Company filings and market news from across Sri Lanka's stock market.
The CSE fell, with the ASPI down 4.34% (1,032.15 points) for the week as index-heavy banking and diversified holdings stocks dragged the market. Foreign investors were net sellers (week net outflow Rs.791.2m); large declines came from JKH, HNB and SAMP while ACL, CINS and RAL saw heavy off‑board turnover.
Sri Lanka's finance ministry said debt is on a sustainable trajectory after completion of the debt restructuring, placing debt below IMF DSA targets; yields on the government's international bonds have steadily declined, the ministry reported.
Sri Lanka's tea industry may lose USD 10-15 million per week as the Middle East conflict has halted shipments to the region. About 52% of exports go to the Middle East; auction prices fell ~Rs.50/kg overall and ~Rs.75/kg for low-grown tea, and exporters are seeking government support for cash-flow and added freight/insurance costs.
Fitch says the effective closure of the Strait of Hormuz after Feb 28 is likely temporary and global oil-market oversupply should limit price rises, leaving its December-2025 Brent assumption of USD63/bbl for 2026 largely intact. High inventories and spare OPEC+ capacity reduce near-term disruption risk.
Fitch says the duration of Middle East aviation disruption after the 28 Feb attacks will determine effects on airlines, airports, lodging, insurers and lessors — more than 15,000 flights were cancelled between 28 Feb and 5 Mar, affecting over 1.5m passengers. Fitch's baseline expects the conflict to last under a month limiting rated issuers' exposure, but a prolonged disruption would raise costs (longer routings, higher fuel, accommodation) and hit smaller or less diversified firms.
Insurers have paid Rs. 13,344.9 million in Cyclone Ditwah-related claims, settling about 23% of the estimated Rs. 57,186.7 million in insured losses, the IRCSL said. As of 3 March insurers had received 24,630 claims; motor claims are majority by count (15,935) while non-motor claims account for most of the estimated losses (Rs. 50,782.2 million).
The Insurance Regulatory Commission of Sri Lanka (IRCSL) unveiled a roadmap to double insurance penetration by 2030 and triple it by 2035, noting current penetration at ~0.5% (general) and ~0.6% (life). The plan includes a Digital Motor Insurance Card, a centralised motor insurance data repository, a standard mortality table and regulatory reforms to expand coverage and strengthen oversight.
HNB General Insurance posted Rs.11.0 billion GWP for 2025, a 21% rise y/y and the first general insurer in Sri Lanka to hit Rs.11bn within ten years of operations. The company also reported a 190% capital adequacy ratio, a Fitch upgrade to A (lka), strong asset/FUM growth and significant claims payments (Rs.2.5bn Ditwah cyclone; Rs.4.7bn total).
Sri Lanka's 60+ population is over 18% and could reach 25% by 2041, creating opportunity for a 'Silver Economy' if jobs, savings and care services expand. Low labour participation, limited pensions and a projected 149,076 care-worker shortfall by 2037 require policies on retirement, pensions, insurance and scaled elder-care.
Janashakthi Group reported group revenue of Rs. 21.9 billion and consolidated nine-month PAT of Rs. 3.2 billion for the period ended 31 Dec 2025. Revenue rose 19.2% YoY, total assets were Rs. 163 billion, with contributions from First Capital, Janashakthi Insurance and Janashakthi Finance.
Ainsley J. Alles, deputy chairman of Senaratne Insurance Brokers Ltd, launched his book "Insurance Mastery" and emphasised the importance of disciplined underwriting and professional training. He highlighted emerging exposures such as renewable energy and cyber risk and warned that aggressive growth without underwriting discipline undermines long-term resilience.
Ceylinco Life posted gross written premiums of Rs. 44.18 billion for the year ended 31 Dec 2025, up 18.96%, marking its 22nd consecutive year as market leader. Consolidated income rose to Rs. 72.43 billion, net profit after tax was Rs. 7.85 billion and the Life Fund crossed Rs. 201.81 billion.
Sri Lanka sold 47.83 billion rupees of Treasury bills at Wednesday's auction out of 120 billion offered, with yields mostly flat: 3M 7.63%, 6M 7.92%, and the 12M yield down 1 bp to 8.23%.
Assetline Insurance Brokers (AIBL), a David Pieris Group subsidiary, was awarded a Reinsurance Broking License by the Insurance Regulatory Commission of Sri Lanka, permitting it to handle both insurance and reinsurance placements and access global reinsurance markets. The licence allows AIBL to structure treaty and facultative programmes to improve international reinsurance capacity for local insurers and large corporates.
First Capital Research says March 2026 Iran conflict risks could push Brent to $95–110/bbl and raise Sri Lanka's inflation, external deficits and market volatility, complicating monetary policy. It notes shipping diversions may boost Colombo's transshipment role and that equity corrections could offer selective entry points.
New Media Solutions emerged as the most awarded corporate communications agency at the Effie Awards Sri Lanka 2026, winning two Silver Effies for Daintee, two Bronze for Zesta and multiple Merit finalist recognitions for campaigns for Softlogic Life Insurance.
Sri Lanka Insurance Corporation General launched Adventure Plus, a USD 8 per person, 30-day personal accident cover for tourists that includes medical, accident and emergency evacuation for adventure activities; developed with the SLTDA and planned for future airport-counter rollout.
Ceylinco Life reported gross written premiums of Rs. 44.18 billion for the year ended 31 Dec 2025, up 18.96%, retaining market leadership for the 22nd consecutive year. The company posted consolidated income of Rs. 72.43 billion, PAT of Rs. 7.85 billion, and its Life Fund crossed Rs. 200 billion.
Sri Lanka's outstanding government external debt rose to $37,663 million at 31 Dec 2025, up $425 million from end‑September 2025. Debt restructuring is about 95% complete, stabilising the debt profile and allowing the resumption of regular debt servicing.
CBSL’s H1 2026 Systemic Risk Survey of 147 firms found short-term confidence in the financial system remained positive but medium-term confidence softened, with respondents reporting a higher perceived probability of high-impact negative events amid natural hazards and recent geopolitical tensions and oil-price shocks.
The Central Bank of Sri Lanka will issue a review report tomorrow assessing the potential impact of the ongoing Middle East crisis on Sri Lanka’s economy, the president told Parliament; the evaluation aims to clarify possible effects on the country’s financial sector.
Janashakthi Life reported PAT of Rs.3.42 billion and 67% growth in new business for the year ended December 2025. Gross written premiums rose 31% to Rs.8.65 billion and total assets grew 6% to Rs.40.3 billion as the company expanded distribution and digitisation.
Assetline Insurance Brokers Ltd. (AIBL), a subsidiary of the David Pieris Group, was awarded a Reinsurance Broking Licence by the Insurance Regulatory Commission of Sri Lanka, allowing it to handle both insurance and reinsurance placements. The licence enables AIBL to place treaty and facultative programs and access international reinsurance capacity for local insurers and large corporates.
LOLC Holdings MD/CEO Kapila Jayawardena was named CEO of the Year – Conglomerates at the Global CEO Forum 2025. The award recognises his role in steering LOLC’s expansion and institutional transformation across its diversified group.
Sri Lanka sold Rs14 billion of Treasury bonds on tap, taking weekly bond sales to Rs154 billion; yields were 9.50% (2030), 10.70% (2034) and 10.88% (2037), with settlement on March 3.
Janashakthi Insurance Company PLC (Janashakthi Life) reported a net profit after tax of Rs 3.42 billion for the year ended Dec 2025, with 67% growth in new business and gross written premiums up 31% to Rs 8.65 billion. The company also recorded PBT of Rs 3.95 billion, a 6% rise in assets to Rs 40.3 billion and expanded distribution with increased digitization.
The Central Bank of Sri Lanka released key findings of the Systemic Risk Survey for H1 2026 on market participants' perceptions of risks to the financial system; the survey was conducted 19 Dec 2025–16 Jan 2026 in the aftermath of the Ditwah cyclone. Respondents included executives from banks, finance companies, insurance firms, brokers and other financial service providers.
Colombo stock market closed February lower: ASPI fell 47 points (0.2%) and the S&P SL20 dropped 74 points (>1%) with turnover of Rs.7 billion. Banks, conglomerates and blue-chips (COMB, JKH, HNB, CTC, LLUB) weighed on the index while Renuka Agri Foods rose and foreign investors were net sellers of Rs.363.8m.
Dividend · Rs 5.00 · XD Mar 11, 2026
First And Final dividend of LKR 5/share; XD 2026-03-11; record 2026-03-11; payable 2026-03-30; FY 31 December 2025
HNB Assurance PLC posted 42% YoY growth in Life GWP to Rs. 19.49 billion and a 28% rise in Profit After Tax to Rs. 2.12 billion for the year ended 31 December 2025, with EPS up 28% to Rs. 14.15 and a proposed final dividend of Rs. 5.00 per share.