Ceylon Land and Equity PLC appointed Kishan Vairavanathan as an Independent Non-Executive Director. Vairavanathan is currently an Independent Non-Executive Director of Galle Face Capital Partners and has held senior roles at Janashakthi, Capital Alliance and NDB stockbrokers.
Ada Derana·Jan 22, 2026·Promotional / marketingPositive
Janashakthi Life (Janashakthi Insurance PLC) completed its Year 5 Shilpashakthi scholarship seminars across more than 30 schools, reaching over 5,000 students. A raffle will select five tablet winners to be announced later; Janashakthi Life is a subsidiary of Janashakthi Limited.
Flash Health raised a $200,000 seed round led by nVentures to scale its cashless outpatient (Cashless OPD) platform. The startup highlighted partnerships with insurers including Union Assurance, Janashakthi Insurance and HNB Assurance and will use funds to deepen insurer integrations, expand homecare and medicine delivery.
Flash Health raised US $200,000 in a seed round led by nVentures to scale its cashless outpatient (Cashless OPD) platform in Sri Lanka. The startup partners with insurers including Union Assurance and Janashakthi Insurance to offer cashless consultations, medicine delivery, telemedicine and homecare services.
Janashakthi Life is the title sponsor of the Janashakthi Life – ICA International Half-Marathon 2025 in Colombo, which is sold out with over 2,000 participants and a Rs.5,700,000 prize pool. Other sponsors include Dialog and Lanka IOC, and proceeds will support ICA charitable initiatives including organ donation awareness.
Tourism
Daily FT·Dec 6, 2025·Award or certificationPositive
Janashakthi Limited (JXG) held a Holistic Leadership Summit 2025 to promote human-centred leadership, psychological steadiness and talent retention across the Group.
Senthilverl Holdings increased its stake in Serendib Land PLC to 38.3% by buying 12.85% from Janashakthi Insurance for nearly Rs.77 million (51,094 shares at Rs.1,500 and 158 shares at Rs.1,580–1,651.50). Serendib Land reported an unaudited NAV of Rs.1,797.83/share as of 30 June and its public float was under 11%.
Daily FT·Nov 18, 2025·Award or certificationPositive
Janashakthi Life posted a 249% rise in net profit to Rs. 2.793 billion in Q3 2025 and 72% YoY growth in Regular New Business to Rs. 1.227 billion. Total assets rose to Rs. 41.508 billion, claim payouts were Rs. 2.603 billion, the A- rating was affirmed and the company is investing in digital infrastructure.
IT & Digital
Ada Derana·Nov 10, 2025·Earnings & resultsPositive
Janashakthi Insurance PLC reported Q3 2025 net profit of LKR 2.793 billion, a 249% year‑on‑year increase. Regular new business rose 72% y/y to LKR 1.227 billion, total assets reached LKR 41.508 billion and the firm plans further digital investment; Lanka Rating affirmed an A- rating.
IT & Digital
Ada Derana·Oct 27, 2025·Promotional / marketingPositive
InsureMe, Sri Lanka’s largest end-to-end digital insurance aggregator, offers a platform and proprietary solutions (DigiEye, DigiMed, DigiEx) that let customers compare/purchase/manage policies and help insurers modernize operations.
IT & Digital
Daily FT·Oct 13, 2025·Award or certificationPositive
Janashakthi Insurance (Janashakthi Life) was awarded an A- credit rating by Lanka Rating Agency, citing strong governance and capital adequacy. The company reported Q2 YTD GWP Rs.3,769m and net profit Rs.1,318m, with 49% Q1 GWP growth.
Janashakthi Life (a subsidiary of Janashakthi Group) recognised over 120 high performers at its Mid-Year Awards 2025 on 8 September, with more than 60 winners receiving Star Class hotel stay packages.
The Lanka Alzheimer’s Foundation will hold two World Alzheimer’s Month events in Colombo: a 5 km 'Run to Remember' on 13 Sept and a 'Memory Walk' on 27 Sept (entrance Rs.300), with sponsors including Janashakthi Insurance.
Ramp Up 2025, a WCIC fashion showcase on 9 Sept at Hilton Colombo, will spotlight women-led designers and is sponsored by companies including Sampath Bank (SAMP.N0000), Ceylon Cold Stores (CCS.N0000) and Janashakthi Insurance (JINS.N0000).
Janashakthi Insurance (JINS.N0000) reported Q2 YTD 2025 net profit of Rs.1,318 million, up 70% year-on-year, with first-year premiums +61% and GWP of Rs.3,769 million (+27% YoY). Total assets rose to Rs.39 billion and regular first-year new business premiums surged 73%.
Ada Derana·Aug 15, 2025·Earnings & resultsPositive
Janashakthi Insurance (JINS.N0000) reported Q2 YTD 2025 net profit of LKR 1,318m, up 70%, with first-year premiums up 61% and GWP of LKR 3,769m. As JXG's flagship, the insurer also grew regular long-term business 32% and new regular first-year premium 73%, citing digital and distribution expansion.
IT & Digital
Daily FT·Jul 23, 2025·Award or certificationPositive
Janashakthi Insurance (JINS.N0000) was named Best Life Insurance Company for Digital Transformation — Sri Lanka 2025 by the UK Global Banking & Finance Awards. The company highlighted its next-generation Agent Virtual Office, RPA in underwriting and claims, a digital customer portal, AI-driven recommendations and a customer app as key initiatives.
IT & Digital
Ada Derana·Jul 22, 2025·Award or certificationPositive
Janashakthi Insurance Company PLC (Janashakthi Life) was named Best Life Insurance Company for Digital Transformation – Sri Lanka 2025 by the UK-based Global Banking & Finance Awards. The award recognises its digital initiatives including a customer app, digital Agent Virtual Office, RPA and AI-driven product tools.
Profit-taking dragged the Colombo market down, with ASPI closing 8 points lower (‑0.04%) at 18,877 on turnover of Rs.6.2bn and foreign net selling of Rs.115.2m. COMB, MELS, SAMP and NDB were top negative contributors while JETS, SERV and AEL recorded gains.
TourismConstruction Activity
Ada Derana·Jul 11, 2025·M&A / stake changeNegative
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.
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.
IT & Digital
Ada Derana·May 28, 2025·Earnings & resultsPositive
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.
Janashakthi Limited (JXG.N0000) is reviving the Iconic business awards as the 'CIMA - JXG Pinnacle Awards 2025', to be held on 11 June 2025 at Cinnamon Life. The event, originally initiated by Janashakthi Insurance (JINS.N0000), will feature eight award categories recognising corporate leadership and innovation.