Ceylinco Life has reported gross written premium of Rs. 22.45 billion and total income of Rs. 36.49 billion for the first half of 2025.

Premium income for the six months ending 30 June was up 12.5% over the corresponding period of last year, while investment and other income for the period totaled Rs. 14.04 billion, resulting in consolidated income growing by 7.3%, according to the company’s financial statements.

Total assets reached Rs. 266.38 billion as at 30 June, reflecting an increase of 5.9% or Rs. 14.94 billion over six months, at an average of Rs. 2.5 billion a month.

The company’s investments portfolio grew by 6.77% over the period to Rs. 237.5 billion, while the Life Fund increased by 7.6% to Rs. 194.7 billion, a growth of Rs. 13.8 billion since end 2024.

Ceylinco Life Executive Chairperson R. Renganathan said: “Our performance in the first half of the year demonstrates the unwavering emphasis we place on our core business of protection, with premium income contributing substantially to revenue growth. The growth in life insurance business reaffirms that Ceylinco Life will remain the largest life insurer in Sri Lanka in 2025, by a margin of more than Rs. 3.72 billion over the second-placed life insurance company, which is attributable to the trust and confidence of the millions of lives we protect.”

Ceylinco Life paid Rs. 15.14 billion in net claims and benefits to policyholders for the six months under review, an increase of 8.3% over the first half of the preceding year. The company posted profit-before-tax (PBT) of Rs. 3.1 billion and net profit of Rs. 2.08 billion for the six months.

In key financial ratios, Ceylinco Life’s basic earnings per share for the six months amounted to Rs. 41.63, while net assets value per share stood at Rs. 1,238.87 as at 30 June, representing a growth of 9.1%.