Sri Lanka Insurance Corporation General Limited (SLICGL) sustained a Gross Written Premium (GWP) of Rs. 30.3 billion in 2025, as its new business volume surged 51% to Rs. 12.5 billion, up from Rs. 8.3 billion in 2024. The company also paid out Rs. 12.3 billion in insurance claims and benefits, a 17% increase.
Further, its tax contribution to the Government at Rs. 5.7 billion, showed a 66% year-on-year increase. The company also expanded its overall market share to 20.2%, up from 19.4% in 2024. The motor insurance segment drove strong performance, with premium income growing 29.7% year-on-year.
Meanwhile, the non-motor segment, covering fire and engineering, marine, medical, and general accident lines grew 6.7%. SLICGL also maintained Rs. 12.8 billion in government securities during this time.
Commenting on the performance, Chief Executive Officer Dr. Sameera Dharmasena stated: “SLICGL’s 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’s customer‑centric 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.”
Sri Lanka Insurance Chairperson Nusith Kumaratunga added: “Our strong performance in 2025 establishes our commitment to long‑term value creation and stability. Through prudent risk management and innovation, we continue to set benchmarks in service excellence, contributing to the country’s economic progress.”
Following Cyclone Ditwah, SLICGL stepped forward with a comprehensive relief programme 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.
In 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.
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.