Investor Relations
Ceylinco Life has the fastest growing life fund in the industry, exceeding Rs. 157 billion in 2023 and recording Rs. 23 billion in customer benefits in the same year.
During our 20 years as the market leader in life insurance, we have been recognised as one of the most financially strong and stable companies. We strive to reflect this stability in the lives of our customers so that they may in turn achieve their goals and live well.
You can download or view the Ceylinco Life 2023 Annual Report “The Core of Trust” from below.
Financial Stability
Our Life Fund exceeded Rs. 157 billion as of 31st December 2023 and is currently the fastest growing life fund in the industry, recording Rs. 23 billion in customer benefits in the same year.
Our actuarial valuation of the Life Fund is carried out by the Independent Consulting Actuary, Willis Towers Watson.
For more details check our Annual Report 2023 below.
Investments pertaining to the Life Fund of Ceylinco Life
Investments pertaining to the Life Fund are made to conform with the investment guidelines stipulated under the Regulation of the Insurance Industry Act No. 43 of 2000.
58% – Government Securities
27% – Term Deposits
7% – Corporate Debt
8% – Real Estate
1% – Other
For more details check our Annual Report 2023 below.
Customer Benefits
We are proud to state that we have provided customer benefits worth Rs. 23 billion to policyholders during the year 2023.
Customer Benefits Paid in 2023
| Death claims paid | 1,197 Rs. Mn |
| Cash/Loyalty Bonuses | 4,500 Rs. Mn |
| Maturities | 16.6 Rs. Bn |
For more details check our Annual Report 2023 below.
20 years as market leader means trust & stability
For more details check our Annual Report 2023 below. We first gained our position as a market leader in life insurance in 2004 with a premium income of Rs. 3,962 million. We have continued that momentum for our 20th consecutive year.
For more details, refer below to our Annual Report 2023.
