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Invest in a peaceful retirement with Life Insurance

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Life is a beautiful journey – but often unpredictable, as events outside our control can derail the best-laid plans. While we may have no influence over many of these major life events, we can definitely protect our loved ones and ourselves by using insurance both as protection against emergencies and as an investment. With increased life expectancy, people are leading longer lives, but unfortunately after retirement there is no security of a monthly income. This is where insurance kicks in – as it ensures financial independence to enjoy your preferred lifestyle while protecting you against unforeseen circumstances such as medical emergencies which are usually unavoidable in old age.

Moreover, having Life Insurance can give peace of mind to your family members and help minimize the financial impact in case of serious illnesses or the policyholder’s untimely demise. In addition, insurance retirement plans offer income replacement, as in the event of the policyholder’s death, Life Insurance can provide financial benefits as lump-sum or regular instalments which will ensure your loved ones will get to enjoy the lifestyle you envisioned for their future without hassle.

Also the strong financial security provided by insurance ensures one can enjoy the same lifestyle even after retirement, and without compromising on life goals such as travel and lifestyle expenses. Therefore, the best time to decide on a long-term life insurance plan is when an individual is at the prime of life so that you are rest assured that you have provided wisely for your retirement. It is important to invest at a young age where the premium one has to pay is way less oppose to starting a retirement plan at an older age. Depending on the age and medical conditions the premiums will differ and in most cases it will be higher.

Sound retirement plans can help to plan out your post retirement life as it should be after years of working hard for your loved ones as they can provide policyholders with a monthly income to be financially independent alongside Health and other benefits. Customers have the option of adding covers such as critical illness coverage, extended permanent disability benefits due to accidents, family protection benefits, and many more to their retirement plans

There are numerous retirement plans in the market which are made available by the Life Insurance companies in Sri Lanka. Insurance Association of Sri Lanka (IASL) reiterates the importance of having a Life Insurance plan for every individual from all walks of life and therefore invites all citizens to study the available plans and select the most suitable plan which will provide benefits for a peaceful and enjoyable retirement.



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Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.

The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.

Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.

The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.

The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.

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CEAT Kelani retains AA+ rating for sixth year

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CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.

The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.

Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.

The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.

Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.

The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.

CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.

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Commercial Bank leads nationwide aquatic clean-up drive

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Sanath Manatunge, Managing Director/CEO of Commercial Bank and some of the Bank’s staff participating in the coastal cleanup programme

Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.

Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.

The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.

Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.

The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.

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