Insurance · Multi-Line Insurance
People’s Insurance PLC is a Sri Lanka-based general insurance company providing comprehensive general insurance solutions to personal and corporate customers nationwide. The Company is backed by People’s Leasing & Finance PLC and People’s Bank and serves a broad customer base across the island.
PINS shares are down 31.3% over the past year and last closed at Rs 27.50 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.1 | -2.2 | -12.7 | +14.1 | -4.2 | -3.1 | -6.0 | +3.7 | -1.1 | +0.0 | +0.0 | +0.0 |
| 2025 | +6.3 | -14.4 | -2.1 | -0.7 | +17.0 | +1.2 | +15.5 | -1.8 | +4.7 | +6.8 | -14.1 | -11.0 |
| 2024 | -4.9 | -2.3 | +9.5 | +3.9 | -3.3 | -1.3 | -7.6 | +2.4 | +6.1 | +4.4 | -4.3 | +42.2 |
| 2023 | -1.5 | +12.7 | -0.9 | -5.9 | -5.8 | +5.1 | +33.2 | -0.4 | -1.1 | -10.8 | -2.1 | -3.8 |
| 2022 | +39.7 | -17.5 | -29.1 | -22.5 | +0.9 | -5.5 | -9.2 | +9.0 | +6.3 | -6.0 | -4.9 | +2.6 |
| 2021 | +21.6 | -8.5 | -2.9 | -0.3 | +17.4 | -7.6 | +5.2 | -7.8 | -1.2 | +4.1 | -5.8 | +10.6 |
| 2020 | -2.3 | -4.7 | -15.8 | +0.0 | +0.0 | +5.5 | +9.4 | +9.5 | +7.4 | +9.3 | +3.7 | +0.7 |
| 2019 | +1.0 | +3.6 | -1.5 | -6.1 | +0.0 | +0.0 | +12.4 | +3.4 | -2.3 | -1.0 | +5.8 | -1.4 |
| 2018 | -0.4 | -2.6 | -3.6 | +9.3 | -2.1 | -4.3 | -2.3 | -6.0 | -3.5 | +2.6 | -2.5 | -2.1 |
| 2017 | +3.2 | +1.5 | -7.6 | +17.6 | -1.4 | +1.9 | -0.5 | +12.1 | -3.3 | +5.6 | -2.4 | -3.8 |
| 2016 | +0.0 | +0.0 | +0.0 | +7.7 | -6.6 | -4.7 | +1.9 | +7.3 | +5.6 | -1.1 | +0.0 | +1.6 |
| Average | +6.0 | -3.4 | -6.7 | +1.7 | +1.2 | -1.2 | +4.7 | +2.9 | +1.6 | +1.4 | -2.7 | +3.6 |
| 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 | +0.3 | -2.5 | -3.2 | +1.8 | -1.8 | -1.3 | +1.9 | +3.4 | -1.1 | +3.3 | -2.5 | -0.3 |
| % up | 50% | 30% | 10% | 50% | 30% | 36% | 55% | 64% | 45% | 60% | 20% | 50% |
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Total income | Rs 5.7B -3.5% | Rs 5.9B +3.7% | Rs 5.7B -10.6% | Rs 6.4B +8.3% | Rs 5.9B -4.2% | Rs 6.2B +0.9% | Rs 6.1B +12.4% | Rs 5.4B +13.4% |
| Operating profit | Rs 472.7M -32.6% | Rs 701.6M | - | Rs 1.0B -14.4% | Rs 1.2B +44.7% | Rs 808.2M +1,138.8% | Rs 65.2M -92.3% | Rs 847.0M +391.1% |
| Net profit | Rs 355.2M -17.3% | Rs 429.4M -17.7% | Rs 521.6M -18.0% | Rs 636.0M -35.1% | Rs 979.7M -18.0% | Rs 1.2B +84.6% | Rs 647.7M -11.2% | Rs 729.1M -5.7% |
| EPS | 1.74 -18.3% | 2.13 -18.4% | 2.61 -17.9% | 3.18 -35.1% | 4.90 -18.1% | 5.98 +84.6% | 3.24 -11.2% | 3.65 -5.7% |
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.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | LGIL.N0000 | 7.00 | Rs 8.4B | - | 1.22 | -0.07 | -1.29% | 0.00% |
| 2 | ATL.N0000 | 22.30 | Rs 6.7B | 19.5 | 0.99 | 1.15 | 7.20% | 0.00% |
| 3 | PINS.N0000 · this company | 27.50 | Rs 5.6B | 11.4 | 0.88 | 2.42 | 7.76% | 0.00% |
| 4 | COOP.N0000 | 3.20 | Rs 5.3B | 18.8 | 0.81 | 0.17 | 4.38% | 0.00% |
| Peer median · 3 companies | - | - | - | 0.99 | - | - | 0.00% |
People’s Insurance PLC is a Sri Lanka-based general insurance company providing comprehensive general insurance solutions to personal and corporate customers nationwide. The Company is backed by People’s Leasing & Finance PLC and People’s Bank and serves a broad customer base across the island. Its business is organised around motor and non-motor insurance lines. The motor business is the Company’s dominant portfolio, offering a range of motor insurance products and customer services designed for claims convenience. The non-motor portfolio comprises fire, marine and miscellaneous insurance and includes specialised products for catastrophe protection and risks related to renewable energy and infrastructure. People’s Insurance operates through a network of branches across Sri Lanka and has invested in digital and customer-service initiatives, including the Call & Go claims facility, the AI-powered People’s Buddy customer engagement tool, an Inspection Management Mobile Application and a Customer Management System, to improve accessibility and service efficiency.
People’s Insurance has reported strong first-half momentum, with PBT up 63%. The shares remain 39.9% below their 52-week high, leaving improving earnings against weak price performance.
Read the full report (Aug 26, 2026) →No scored news in the last 30 days.
Chandana Guniyangoda assumed duties as Chairman of People's Bank yesterday, becoming the first chairman of a state-owned licensed commercial bank appointed as an Independent Non‑Executive Director under IMF-aligned governance reforms and Central Bank directions. He brings over 28 years of banking and finance experience.
People's Insurance PLC reported GWP of Rs.5.21 billion for 1H 2026, up ~39% y/y, and Profit Before Tax of Rs.525.6 million, up ~63% y/y. Both Motor and Non‑Motor portfolios grew strongly and Fitch affirmed the company's 'A(lka)' IFS rating with a Stable outlook.
People's Insurance PLC reported H1 2026 GWP of Rs.5.21bn (≈+39% y/y) and PBT of Rs.525.6m (≈+63%), with PAT Rs.357.3m and EPS Rs.1.75. Motor GWP was Rs.4.05bn and Non‑Motor Rs.1.16bn, and Fitch affirmed its A(lka) IFS rating with a Stable outlook.
A seminar on Beneficial Ownership compliance will be held on 22 July 2026 at The Kingsbury, Colombo to provide guidance on BO filings under the Companies Act No. 12 of 2025 and CBSL Direction 2 of 2026, highlighting the statutory BO filing deadline of 30 September 2026 and non-compliance risks.
Commercial High Court (Colombo) ruled in favour of Rice Lanka Processing Ltd, finding that an Amana Takaful PLC cover note provided valid interim insurance for two flood claims totalling Rs. 66,006,338. The decision affirms cover notes are legally binding and raises insurer liability in similar cases.
Fitch upgraded four Sri Lankan insurers' National IFS ratings after recalibrating the national scale following Sri Lanka's sovereign upgrade; People's Insurance was upgraded to A(lka) and Co-operative Insurance's rating was affirmed at BB(lka). Fitch said the moves reflect reduced investment and liquidity risks tied to the sovereign and banks.
Fitch upgraded the national IFS ratings of four Sri Lankan insurers after recalibrating the national rating scale following a sovereign upgrade — People's Insurance (PINS.N0000) was raised to A(lka), HNB Assurance and HNB General were upgraded, while Co-operative Insurance (COOP.N0000) was affirmed at BB(lka).
The 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.
Auto-generated from 5 sector news articles over 14 days. Not investment advice.