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Softlogic Life Insurance Plc (Sri Lanka)

Main Activities: Agencies, Brokerages, and Other Insurance Related Activities
Full name: Softlogic Life Insurance Plc Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Asian Alliance Insurance PLC provides various life and non-life insurance products and services to corporate and individual clients in Sri Lanka. The life insurance products include family healthcare plans, retirement plans, children plans, loan protection plans, group life plans, and individual protection against accidental death and disability. The non-life insurance products comprise motor, medical, burglary, travel, professional indemnity, fire and marine, hull, fidelity guarantee, personnel, business interruption, and liability insurance. The company was established in 1999 and is based in Colombo.

Headquarters
Level 16, One Galle Face Tower
Colombo; Western Province; Postal Code: 02

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Website: http://www.softlogiclife.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1999
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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0.33%
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0.2%
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0.17%
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0.14%
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0.14%
Company Performance
Financial values in the chart are available after Softlogic Life Insurance Plc report is purchased.
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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
16.89%
Operating profit (EBIT)
-169.95%
Net Profit (Loss) for the Period
5.8%
Total assets
6.41%
Receivables
20.44%
Total equity
22.63%
Net Premiums Earned Trend
4.75%
Net Profit Trend
-21.66%
Return on Equity (ROE)
-3.38%
Loss Ratio
-12.71%
Underwriting Expenses Ratio
-1.21%

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