OVERVIEW

Building a Sustainable Future

Building a Sustainable Future

Our purpose extends beyond insurance it is about securing lives, fortifying economies and safeguarding the future. Our sustainable investment strategies drive economic stability, while our commitment to environmental and social responsibility empowers communities. We are not just insuring lives, we are shaping a future where security, sustainability and trust define prosperity.

36 Years of Trust, Protection and Promise

1939 - 1962

Ceylon Insurance Company Limited, the forerunner of Ceylinco Insurance PLC, became the first Sri Lankan public company to be registered in British-ruled Ceylon.

Ceylon Insurance Company was recognised as the leading insurer in Sri Lanka prior to the nationalisation of the insurance industry

1980 - 1987

Ceylinco Insurance Company Limited was incorporated.

Ceylinco Limited became the leading principal agent of the National Insurance Corporation when the insurance sector was liberalised.

1988 - 1991

Ceylinco Insurance Co. Limited commenced operations on 14th January 1988 and was listed on 21st April 1988, thus becoming Ceylinco Insurance PLC. The Life Division was set up as a separate business segment within Ceylinco Insurance PLC.

Launched the first critical illness insurance product in Sri Lanka branded as ‘Ceylinco Life Digasiri’

1992 - 1993

Life Division emerged as the leader in the life insurance segment among the private sector insurance companies in the country.

Ceylinco Life produced the first Million Dollar Round Table (MDRT) qualifier in Sri Lanka.

1998 - 2001

Life Division's annual premium income crossed the Rs. 1 Bn milestone.

Launched Pranama Scholarships for the first time.

2004 - 2005

Recognised as the ‘No. 1 Service Brand in Sri Lanka’ at SLIM Brand Excellence Awards Achieved market leadership in the country’s life insurance industry.

First-ever CSR Award for an insurance company in the Asia Pacific Region won by the Life Division at the 9th Asian Insurance Industry Awards in Singapore.

2010 - 2014

Ceylinco Life moved to its new corporate head office at No. 106, Havelock Road, Colombo 05. Won the ‘Social Marketing Award’ by the World Brand Congress.

Recognised as the ‘Best insurance Company in Sri Lanka’ by World Finance.

2015 - 2016

Ceylinco Life Insurance Limited was incorporated on 22nd April 2014 after the segregation of the life insurance businesses of Ceylinco Insurance PLC by setting up a separate legal entity. Ceylinco Life Insurance Limited commenced business on 1st June 2015 after taking over the business of the Life Division of Ceylinco Insurance PLC.

Unveiled the new brand identity with a new tagline ‘Relationship for Life’ reflecting the Company’s confidence and progression.

2017 - 2019

Won ‘Best Life Insurer in Sri Lanka’ by World Finance for the 4th consecutive year Won ‘People’s Life Insurance Brand of the Year’ by SLIM for the 11th consecutive year.

Named as one of the ‘10 Most Admired Companies in Sri Lanka’ by ICCSL & CIMA UK.

2020 - 2021

Life Fund reached Rs. 106.7 Bn Despite the outbreak of the COVID-19, the Company’s GWP grew by 18%.

Won Gold Award for the ‘Service Brand of the Year’ at SLIM Brand Excellence Awards GWP crossed the Rs. 25 Bn mark.

2022 - 2023

Won the ‘Brand of the Year’ at SLIM Brand Excellence Awards.

Marked the 35th anniversary with total assets over Rs. 200 Bn and equity over Rs. 50 Bn Won multiple awards including the main award of the ‘Brand of the Year’ at SLIM Brand Excellence Awards

Won joint Gold Award for ‘Best Presented Annual Report’ in the life insurance sector at the South Asian Federation of Accountants (SAFA) Awards

2024

Achieved 21 years of undisputed market leadership with Rs. 37 Bn in premium income and with an asset base of over Rs. 250 Bn.

Profit before tax exceeded Rs.10 Bn for the 1st time in history

Paid a record total of Rs. 25 Bn in customer claims and benefits.

Our Vision

“To take the message of Life Insurance and Retirement Planning to every Sri Lankan and protect every family.”

Our Mission

To become the most trusted, acclaimed and progressive life insurance company in Sri Lanka, by providing need-based life insurance solutions to our customers, recognising and rewarding our employees, creating successful partnerships with stakeholders and ensuring sustainable business practices for sustainable, responsible and profitable growth, while leaving a smaller carbon footprint on the planet.

P

PROFESSIONALISM

in delivering life insurance and retirement planning solutions to meet the individual needs of our customers.

R

REWARDING

customers, sales force, and staff for their dedication and loyalty.

I

INTEGRITY

in everything we do, individually and collectively.

D

DEDICATION

in communicating the importance of Life Insurance and Retirement Planning to every Sri Lankan.

E

EXCELLENCE

in customer service, product development, innovation and fulfilling our social responsibility.

organisation structure

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