News
SLIC appoints Nalin Subasinghe as CEO
Sri Lanka Insurance Life (SLIC Life), the nation’s largest and strongest Life Insurer, is pleased to announce the appointment of Nalin Subasinghe as its new Chief Executive Officer, effective 3rd November 2025.
Subasinghe brings over 21 years of extensive experience in the insurance industry, with a distinguished track record spanning both Life and General Insurance, including 15 years in C-Suite leadership positions. His career began with Sri Lanka Insurance Corporation in 2004, where he served as Deputy General Manager – Actuarial and Risk Management, and also held the role of Head of Investment. He also represented SLIC as the Nominee Director at Capital Alliance Investments Limited and Ceylon Asset Management Limited.
Prior to his current appointment, he held the position of Chief Actuarial Officer/General Manager at HNB Assurance PLC, HNB General Insurance Limited.
He has also served as the Chief Actuarial Officer/General Manager at Union Assurance PLC (Vice President, John Keells Holdings PLC).
In addition to his corporate leadership roles, Subasinghe has made significant contributions to the actuarial profession and local insurance industry. He is currently the Vice President of the Actuarial Association of Sri Lanka (AASL) and has served as Chairman of the Actuarial Sub-committee of the Insurance Association of Sri Lanka (IASL).
Subasinghe holds a Bachelor of Science (Hons) Degree in Finance Business and Computational Mathematics from the University of Colombo and a Master of Science Degree in Actuarial Management from Heriot-Watt University, Edinburgh, UK.
Sri Lanka Insurance Life, with over six decades of excellence as the largest government-owned life insurer, manages an asset base of Rs. 264 billion and the largest Life Fund in the industry at Rs. 239 billion. It is the only life insurer in the country to hold a Fitch Rating of A+ (lka) for long-term financial stability and has been recognized as the ‘Most Loved Life Insurance Brand’ for the eighth consecutive year. Continuing its journey of growth and transformation, SLIC Life remains committed to innovation, customer trust, and delivering lasting value to policyholders and the nation.
INS Sindhukesari, a submarine serving in the Indian Navy, arrived at the port of Colombo on 03 May 26 to undertake Operational Turnarounds.
The visiting submarine was welcomed by the Sri Lanka Navy in precision with naval traditions.
Throughout its stay in the island, the submarine’s crew is scheduled to participate in a variety of programmes organized by the Sri Lanka Navy, including visits to several tourist attractions in Sri Lanka.
Mikhail Murashko, Minister of Health of the Russian Federation, officially visited the Russian House in Colombo to attend the Sri Lanka–Russia Medical Forum, where members of the Sri Lanka Russia Business Council and graduates from the Association of Sri Lankan Graduates from Socialist countries (ASLGSC) attended.
This historic gathering was graced by rectors and representatives from several world-class Russian medical institutions, including Kursk State Medical University, Sechenov First Moscow State Medical University, and Tver State Medical University, among others.
The forum commenced with an address by Minister Murashko, during which Russian medical graduates in attendance raised pertinent questions regarding medical and pharmaceutical sector opportunities in Sri Lanka.
Levan Dzhagaryan, Ambassador of the Russian Federation to Sri Lanka and the Maldives, together with Madam Maria L. Popova, Counsellor of the Embassy of the Russian Federation in Sri Lanka & the Maldives and Director of the Russian House in Colombo, graced the occasion. Both officials expressed strong support for continued collaboration and future initiatives between the two nations.
The official appointment letters for the members of the newly established “Cricket Transformation Committee” (CTC) were handed over on Monday (04) by the Minister of Youth Affairs and Sports, Sunil Kumara Gamage.
The following members received their letters of appointment at the Ministry premises:
Sidath Wettimuny
Thushira Radella
Prakash Schaffter
Ms. Avanthi Colombage
The Ministry also noted that veteran cricketers Roshan Mahanama and Kumar Sangakkara, who are key members of the committee, are currently overseas. Their official appointments will be formalised immediately upon their arrival in Sri Lanka.
The Cricket Transformation Committee has been mandated to oversee the administration and drive structural reforms within Sri Lanka Cricket (SLC) in accordance with the powers vested in the Minister under the Sports Act No. 25 of 1973.
INS Sindhukesari arrives in Colombo
Minister of Health of the Russian Federation attends the Sri Lanka–Russia Medical Forum
Members of Sri Lanka Cricket Transformation Committee Officially Appointed
Three prison guards arrested following the death of an inmate
Showers or thundershowers will occur at most places of the island after 1.00 pm.
CJ urged to inquire into AKD’s remarks on May 25 court verdict
‘Dates have the highest sugar content to fight Coronavirus’
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