Insurance Companies.

It always pays to be prepared is a common dictum. But, it is equally true that to be prepared without recourse to adequate resources, could prove devastating in an emergency. Click on the name of the insurance company of your choice from the list of insurance companies provided here to choose the insurance product that you require to mitigate your personal and corporate risk.

Insurance Companies Licensed to carry on Insurance Business

Name of Insurer Class of Insurance Effective date of Licence
Sanasa General Insurance Company Limited General Insurance July 1, 2019
MBSL Insurance Company Limited Long Term Insurance - April 1, 2005
General Insurance - August 2, 2005
Sri Lanka Insurance Corporation Ltd General and Long Term Insurance February 3, 1993
Sanasa Life Insurance Company Limited Long Term Insurance July 8, 2003
People’s Insurance PLC General Insurance December 2, 2009
Orient Insurance Limited General Insurance October 15, 2011
National Insurance Trust Fund General Insurance (Came under the purview of the Commission) February 7, 2011
LOLC Life Assurance Limited Long Term Insurance April 30, 2010
LOLC General Insurance Limited General Insurance October 1, 2015
Life Insurance Corporation (Lanka) Ltd. Long Term Insurance December 18, 2002
HNB General Insurance Ltd General Insurance January 1, 2015
HNB Assurance PLC Long Term Insurance August 30, 2001
Cooplife Insurance Limited Long Term Insurance January 1, 2015
Cooperative Insurance Company Ltd General Insurance September 18, 1998
Continental Insurance Lanka Ltd General Insurance December 18, 2009
Ceylinco Life Insurance Limited Long Term Insurance June 1, 2005
Ceylinco General Insurance Limited General Insurance June 1, 2015
Fairfirst Insurance Limited General Insurance January 1, 2015
Softlogic Life Insurance PLC Long Term Insurance March 8, 2000
Arpico Insurance PLC Long Term Insurance October 20, 2011
Amana Takaful Life PLC Long Term Insurance January 1, 2015
Amana Takaful PLC General Insurance February 1, 2002
Allianz Life Insurance Lanka Ltd Long Term Insurance July 1, 2008
Janashakthi Insurance PLC Long Term Insurance August 12, 1994
Union Assurance PLC Long Term Insurance January 8, 1987
Allianz Insurance Lanka Ltd General Insurance January 1, 2015
AIG Insurance Limited General Insurance December 13, 1999
AIA Insurance Lanka Ltd Long Term Insurance December 16, 1987

* AIG Insurance Ltd. - No longer accepting any new insurance business and are in the process of exiting from Sri Lanka.

Union Assurance PLC  -  Union Assurance General Limited has been amalgamated with Fairfirst Insurance Limited with effect from 28th February 2017
Allianz Insurance Lanka Ltd  -  “Allianz Insurance Lanka Limited registered as an insurer and licensed by IRCSL to carry on general insurance since 29th September 2004, has been amalgamated with Janashakthi General Insurance Limited with effect from 28th September 2018. After the amalgamation, license of Allianz Insurance Lanka Limited was cancelled and Janashakthi General Insurance Limited became the surviving entity which was renamed as Allianz Insurance Lanka Limited.”
AIA Insurance Lanka Ltd  -  AIA General Insurance Lanka Limited has been amalgamated with Janashakthi General Insurance Limited with effect from 29th January 2016