Sri Lanka Insurance Corporation engages in the business of life and general insurance services. It operates through the Life Fund and the General Fund business segments. The Life Fund segment represents all long term insurance business related products and riders. The General Fund segment includes short term insurance related to home and travel insurances. The company was founded in 1962 and is headquartered in Colombo, Sri Lanka.
Sri Lanka Insurance Corporation

Type
State Owned Enterprise
Industry
Insurance
ROA
3.3
Governance
58.3
Profits/Losses
LKR 6,930,328
Governance Indicators
A systematic measure of how well this SOE is managed.
2020
Year of the most recent Annual Report available online
1
Have Annual Reports for the last five years been tabled in Parliament?
2
Does the Annual Report include the mandatory provisions set out in the PED guidelines?
1
Is the Audit Clean / Qualified / Disclaimer?
0
Is the information pertaining to the RTI officer available on the website?
0
Does the SOE respond to an RTI within the timeframe specified in the Act?
1
Does the SOE have a website?
2
Does the SOE website contain sufficient organtisational details?
1
Does the SOE website contain tender and procurement details?
Annual Report
Auditing Standards
Rights to Information
Accessibility of Information
Interpretation of the indicators
Good
2
Average
1
Bad
0
Financials
Available Financial data for the last few years.
Year | Turnover (LKR) | Total Assets | Profit/Loss | Total Debt | Total Liabilities | Total Equity | Operational Profits | ROA |
---|---|---|---|---|---|---|---|---|
2020
|
99,849,812
|
289,716,794
|
6,930,328 | Data Not Available |
196,501,651
|
93,215,143
|
9,490,838
|
2.5
|
2019
|
98,779,167
|
243,789,031
|
4,513,837 | Data Not Available |
173,669,744
|
91,108,503
|
8,362,826
|
1.8
|
2018
|
92,103,275
|
243,789,031
|
7,602,900 | Data Not Available |
155,474,529
|
88,314,502
|
10,421,569
|
3.2
|
2017
|
78,578,019
|
231,782,408
|
6,567,584 | Data Not Available |
145,691,965
|
86,090,443
|
8,979,794
|
2.9
|
2016
|
67,764,329
|
213,797,636
|
10,484,936 | Data Not Available |
126,999,395
|
86,798,241
|
13,814,064
|
5
|
2015
|
62,072,276
|
206,485,989
|
8,585,820 | Data Not Available |
116,807,298
|
89,678,691
|
12,043,461
|
4.3
|