With a Life Fund exceeding Rs. 88 billion, being the fastest growing Life Fund in the industry, over Rs. 9.9 billion in customer benefits provided to policyholders during the year 2018 and 16 years as Market Leader, Ceylinco Life is proud of what we have achieved, both in terms of corporate goals and what we have given back to our policy holders.
You can download or view the Ceylinco Life 2018 Annual Report “Enduring Trust” from below
The Life Fund of the Company exceeded Rs.88 billion as at 31st December 2018 and is the fastest growing Life Fund in the industry.
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 2018 below.
The investments pertaining to the Life-Fund are made in conformity with the investment guidelines stipulated under the Regulation of the Insurance Industry Act No. 43 of 2000.
40% – Government Securities
28% – Corporate Debt
23% – Term Deposits
7% – Real Estate
2% – Other
For more details check our Annual Report 2018 below.
9.9 billion rupees worth of customer benefits provided to policyholders during the year 2018
Customer Benefits Paid in 2018
| Death Claims & Other Claims | Rs.807 Mn |
| Cash/Loyalty Bonuses | Rs. 159 mn |
| Maturities | Rs. 6,386 mn |
For more details check our Annual Report 2018 below.
Ceylinco Life gained its leadership position in the life insurance industry back in 2004 with a premium income of Rs. 3,962 million. We continue to be the market leader for the 15th consecutive year with a recorded premium income of Rs. 17.8 billion and a market share of 22% as at 31.12.2018
For more details check our Annual Report 2018 below.
