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Insurance industry News

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Local News

Fairfirst Insurance Secures Leadership Excellence Honors for Sixth Consecutive Year.

May 20, 2026 at 4:06 PM

Fairfirst Insurance has been recognized as an organization with 'Great Managers' for the sixth year in a row at the Great Manager Awards 2025, highlighting its ongoing commitment to professional development and team leadership.

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Fairfirst Insurance Secures Leadership Excellence Honors for Sixth Consecutive Year
Image Credit : lmd.lk
Local News
HNB General Insurance Targets Strategic Expansion Following Milestone 2025 Financial Performance
Image Source : mawratanews.lk

HNB General Insurance Targets Strategic Expansion Following Milestone 2025 Financial Performance.

May 12, 2026 at 5:18 AM
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Business

Building a Future on Legacy: The Next Generation’s Perspective on Modernizing Family Enterprise.

Evan O'Dowd, representing the fifth generation of a long-standing family insurance business, shares his journey of returning home after gaining external professional experience to help modernize the company.

May 11, 2026 at 12:45 PM
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Business
Sri Lanka Insurance Corporation General Reaches Historic LKR 30 Billion GWP Milestone
Image Source : insurancebusinessmag.com

Sri Lanka Insurance Corporation General Reaches Historic LKR 30 Billion GWP Milestone.

May 10, 2026 at 7:01 PM
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Amana Takaful Secures 'Most Awarded Insurance Company' Title for Third Straight Year
Image Source : magzter.com
Local News•
April 29, 2026 at 6:40 AM

Amana Takaful Secures 'Most Awarded Insurance Company' Title for Third Straight Year.

Amana Takaful Insurance has retained its status as Sri Lanka’s most awarded insurer for 2026, marking a three-year streak of industry excellence driven by digital transformation and customer-centric service.

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Local News

Sri Lanka Insurance General Records Robust 2025 Growth Amidst Industry Shifts.

April 27, 2026 at 4:03 AM

Sri Lanka Insurance Corporation General Limited (SLICGL) achieved significant financial growth in 2025, reaching Rs. 30.3 billion in Gross Written Premium and expanding its market share to 20.2%, despite challenges posed by Cyclone Ditwah.

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Sri Lanka Insurance General Records Robust 2025 Growth Amidst Industry Shifts
Image Credit : island.lk
Local News

Sri Lanka Shifts to Cash-Before-Cover Insurance Model Amid New Regulatory Reforms.

The Insurance Regulatory Commission of Sri Lanka is implementing major reforms to the insurance sector, including a reduction in credit periods to 30 days and a strategic move toward a 'cash-before-cover' model to enhance financial discipline.

April 26, 2026 at 7:51 PM
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Business
HNB Assurance Rebrands to ‘HNB Life’ to Commemorate 25th Anniversary
Image Source : marketscreener.com

HNB Assurance Rebrands to ‘HNB Life’ to Commemorate 25th Anniversary.

April 20, 2026 at 6:18 AM
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Economy

Strategic Roadmap: Modernizing the Insurance Sector for Economic Resilience.

This article explores the evolving role of the insurance industry in strengthening economic stability through technology integration, operational excellence, and its critical contribution to unlocking development capital in emerging markets.

April 19, 2026 at 8:19 PM
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New Insurance Program Launched for Sri Lankan Fishery Divers
Image Source : adaderana.lk
Local News•
April 3, 2026 at 6:54 AM

New Insurance Program Launched for Sri Lankan Fishery Divers.

The Agricultural and Agrarian Insurance Board has launched a new specialized insurance scheme for divers in the fisheries sector, offering tiered coverage options up to Rs. 2 million to protect against accidents and workplace hazards.

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Technology

Insurers Eye Catastrophe Bonds to Mitigate Escalating Data Centre Risks.

April 3, 2026 at 4:48 AM

Insurance firms are increasingly exploring catastrophe bonds to manage the mounting risks associated with massive data centre investments, driven by the rise of AI and natural disaster exposure.

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Insurers Eye Catastrophe Bonds to Mitigate Escalating Data Centre Risks
Image Credit : riskandinsurance.com