Insurance · Life/Health Insurance
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 44.9B | Rs 4.7B | 14.79 |
| 2024 | Rs 38.4B | Rs 4.5B | 12.61 |
| 2023 | Rs 31.8B | Rs 2.8B | 7.57 |
| 2022 | Rs 25.5B | Rs 2.7B | 7.15 |
| 2021 | Rs 21.0B | Rs 2.1B | 5.61 |
| 2020 | Rs 16.1B | Rs 1.5B | 4.06 |
| 2019 | Rs 13.1B | Rs 2.2B | 5.79 |
Softlogic Life Insurance PLC is a publicly listed Sri Lankan life insurer that underwrites individual and group life protection and savings products, operating through a consolidated Life Fund and investment management of policyholder assets. The Company accepts and pools insured risks, provides benefits under life insurance contracts, and manages invested funds with periodic valuation by its appointed actuary. Its operating activities cover product design and pricing, underwriting, reinsurance arrangements, distribution and sales, claims processing and capital management. Distribution channels cited include field sales staff, bancassurance, Dialog’s mobile platform, the Sri Lanka Postal Department and insurance brokers, while investment management aligns assets to liabilities across short-, medium- and long-term horizons. The Group includes the subsidiary Softlogic Life Insurance Lanka Limited (formerly Allianz Life Insurance Lanka Limited) following a 100% acquisition, which expanded the Company’s salesforce and branch network; all principal operations are conducted in Sri Lanka. Softlogic Life is listed on the Colombo Stock Exchange.
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Softlogic Life Insurance PLC completed the acquisition of a 60% controlling stake in Bangladesh's Diamond Life Insurance for approximately $1.9 million. The deal finalises the company's entry into the Bangladesh life insurance market following a June 18 purchase agreement disclosure.
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.
Dividend · Rs 5.30 · XD Jul 2, 2026
Dividend of LKR 5.3/share; XD 2026-07-02; record 2026-07-02; payable 2026-07-21; FY 2026
Softlogic Life Insurance PLC (AAIC.N0000) has signed an agreement to acquire a 60% stake in Bangladesh's Diamond Life Insurance for about $1.9 million. The deal marks Softlogic Life's entry into the Bangladeshi life insurance market and the company will hold a controlling interest upon completion; shares closed yesterday up Rs. 2.50 at Rs. 94.
Softlogic Life (AAIC.N0000) reported Rs.40bn Gross Written Premiums in 2025 and Rs.12.3bn GWP in Q1-2026 (37% YoY), with 19.3% market share and total assets of Rs.76bn as at March 31, 2026. It announced the Allianz Life acquisition, a USD15m DFI investment, digital investments and launched 'Health for Life', a lifetime health coverage product.
Softlogic Life Insurance PLC (AAIC.N0000) has signed an SPA to acquire 60% of Bangladesh-based Diamond Life Insurance for about USD 1.9 million. The purchase gives Softlogic Life a majority stake and entry into the Bangladesh life insurance market as part of its regional expansion.
Softlogic Life Insurance (AAIC.N0000) has agreed to buy 60% of Bangladesh’s Diamond Life Insurance for $1.9 million, marking the company’s entry into the Bangladesh life insurance market.
Insurance sector metrics strengthened in 1Q 2026: GWP rose 24.54% to Rs.114,863 million, total assets grew 16.65% to Rs.1,478,777 million, and industry PBT edged up 3.14% to Rs.9,978 million, with Life PBT down 11.5% and General PBT up 28.1%. June services PMI rose to 58.5 with gains in insurance, alongside higher employment and new business. Brokers flagged PDPA and cyber liabilities, highlighting D&O and Cyber insurance.
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