Sunday, April 17, 2016

SRI LANKA -Insurance Companies Licensed to carry on Insurance Business

Insurance Companies Licensed to carry on Insurance Business
 No.Name of InsurerClass of InsuranceEffective date of Licence
1.AIA Insurance Lanka PLCLong Term Insurance16th December 1987
2.AIG Insurance Ltd. *General Insurance13th December 1999
3.Allianz Insurance Lanka Ltd.General Insurance29th September 2004
4.Allianz Life Insurance Lanka Ltd.Long Term Insurance01st of July 2008
5.Amana Takaful PLCGeneral Insurance01st February 2002
6.Amana Takaful Life LimitedLong Term Insurance1st January 2015
7.Arpico Insurance PLCLong Term Insurance20th October 2011
8.Asian Alliance Insurance PLCLong Term Insurance08th March 2000
9.Asian Alliance General Insurance Ltd.General Insurance1st January 2015
10.Ceylinco General Insurance LimitedGeneral Insurance1st June 2015
11.Ceylinco Life Insurance LimitedLong Term Insurance1st June 2015
12.Continental Insurance Lanka Ltd.General Insurance18th December 2009
13.Cooperative Insurance Company Ltd.General Insurance18th September 1998
14.Cooplife Insurance Limited.Long Term Insurance1st January 2015
15.HNB Assurance PLCLong Term Insurance30th August 2001
16.HNB General Insurance Ltd.General Insurance1st January 2015
17.Janashakthi Insurance PLCLong Term Insurance12th August 1994
18.Janashakthi General Insurance LimitedGeneral Insurance1st January 2015
19.Life Insurance Corporation (Lanka) Ltd.Long Term Insurance18th December 2002
20.LOLC General Insurance LimitedGeneral Insurance01st October 2015 
21.LOLC Life Assurance LimitedLong Term Insurance30th April 2010
22.MBSL Insurance Company Ltd.Long Term Insurance
General Insurance
01st April 2005
02nd August 2005
23. General Insurance
24.Orient Insurance LimitedGeneral Insurance15th October 2011
25.People's Insurance Ltd.General Insurance02nd December 2009
26.Seemasahitha Sanasa Rakshana SamagamaLong Term Insurance
General Insurance
08th July 2003
06th January 2005
27.Sri Lanka Insurance Corporation Ltd.Long Term Insurance
General Insurance
03rd February 1993
28.Union Assurance PLCLong Term Insurance08th January 1987
29.Union Assurance General LimitedGeneral Insurance1st January 2015

 *    AIG Insurance Ltd. -  No longer accepting any new insurance business and are in the process of exiting from Sri Lanka.

arrow AIA General Insurance Lanka Limited has been amalgamated with Janashakthi General Insurance Limited with effect from
     29th January 2016.



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