Sri Lanka Insurance Corporation General Limited (SLICGL) delivered a remarkable performance in 2025, reinforcing its position as Sri Lanka\u2019s leading general insurer with outstanding results across key financial metrics. The company sustained a Gross Written Premium (GWP) of Rs. 30.3 billion, demonstrating the resilience of its diverse portfolio in a competitive and challenging environment.<\/p>\n
SLICGL’s new business volume surged 51% to Rs. 12.5 billion, up from Rs. 8.3 billion in 2024, reflecting strong market demand, growing customer confidence, and the reach of the company’s distribution network. The company also paid out Rs. 12.3 billion in insurance claims and benefits, a 17% increase. These metrics reflect the impact of Cyclone Ditwah, and reaffirms SLICGL\u2019s commitment of stability and reliability to policyholders and a clear demonstration of trust which has made SLICGL the nation\u2019s first choice in risk protection.<\/p>\n
Tax contribution to the Government at Rs. 5.7 billion, a 66% year-on-year increase, highlighted the scale of the company’s growth and contribution to national revenue. The company also expanded its overall market share to 20.2%, up from 19.4% in 2024, retaining its position as the undisputed market leader in Sri Lanka\u2019s general insurance industry.<\/p>\n
The motor insurance segment drove strong performance, with premium income growing 29.7% year-on-year, reinforcing Motor Plus\u2019s position as the number one motor insurer in the country. Meanwhile, the non-motor segment, covering fire and engineering, marine, medical, and general accident lines grew 6.7%, outpacing the industry average and demonstrating resilience and breadth of SLICGL\u2019s diversified portfolio. SLICGL further reinforced its financial standing through strategic investments, including Rs. 12.8 billion in government securities, showcasing the scale of the company\u2019s asset base and active contribution to national economic stability.<\/p>\n
Commenting on the performance, Dr Sameera Dharmasena, Chief Executive Officer stated, \u201cSLICGL\u2019s 2025 results demonstrate our ability to deliver sustained growth despite a challenging environment. Even in the aftermath of Cyclone Ditwah, we stood strong in terms of profitability, endorsing our prudent reinsurance management and disciplined strategy. SLICGL\u2019s customer\u2011centric approach and operational excellence have reinforced our leadership position, and these achievements continue to reflect the trust placed in us by policyholders and the dedication of our teams.\u201d<\/p>\n
Nusith Kumaratunga, Chairman, Sri Lanka Insurance added, \u201cOur strong performance in 2025 establishes our commitment to long\u2011term value creation and stability. Through prudent risk management and innovation, we continue to set benchmarks in service excellence, contributing to the country\u2019s economic progress.\u201d
\nFollowing Cyclone Ditwah, SLICGL stepped forward with a comprehensive relief program combining extended service access, direct aid, and financial support. To ensure communities could reach insurance services during recovery, selected branches implemented extended operating hours and opened on additional Saturdays, making it easier for affected families to manage claims and access assistance.
\nIn a joint initiative, Sri Lanka Insurance Life and SLICGL mobilised volunteer teams including regional managers from 18 districts to restore flood-affected schools, places of worship, business premises, and households, addressing physical damage and urgent safety risks from structural hazards and waterborne disease.<\/p>\n
In partnership with the National Disaster Relief Services Centre (NDRSC), SLICGL carried out relief in two phases on 30 November and 2 December 2025, distributing dry ration packs to 1,000 families in Maharagama and Divulapitiya. To assist those affected, in recovery and rebuilding, the company and employees contributed financially, with donations handed over to the Treasury in January 2026 to support national rebuilding efforts.
\nAs SLICGL moves into 2026, the company is focused on innovation, digital transformation, and customer engagement and maintaining leadership in motor and non\u2011motor insurance segments.
\nSLICGL also continues to champion responsible corporate citizenship, reinforcing the role as Sri Lanka\u2019s most trusted and most loved general insurance brand. However, at the core is the continued commitment to responsible corporate citizenship as Sri Lanka’s most trusted general insurance brand.<\/p>\n
About Sri Lanka Insurance Corporation General Ltd. (SLICGL)
\nWith over six decades of expertise in general insurance, SLICGL stands as the most valuable and trusted general insurance brand in Sri Lanka, renowned for its financial strength and customer focus. SLICGL offers a comprehensive portfolio of products spanning motor, fire and engineering, medical, general company accident, and marine insurance, delivered through an island-wide network of over 142 branches and 69 service centers. SLICGL holds the distinction of being Sri Lanka’s highest-rated insurance brand as the only A+ (lka) rated insurer in the country. SLICL was also recognised as the Most Valuable General Insurance Brand by Brand Finance.
\nIn 2024, SLICGL was recognised as the \u2018Best Insurance Company for Customer Satisfaction\u2019 by the Global Brand Awards. Backed by the strengthen and heritage of Sri Lanka Insurance Corporation, SLICGL remains the nation\u2019s first choice in risk protection, poised for continued growth and innovation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sri Lanka Insurance Corporation General Limited (SLICGL) delivered a remarkable performance in 2025, reinforcing its position as Sri Lanka’s leading general insurer with outstanding results…<\/p>\n","protected":false},"author":2,"featured_media":5622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":4,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-5619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","entry"],"yoast_head":"\n