Our Impact Story
An Impactful Structure
Ceylinco Life Insurance Ltd (CLIL) is a fully-owned subsidiary of Ceylinco Holdings PLC (CHPLC), formery known as Ceylinco Insurance PLC (CIPLC). Operating as the life insurance division of CIPLC, the organisation began its operations in 1988. In response to Section 53 of the Regulation of the Insurance Industry (Amendment) Act No. 03 of 2011, which mandates the separation of life and general insurance businesses, Ceylinco Life Insurance Ltd. was established on April 22, 2014, and commenced operations on June 1, 2015.
Since then, the Company's structure has continuously grown and evolved to offer a wide range of services that offer comprehensive protection. In addition to being a leading provider of life insurance, Ceylinco Life’s subsidiaries and associate companies offer retirement communities, healthcare solutions, and financial services, with the overarching aim of safeguarding stakeholders, improving their standard of living, and uplifting their future.
distributing economic value
NET EARNED PREMIUM vs INVESTMENT & OTHER INCOME vs TOTAL VALUE ADDED
REMUNERATION TO EMPLOYEES
5%OTHER EXPENDITURES
3%COMMISSION TO INTERMEDIARIES
5%NET CLAIMS AND BENEFITS TO POLICYHOLDERS
51%TAXES TO GOVERNMENT
6%RETAINED AS RESERVES FOR GROWTH
13%DIVIDEND TO THE SHAREHOLDER
2%INCREASE IN THE LIFE INSURANCE FUND
47%RETAINED AS DEPRECIATION & AMORTIZATION
1%an influential presence
With an influential presence across the nation, our extensive branch network serves as a catalyst for sustainable growth. Our commitment to green buildings and renewable energy is reflected in our expanding solar power generation, reducing our carbon footprint while enhancing energy efficiency. Through initiatives like rainwater harvesting and water recycling, we actively conserve natural resources, reinforcing our dedication to environmental stewardship. Beyond infrastructure, our people remain at the heart of our impact. Our employees drive innovation, while our strong supplier partnerships ensure responsible and ethical business practices. Together, we are shaping a sustainable future for all.
Sustainability Efforts Across Provinces
Branches
Green
Buildings
Solar
Generation
(kWh)
Rainwater
Harvesting
(Ltrs)
Water
Recycling
(Ltrs)
Employees
Suppliers
DRIVING SUSTAINABLE DEVELOPMENT
The organisation’s holistic perspective on doing business ensures that it measures its performance against the UN Sustainable Development Goals. This year, Ceylinco Life has reported its impact in line with the 169 individual SDG targets to provide a clearer definition of its overall contribution to sustainable development.
Financial Performance
Environmental Sustainability
Social Responsibility
Corporate Governance
Low
Medium
High