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.
Insurance · Life/Health Insurance
Arpico Insurance PLC is a Sri Lanka-based life insurer that provides life and health insurance products and related services to individual and corporate customers.
AINS shares are down 32.8% over the past year and last closed at Rs 25.00 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.3 | +1.4 | -19.2 | +6.4 | -5.0 | -2.3 | -5.1 | -6.8 | -4.2 | +0.0 | +0.0 | +0.0 |
| 2025 | +6.5 | -2.5 | -7.0 | -1.6 | +0.0 | +9.3 | +33.3 | +10.6 | -6.5 | +4.0 | -8.5 | -1.1 |
| 2024 | -6.7 | +11.4 | +2.6 | -7.1 | +5.4 | +1.3 | -13.9 | +6.8 | +0.0 | +0.0 | -10.0 | +11.1 |
| 2023 | -9.2 | -0.5 | +0.5 | -6.2 | +7.2 | -4.3 | +10.0 | +10.0 | +5.4 | -9.8 | -0.4 | -1.7 |
| 2022 | -14.4 | -5.8 | -25.8 | +0.6 | -0.6 | -6.5 | -2.5 | +18.1 | +9.3 | -8.0 | +0.0 | +24.5 |
| 2021 | +0.0 | -10.4 | +7.0 | -3.9 | -0.5 | +2.7 | -1.8 | +0.5 | +3.1 | -2.6 | -3.6 | +31.5 |
| 2020 | -1.0 | -9.5 | -5.6 | +0.0 | +0.0 | +6.3 | -5.9 | +3.4 | +16.4 | -7.6 | +6.1 | -1.6 |
| 2019 | +0.0 | +0.0 | -0.6 | -2.2 | -8.6 | +0.0 | +16.9 | -6.4 | -1.1 | +24.3 | -7.4 | +1.0 |
| 2018 | -3.5 | +3.7 | +8.2 | +0.5 | -1.1 | +2.2 | -2.1 | +0.5 | +0.0 | -4.9 | -1.7 | +4.7 |
| 2017 | +0.0 | +0.0 | +0.0 | +29.0 | +18.1 | -4.8 | -8.3 | -3.0 | +6.3 | -4.7 | +4.9 | +0.0 |
| 2016 | +0.0 | -4.3 | -10.4 | +8.3 | +2.3 | -3.8 | +0.8 | +0.0 | -3.1 | +7.2 | -9.0 | -1.6 |
| 2015 | +0.0 | +0.0 | +0.0 | +6.9 | +0.0 | -3.6 | +11.9 | -2.0 | -4.7 | +2.1 | -2.1 | -0.7 |
| Average | -2.2 | -1.7 | -5.0 | +2.8 | +1.6 | -0.3 | +2.8 | +2.6 | +1.9 | +0.0 | -2.9 | +6.0 |
| ASPI average | +3.1 | -2.7 | -4.7 | +2.0 | +0.2 | +0.8 | +3.1 | +2.2 | +3.2 | -0.1 | +1.0 | +3.0 |
| Median | +0.0 | -1.5 | -3.1 | +0.5 | +0.0 | -1.2 | -2.0 | +0.5 | +0.0 | -3.7 | -2.1 | +0.0 |
| % up | 18% | 30% | 40% | 55% | 36% | 42% | 42% | 58% | 45% | 40% | 18% | 45% |
Fundamentals
| Line | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 2.4B -2.8% | Rs 2.5B | Rs 2.8B +9.5% | Rs 2.5B +23.4% | Rs 2.0B +9.4% | Rs 1.9B +17.9% | Rs 1.6B +33.3% | Rs 1.2B +40.5% |
| Operating profit | - | - | Rs 203.9M -39.6% | Rs 337.4M +21.1% | Rs 278.6M | - | Rs 198.8M -3.5% | Rs 206.0M |
| Net profit | Rs 8.0M -96.6% | Rs 234.9M | Rs 203.9M -13.9% | Rs 236.7M +18.0% | Rs 200.7M -11.7% | Rs 227.3M -54.5% | Rs 499.2M +142.3% | Rs 206.0M +91.0% |
| EPS | 0.12 -96.6% | 3.55 | 3.02 -15.4% | 3.57 +17.8% | 3.03 -11.7% | 3.43 -54.5% | 7.54 +142.4% | 3.11 +90.8% |
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
No dividend records.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | UAL.N0000 | 68.00 | Rs 40.1B | 13.1 | 2.10 | 5.20 | 16.09% | 7.35% |
| 2 | JINS.N0000 | 37.50 | Rs 25.5B | 7.9 | 1.52 | 4.77 | 13.31% | 8.89% |
| 3 | AAIC.N0000 | 76.50 | Rs 24.2B | 5.2 | 1.66 | 14.79 | 34.24% | 6.93% |
| 4 | HASU.N0000 | 140.75 | Rs 21.1B | 8.6 | 1.60 | 16.39 | 18.60% | 3.55% |
| 5 | AINS.N0000 · this company | 25.00 | Rs 1.7B | 208.3 | 0.97 | 0.12 | 0.48% | - |
| 6 | ATLL.N0000 | 20.50 | Rs 1.0B | - | 1.56 | -0.17 | -1.48% | - |
| Peer median · 5 companies | - | - | 8.2 | 1.60 | - | - | 7.14% |
About Arpico Insurance Plc
Arpico Insurance PLC is a Sri Lanka-based life insurer that provides life and health insurance products and related services to individual and corporate customers. The Company focuses on individual life and health insurance while maintaining capabilities in group insurance, and it manages a Life Insurance Fund as part of its core operations. Arpico Insurance distributes products through an extended distribution network in Sri Lanka and has been advancing digital transformation, cloud-based infrastructure and operational resilience to support customer engagement, claims settlement and service delivery. The Company emphasises disciplined cost management, regulatory compliance and the integration of environmental, social and governance (ESG) considerations across its business. The business operates under the Arpico brand and is affiliated with the Richard Pieris Group, with governance and oversight provided by a Board of Directors and senior management based in Colombo, Sri Lanka.
AI analysis
bearishArpico Insurance's latest quarter saw net profit fall 53.6% year-on-year, while the share price remains near its 52-week low. The tension is a P/E of 231 despite weak earnings momentum.
Read the full report (Aug 16, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
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.
Insurance sector: what is happening
Last 14 days to Sep 30, 2026The insurance sector was quiet, with no sector-specific developments in the window. Movements in government securities yields, including rising Treasury bill yields and later easing across parts of the secondary market, affect insurers through the valuation and reinvestment returns of their investment portfolios. The rupee moved from near 331.50/331.90 to around 330 per US dollar, affecting foreign-currency reinsurance and claims costs.
The stories behind it
Auto-generated from 5 sector news articles over 14 days. Not investment advice.