The Colombo Stock Market will soon see a flurry of listed insurance corporates with the Amendments to the Insurance Act No 43 of 2000 requiring unlisted insurance corporates to list, and also composite companies to segregate their businesses.
The segregation of the businesses for the composite companies will mean that the companies which will have both life and general insurance businesses separated and also listed.
There is a total of 19 insurance companies of which seven are listed. The seven listed insurance companies are, Ceylinco Insurance, Aviva NDB, Union Assurance, HNB Assurance, Amana Takaful and Janashakthi.
( http://www.dailynews.lk/2011/08/13/bus01.asp )
Insurance firms in Sri Lanka
Allianz Insurance Lanka Ltd
Allianz Life Insurance Lanka Ltd
Amana Takaful PLC
Asian Alliance Insurance PLC
AVIVA NDB Insurance PLC (Formerly Eagle Insurance PLC)
Ceylinco Insurance PLC
Ceylinco Takaful Limited
CHARTIS Insurance Limited
Continental Insurance Lanka Ltd
Cooperative Insurance Co Ltd
HNB Assurance PLC
Janashakthi Insurance PLC
Life Insurance Corporation (Lanka) Ltd
LOLC Insurance Company Limited
MBSL Insurance Company Ltd
National Insurance Trust Fund
People's Insurance Ltd
Seemasahitha Sanasa Rakshana Samagama
Sri Lanka Insurance Corporation Ltd
Union Assurance PLC
( http://www.ibsl.gov.lk/insurance_companies.htm )