Janashakthi Life’s Q3 results sees 249 % surge in profits
View(s):Janashakthi Life, the flagship brand of JXG (Janashakthi Group) closed Q3 2025 solidifying its performance and growth momentum as one of Sri Lanka’s fastest-growing life insurers.
The company recorded a 72 per cent year-on-year increase in Regular New Business, reaching Rs. 1.227 billion. This growth was driven by an enhanced focus on customer acquisition, customer retention, product diversification and an expanding distribution network. Janashakthi Life also achieved a 249 per cent increase in net profit, amounting to Rs. 2.793 billion as at the end of September 2025, compared to Rs. 800 million in the same period last year. Total assets grew to Rs. 41.508 billion, underscoring the company’s strong financial foundation and prudent capital management, it said in a media release.
The company recorded a claim payout totalling Rs. 2.603 billion during the said period and said it was further investing in its digital infrastructure for swift and accurate services to its valued policyholders.
Speaking on the company’s performance, Annika Senanayake, Chairperson of Janashakthi Insurance PLC, stated, “Our strong Q3 performance reflects the strategic focus and governance framework that guide the decisions we make. The affirmation of our A- credit rating by Lanka Rating Agency is proof of the trust we have built, the stability of our business model and the disciplined execution of our long-term vision.”
Ravi Liyanage, Director/Chief Executive Officer of Janashakthi Insurance PLC, added, “These results reflect the strength of our people and the efficiency of our operations.
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