2029 and 2034 at average yields of 8.85%, 9.47% and 10.46% respectively; settlement is June 2.
Janashakthi Insurance PLC (Janashakthi Life) posted 49% YoY growth in Q1 2025 Gross Written Premiums to LKR 1,830m and reported net profit of LKR 292m. Regular FYP rose 86%, New Business Premiums +78%, total assets LKR 38,849m and claims paid LKR 782m.
John Keells Holdings (JKH) reported recurring EBITDA up 12% to Rs.50.43bn for FY2024/25 excluding City of Dreams Sri Lanka, with group recurring PBT (ex-City of Dreams) rising 60% to Rs.22.93bn. City of Dreams pre-opening costs weighed on reported EBITDA while WCT-1 began commercial operations and Nuwa is due to open Aug 2025.
John Keells Holdings posted March 2025 quarter profit down 71% to 1.9 billion rupees, weighed by higher depreciation and interest charges on its Cinnamon Life project. Finance costs rose 99% to 4.8 billion rupees while group revenue increased 11% to 89.5 billion rupees.
The Central Bank of Sri Lanka held a Financial Stability Conference on 23 May in Colombo to mark its 75th anniversary, convening regional and international experts to discuss regulation, macroprudential policy, crisis management, and climate risk/sustainable finance.
The Central Bank of Sri Lanka held a Financial Stability Conference in Colombo on 23 May 2025 to mark its 75th anniversary and highlight efforts to preserve financial system stability. Panels covered regulation and supervision, macroprudential policy, crisis management and resolution, and climate risk and sustainable finance.
Allianz Insurance Lanka Limited launched "SheResumes", a program offering re-skilling, career coaching and job-placement support to help women return to work; it is open to female professionals with over four years' experience who have been out of full-time employment for at least three years.
The FSB Regional Consultative Group for Asia met in Colombo on 22 May 2025, hosted by the Central Bank of Sri Lanka, to discuss regional financial vulnerabilities, cross-border payments, non-bank financial intermediation and securitisation market reforms.