REQUEST A DEMO
Total
USD $0.00
Search more companies

Sanasa Life Insurance Company Plc (Sri Lanka)

Main Activities: Direct Life Insurance Carriers
Full name: Sanasa Life Insurance Company Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Company is engaged in Life Insurance sector. The Company is involved in providing life solutions for both individual and corporate customers. Life insurance is a protection against financial losses that would result from an insured event adversely affecting the insured In such situations, the nominated beneficiary receives the proceeds and is there by safe guarded from financial impacts of the insured event. the benefit paid by the life insurer is consideraion for premium payments made by the insurered.
-2002: The Company was incorporated under the Companies Act No.17 of 1982 on November 20, 2002 in Srilanka named as Lanka Mutual Assurance Organization Limited.
-2004: The Company s name was changed from Lanka Mutual Assurance Organization Limited to Seemasahitha Sanasa Almao Rakshana Samagama on October 20, 2004.
-2006: The Company s name was changed from Seemasahitha Sanasa Almao Rakshana Samagama to Seemasahitha Sanasa Rakshana Samagama on February 21, 2006.
-2019: The Company s name was changed from Seemasahitha Sanasa Rakshana Samagama to Sanasa Life Insurance Company Limited on June 20, 2019.
-2021:
The Company was listed on Colombo Stock Exchange on August 11, 2021.
The Company s name was changed from Sanasa Life Insurance Company Limited to Sanasa Life Insurance Company PLC on October 27, 2021.
-2022: The Company Register was changed from PB 379 to PQ 00247201 on December 31, 2022.

Headquarters
No. 340 2/1, R. A. De Mel Mawatha
Colombo; Western Province; Postal Code: 03

Contact Details: Purchase the Sanasa Life Insurance Company Plc report to view the information.

Website: http://www.sicl.lk

Basic Information
Total Employees:
Purchase the Sanasa Life Insurance Company Plc report to view the information.
Outstanding Shares:
Purchase the Sanasa Life Insurance Company Plc report to view the information.
Financial Auditors:
Purchase the Sanasa Life Insurance Company Plc report to view the information.
Incorporation Date:
2002
Key Executives
Purchase this report to view the information.
Chairman
Purchase this report to view the information.
Chief Executive Officer
Purchase this report to view the information.
Chief Financial Officer
Purchase this report to view the information.
Chief Operating Officer
Purchase this report to view the information.
Director/Member of the Board
Ownership Details
Purchase this report to view the information.
4%
Purchase this report to view the information.
1.7%
Purchase this report to view the information.
0.6%
Subsidiaries
Sanasa Media Networks (Private) Limited
91%
Sanasa General Insurance Company Limited
60.15%
Kelani Tyres Plc
0.53%
Company Performance
Financial values in the chart are available after Sanasa Life Insurance Company Plc report is purchased.
Looking for more than just a company report?

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

Request a demo of the EMIS service
Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
99.03%
Operating profit (EBIT)
143.19%
Net Profit (Loss) for the Period
735.38%
Total assets
39.27%
Investments
35.8%
Receivables
55.69%
Total equity
39.52%
Net Premiums Earned Trend
-428.99%
Net Profit Trend
658.47%
Return on Equity (ROE)
25.5%
Loss Ratio
-1.3%
Underwriting Expenses Ratio
-7.24%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?