Who We Are

Ceylinco Life is committed to embracing the highest standards of governance and conducts its affairs with utmost intellectual honesty, integrity and diligence whilst being mindful of its obligations to the society and the environment.

The Company’s  governance framework is based on the Code of Best Practice on Corporate Governance issued by CA Sri Lanka and  the Rules of the Colombo Stock Exchange on Corporate Governance, wherever applicable.

The Company complies with the following legislations, rules and regulations, wherever applicable.

• Companies Act, No. 07 of 2007
• Regulation of Insurance Industry Act, No. 43 of 2000 as amended
• Directions, Determinations and Circulars issued by the Insurance Regulatory Commission of  Sri Lanka (IRCSL)
• Directions and Determinations of Inland Revenue Act, No. 24 of 2017 (as amended)
• CSE Rules on Corporate Governance (as mandated by the IRCSL)
• Code of Best Practice on Corporate Governance issued by CA Sri Lanka (voluntary compliance)
• Financial Transactions Reporting Act, No. 06 of 2006

Ceylinco Life has established and maintained the following policies in terms of the Rules of the Colombo Stock Exchange on Corporate Governance.

• Policy on Matters relating to the Board of Directors
• Policy on Board Committees
• Policy on Corporate Governance, Re-election and Nomination
• Policy on Remuneration
• Policy on Internal code of business conduct and ethics for all directors and employees 
• Policy on Relations with Shareholders and Investors (click here to access the policy)
• Policy on Corporate Disclosures
• Policy on Whistleblowing
• Policy on Anti-Bribery and Corruption
• Policy on Risk management and Internal controls
• Policy on Environmental, Social and Governance Sustainability
• Policy on Control and Management of Company Assets and Shareholder Investments

        (I) Non-Financial Asset Management Policy
       (ii) Investment Policy Statement – Shareholders’ Fund