SLIC Life records 32% GWP growth in 1H to Rs. 15.4 billion
- CNL Reporter
- August 25, 2025
- News
- SLIC Life
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Sri Lanka Insurance Life (SLIC Life) on Friday said it had recorded a Gross Written Premium (GWP) of Rs. 15.4 billion in the first half of 2025, a 32% increase from a year earlier.
“The company achieved New Business premiums of Rs. 3.6 billion, representing an exceptional 68% year-on-year (YoY) increase, one of the strongest half-year performances in the industry,” SLIC Life said in a statement.
SLIC Life disbursed Rs. 8.5 billion in claims and maturity settlements during the six months ending 30 June 2025, averaging Rs. 1.4 billion per month. These figures reaffirm the company’s financial strength and reliability, positioning it as a trusted partner in safeguarding the future of millions of Sri Lankans.
With an asset base of Rs. 253.2 billion and the largest life fund in the industry at Rs. 228.4 billion, SLIC Life continues to demonstrate unmatched financial stability and long-term resilience.
The company said it recently declared a record Rs. 12.5 billion bonuses for 2024, the largest annual bonus declaration in the Sri Lankan life insurance industry. This brings the cumulative bonuses declared since 2006 to Rs. 116.6 billion, underscoring the company’s strength in delivering consistent long-term value to policyholders
