Company filings, disclosures and news on Arpico Insurance Plc (AINS), Life/Health Insurance on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
Arpico Insurance PLC appointed Naresh Tillekeratne to its Board of Directors; he brings over 35 years' experience in international banking, risk management and senior leadership to support the company's governance and growth.
Richard Pieris Finance reported Profit Before Taxes of Rs.701.6 million for the year ended 31 March 2026. Profit after tax was Rs.448.7 million (up 76%), total assets Rs.24.57 billion, customer deposits Rs.11.68 billion, loans Rs.10.84 billion, and Fitch affirmed A(lka) Stable.
The IRCSL hosted the OECD–ADBI roundtable in Colombo and unveiled a new vision and roadmap aiming to double Sri Lanka's insurance penetration to 3% of GDP by 2030/2035. The two-day forum brings policymakers and industry together to discuss regulatory reform, climate risk and data-driven insurance solutions.
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.
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.
Arpico Insurance PLC has appointed Jayalal Hewawasam as its new Chief Executive Officer. Hewawasam brings over 25 years' experience, including as CEO of Allianz Life Insurance Sri Lanka, and the company is a subsidiary of Richard Pieris & Company PLC.
Ceylinco Life appointed industry veteran Dr Kelum Senanayake as a Consultant to lead training and support product design and development. The hire draws on his 40+ years in insurance and prior senior roles at Arpico Insurance, Union Assurance and Richard Pieris-related companies.
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