Insurance · Life/Health Insurance
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 2.4B | Rs -8.6M | -0.17 |
| 2024 | Rs 1.9B | Rs 4.6M | 0.09 |
| 2023 | Rs 1.8B | Rs 50.3M | 1.01 |
| 2022 | Rs 1.5B | Rs 54.1M | 1.08 |
| 2021 | Rs 1.1B | Rs 9.6M | 0.19 |
| 2020 | Rs 1.0B | Rs -34.7M | -0.69 |
| 2019 | Rs 1.1B | Rs -29.1M | -0.58 |
No dividend records.
Amana Takaful Life PLC is a specialised life insurer in Sri Lanka operating under the Takaful model, offering life insurance solutions founded on principles of mutuality and ethical practice. The company provides a range of protection and savings products designed to safeguard individuals and families and to support long-term financial resilience. Its product portfolio encompasses protection, savings, health and retirement plans, including unit-linked arrangements and family takaful (life) contracts; the company also earns investment-related income from Mudharaba and fixed term investments and receives fees from fund management activities. As part of the Amana Takaful Group, it focuses on customer-centric service, governance, and responsible financial protection. Amana Takaful Life PLC serves customers across Sri Lanka through an island-wide branch network and aims to expand national reach and inclusion, with particular emphasis on distribution expansion to underserved regions and communities.
ATLL turned profitable in Mar 2026, but a 1.75x P/B against a -1.5% FY25 ROE and a TTM loss leaves little valuation slack until margins deepen.
Read the full report (Jul 31, 2026) →No scored news in the last 30 days.
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.
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.
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.
Softlogic Life Insurance PLC (AAIC.N0000) has completed the 100% acquisition of Allianz Life Insurance Lanka, which will become a fully owned subsidiary and be renamed SL Insurance Lanka Ltd. Softlogic Life reported GWP of Rs. 31,574 billion (17.2% market share) as at Dec 2024 and 25% growth in Q1 2025.
FIU imposed a Rs. 1 million penalty on Amana Takaful Life PLC for failures in AML/CFT compliance; the FIU also collected Rs. 2 million from Indian Bank (total Rs. 3 million), with penalties credited to the Consolidated Fund.
Amana Takaful Life PLC was fined LKR 1,000,000 by the FIU for non-compliance with the Financial Transactions Reporting Act (penalty imposed Dec 18, 2024; paid Dec 30, 2024) for failing to maintain updated designated-person lists and comply with insurer CDD rules.
Amana Takaful Life PLC was fined LKR 1,000,000 by the FIU for failures to maintain updated UN-designated-person lists and to perform required customer due diligence; payment was made on Dec 30, 2024. The FIU collected LKR 3 million in total from Nov–Dec 2024, including LKR 2,000,000 from Indian Bank.
Insurance sector metrics strengthened in 1Q 2026: GWP rose 24.54% to Rs.114,863 million, total assets grew 16.65% to Rs.1,478,777 million, and industry PBT edged up 3.14% to Rs.9,978 million, with Life PBT down 11.5% and General PBT up 28.1%. June services PMI rose to 58.5 with gains in insurance, alongside higher employment and new business. Brokers flagged PDPA and cyber liabilities, highlighting D&O and Cyber insurance.
Auto-generated from 5 sector news articles over 30 days. Not investment advice.