Sri Lanka Insurance Corporation – General Insurance
An excellent investment opportunity is presented with Sri Lanka Insurance Corporation (SLIC), a prominent player in the insurance industry, stands as a cornerstone of trust and reliability in Sri Lanka’s financial landscape. The company has a rich heritage dating back to its establishment in 1962 and the company has continually evolved to meet the diverse needs of its customers. As a comprehensive insurance provider, SLIC’s general insurance segment has become synonymous with financial protection, innovation, and customer-centricity. In terms of Section 53 of the Regulation of Insurance Industry (Amendment) Act No. 3 of 2011, all composite insurance companies are required to split their Life and Non-life insurance business into two separate legal entities. With the segregation of SLIC, SLIC General Limited is committed to delivering a range of general insurance products ensuring a robust portfolio that caters to the varying requirements of its clientele. SLIC presents an excellent business opportunity for consideration. With a steadfast commitment to financial stability and reliability, SLIC General Limited upholds the tradition of excellence set by its parent company. SLIC can be considered as a best business investment. Employing a multi-channel distribution strategy, SLIC General Insurance ensures accessibility and convenience for customers through traditional agents and digital platforms, extending its services nationwide. Throughout the decades, SLIC has demonstrated consistent progress, advancing from strength to strength. The company has diversified its interests and made strategic investments across key industries, including banking and finance, healthcare, power and energy, and the hospitality sector. The diversification reflects SLIC’s commitment to expanding its footprint and contributing to the economic development of the country. SLIC General Insurance Fund, valued at USD 64 million, is a key financial asset that empowers the company to fulfill its core mission of providing reliable and comprehensive non-life insurance services while maintaining a robust financial position in the dynamic insurance landscape. In essence, SLIC General Limited’s narrative echoes the overarching legacy of SLIC, marked by excellence, financial resilience, and a dedication to delivering toptier insurance solutions, thereby contributing significantly to the economic prosperity and well-being of Sri Lanka. SLIC is a business opportunity not to be missed.
| SECTOR : | Insurance |
| PROJECT VALUE : | Contact OSL |
| EXPECTED INVESTMENT : | Contact OSL |
| INVESTMENT TYPE : | Contact OSL |
| OPPORTUNITY CODE : | VBS/08022024/X_1 |