Ceylinco Life crosses Rs. 300 Bn. assets milestone

Ceylinco Life has announced that its total assets have surpassed the landmark Rs. 300 billion thresholds, reaching Rs. 302.5 billion as at 30th June 2026, underscoring the company’s sustained growth momentum and financial resilience.

Over the first six months of 2026 alone, Ceylinco Life recorded asset growth of Rs. 15.65 billion, representing an increase of 5.45 per cent at an average monthly growth of Rs. 2.58 billion.

Significantly, the company reported a Risk-Based Capital Adequacy Ratio (CAR) of 406 per cent as at 30th June 2026, substantially exceeding the minimum regulatory requirement of 120 per cent set by the industry regulator. This strong capital position reflects Ceylinco Life’s prudent risk management practices, sound financial governance, and its commitment to safeguarding the interests of policyholders and other stakeholders, while demonstrating a high capacity to withstand macro-economic pressures and volatility.

Ceylinco Life Chairman R. Renganathan said: “Crossing the Rs. 300 billion assets milestone is a significant affirmation of the strength, stability and disciplined growth of Ceylinco Life. Our exceptionally strong capital adequacy ratio, which is well above regulatory requirements, highlights our prudent approach to risk management and our unwavering commitment to protecting policyholder interests. This solid financial foundation positions us to navigate economic uncertainties with confidence while continuing to deliver long-term value to all stakeholders.”

Ceylinco Life’s asset base is primarily driven by its financial investments, including a growing portfolio of real estate, reinforcing the quality and stability of its balance sheet. The company has continued to invest strategically in acquiring land for its branch network, enabling the development of eco-friendly green buildings while simultaneously enhancing the strength of its asset portfolio. Construction is currently underway on the company’s 36th branch building on land owned by Ceylinco Life.

Ceylinco Life’s continued growth builds on a strong performance trajectory in 2025, when the company recorded its 22nd consecutive year of market leadership in Sri Lanka’s life insurance industry, with gross written premium income of Rs. 44.18 billion.

 The company also reported total income of Rs. 72.43 billion and increased its total assets by 14.15 per cent to Rs. 287 billion at the end of that year, while its Life Fund crossed Rs. 200 billion.