Since 2006, the Sri Lanka Insurance Corporation (SLIC) has triumphed in declaring the highest life insurance bonuses year on year in the industry – which is now more than a massive Rs. 104 billion – making the SLIC bonus declaration unmatchable.
By declaring the highest and largest ever life insurance bonus in the country, SLICLL has upheld the trust placed by policyholders as the strongest insurance provider in Sri Lanka. Despite internal changes and the economic and social impact felt by the company,
SLICLL was able to increase its asset base to Rs. 221 billion and the life fund to Rs. 180.8 billion to further strengthen its position as the largest and strongest local insurer.
Furthermore, the monthly average life insurance claim settlement exceeds Rs. 1 billion amounting to around Rs. 12 billion annually, in addition to the annual bonus declaration.