SLIC declares staggering bonus of Rs.10.4bn for life policyholders

From left: Namalee A. Silva-  Deputy General Manager/Head of Marketing and Business Development, Chandana L. Aluthgama - Chief Executive Officer, S. M. Olegasegaram – Managing Director of Compreli Consulting (Pvt) Ltd, Malaka Bandara – Chief Financial Officer, Dayaratne Perera – Chief Officer – Life Insurance

• For the first time to surpass Rs.10bn life insurance bonus in insurance industry
• Highest life insurance bonus YoY cumulating to a massive Rs.92.8bn since 2006

Sri Lanka Insurance (SLIC) yet again has outshined its own record to declare the largest life insurance bonus in the industry amounting to a staggering Rs. 10.4 billion for the year 2022 to its policyholders. 
Since 2006, SLIC has triumphed in declaring the highest life insurance bonuses year-on-year in the industry cumulating to a massive Rs. 92.8 billion making the SLIC bonus declaration unmatchable. 
By declaring the highest and largest ever life insurance bonus in the country, SLIC has upheld the trust placed by policyholders as the strongest insurance provider in Sri Lanka. 

Despite the challenging market conditions, SLIC has been able to increase its asset base to Rs. 274 billion and the life fund to Rs. 156.7 billion, to further strengthen its position as the largest and strongest local insurer.
This affirms the prudent investment management strategies of the company and further emphasis on Sri Lanka Insurance’s commitment towards its policyholders and their well-being.
Also, SLIC is the only insurer in the country to be rated with an A(lka) Fitch rating for insurer financial strength in the country