Ceylinco Life’s premium income of Rs. 22.45 bn in 1H’25
View(s):Ceylinco Life’s premium income for the six months ending June 30, 2025 was up 12.5 per cent over the corresponding period of last year, while investment and other income for the period totalled Rs. 14.04 billion, resulting in consolidated income growing by 7.3 per cent, according to the company’s financial statements released to the media.
Total assets reached Rs. 266.38 billion as at end June, reflecting an increase of 5.9 per cent 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 per cent over the period to Rs. 237.5 billion, while the Life Fund increased by 7.6 per cent to Rs. 194.7 billion, a growth of Rs. 13.8 billion since end 2024.
“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,” Ceylinco Life Executive Chairman R. Renganathan noted. “The growth in life insurance business reaffirms that Ceylinco Life remains 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 per cent over the first half of the preceding year. The company posted profit before tax 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 end June 2025, representing a growth of 9.1 per cent.
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