Company filings, disclosures and news on Amana Takaful Life PLC (ATLL), Life/Health Insurance on the Colombo Stock Exchange.
Amana Takaful held its Annual Awards 2025 on 24 June 2026 at Shangri-La Colombo, presenting over 250 awards across Amana General Insurance and Amana Life Insurance. Afzal Ibrahim was named Champion of Champions for Amana General; Somasuntharam Surenther won Champion of Champions for Amana Life.
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.
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.
Amana Takaful PLC and Amana Takaful Life PLC were named Sri Lanka’s Most Awarded Insurance Company for 2026 by LMD Magazine, marking a third consecutive year of the recognition. The awards notably cited digital excellence and the group's investments in digital capabilities, process improvements and customer-focused 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.
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.
Amana Takaful PLC relaunched a unified mobile app combining Life and General insurance services, serving over 18,000 users. The app adds improved performance and features including instant claims intimation, real-time tracking, premium payments, digital e-cards, life fund management, telemedicine and wellness tools.
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