Lavan Somarathna .  

Financial Solutions By Lavan Somarathna

Colombo 02, Sri Lanka


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Financial Solutions By Lavan Somarathna

Colombo 02, Sri Lanka

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Verified as Financial Solutions By Lavan Somarathna

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The financial stability of Sri Lanka Insurance Corporation, and our well-established repute as a state-owned company with the most experienced technical knowledge base in the industry, deliver reliable and long-term investment solutions for individual and business liabilities. We lay claim to a staggering asset base of over LKR 274 billion backed by the largest life insurance fund in Sri Lanka amounting in excess of LKR 156.7 billion, affording us the opportunity to declare the largest bonus (LKR 10.49 Billion) in the history of the insurance industry in Sri Lanka. We guarantee a substantially larger bonus for all life policyholders from the very first year, calculated based on the total sum assured rather than a premium payment. Backed by world-renowned reinsurance companies such as Unique Reinsurance and Swiss Re, we made yet another industry first with the largest claim ever to be paid in Sri Lanka of LKR 39.5 billion. Sri Lanka Insurance Corporation is the only insurance company in Sri Lanka to receive an A (lka) National IFS Rating by Fitch Ratings for strong financial stability. We are also the only insurance company to be awarded the ISO 9001: 2015 Quality Management Certificate for our internationally benchmarked Quality Management principles including strong governance and continual improvement across our network of 158 branches in Sri Lanka.

Incorporation Type

Co-Op

Verified as Financial Solutions By Lavan Somarathna

Year of Establishment

January 1962

Nature of Business

Service Provider / Service Center / Professional Services / Investor

No. of Employees

1000+ People

Annual Turnover Above LKR 250 Mn

Industry Banking & Finance, Accounting & Taxation > Life & General Insurance

Location(s) Colombo 02 (Sri Lanka) |

Contact us

  • Inquiring or Buying
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Digital Address

Key Contacts

Lavan Somarathna

Admin

Addresses

Primary My Location

Head-office/Primary office

Sri Lanka Insurance Corporation Ltd Head Office, 21 Vauxhall Street
Colombo 02 Colombo 00200
Sri Lanka

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UAE: Trade License 

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About Banking & Finance, Accounting & Taxation

HSN Code

HSN Description

  • 997132

    Life insurance services (excluding reinsurance services)

  • 997141

    Life reinsurance services

  • 997151

    Services related to investment banking such as mergers & acquisition services

  • 998222

    Accounting and bookkeeping services

Lavan Somarathna

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