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.
Arpico Insurance Plc
AINS.N0000Insurance · Life/Health Insurance
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 2.4B | Rs 8.0M | 0.12 |
| 2024 | Rs 2.5B | Rs 234.9M | 3.55 |
| 2022 | Rs 2.8B | Rs 203.9M | 3.02 |
| 2021 | Rs 2.5B | Rs 236.7M | 3.57 |
| 2020 | Rs 2.0B | Rs 200.7M | 3.03 |
| 2019 | Rs 1.9B | Rs 227.3M | 3.43 |
| 2018 | Rs 1.6B | Rs 499.2M | 7.54 |
Recent dividends
No dividend records.
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
bearishAINS trades on an extreme P/E of 233 while FY2025 ROE was 0.5%. A durable earnings recovery is the swing factor.
Read the full report (Jul 31, 2026) →News sentiment
Describes news flow, not a forecast1 article in 30 days: 1 positive, 0 negative, 0 neutral.
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.
Richard Pieris Finance Ltd said it is forging ahead with resilience and growth, citing steady profitability, portfolio diversification, digital transformation, a new Sarumaga mortgage product and a Fitch 'A(lka) Outlook Stable' rating.
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.
Insurance sector: what is happening
Last 30 days to Aug 4, 2026Insurance 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.
The stories behind it
Auto-generated from 5 sector news articles over 30 days. Not investment advice.