News
Ceylinco Insurance ranked 9th among Sri Lanka’s Most Respected Corporates

Ceylinco Insurance was placed in the 9th position amongst the nation’s Most Respected and Admired Corporates for the year 2021 and thus becomes the Most Respected Insurer in Sri Lanka for yet another year.
This was announced by the LMD magazine in its 17th annual edition of the nation’s Most Respected and Admired Entities. Ceylinco Insurance PLC comprises of the two dominant insurers in the country, Ceylinco General Insurance Ltd and Ceylinco Life Insurance Ltd. Both, Ceylinco General Insurance and Ceylinco Life Insurance maintain their supremacy as market leaders in General and Life insurance respectively. Moving up three overall positions from the previous year, Ceylinco Insurance is placed in the 4th position in HR and People Management and in the 5th position in Quality Consciousness, Management Profile, Corporate Culture and Vision in the attributes rankings. Ceylinco Insurance is also placed amongst the top ten in 10 of the 12 attribute rankings. Based on a survey conducted by LMD together with Nielsen – it covers a well-informed sample of 800 senior managers of listed companies.
Ajith Gunawardena, Executive Chairman and Chief Executive Officer of Ceylinco Insurance PLC said, “We are proud and also humbled to be amongst the nation’s top corporates and express our gratitude to each and every one for nominating us. As a corporate entity that believes in offering innovative and customer-friendly solutions, our continuous search for excellence in customer service and commitment has enabled us to become a powerhouse of innovation and creativity, where pioneering ideas are born and given expression to become fully-fledged products and services that enhance people’s lives. Your recognition encourages us and now we are even more committed to offer innovative and customer -centric products and services to the people of the nation. Some of our innovative products have reached the grassroots level and their benefits have been reaped by people who would have never thought of getting insurance if it were not offered through channels close to the masses of this country.”
Rajkumar Renganathan, Chairman of Ceylinco Life said: “A core precept at Ceylinco Life is that respect, like trust must be earned, nurtured and built on through our actions. Seventeen consecutive years of market leadership in an industry that is heavily dependent on trust attests to the fact that Ceylinco Life has lived by this credo. As the largest life insurance company is Sri Lanka, Ceylinco Life is de-risking the future of millions of people – our policyholders and their families – and has never compromised on its mission or its core values. We not only honour every legitimate claim, we do so quickly and unobtrusively. Our generous and longstanding commitments to the community in the areas of education and health have also endeared us to, and earned the respect of Sri Lankans from all walks of life. Additionally, our persistent efforts to promote professionalism in the industry has helped change the perception of the life insurance salesperson and also contributed to the respect we have earned.”
Patrick Alwis, Chairman /Chief Executive Officer of Ceylinco General commented, “The Ceylinco VIP brand is synonymous with customer-centricity and this accolade reflects the value we infuse for customers. Our Company is founded on these principles and we remain committed to delivering industry-best insurance solutions to cater to every need of customers from all walks of life.”
Latest News
Accepting deposits for Local Authorities Election concludes

Accepting deposits from political parties and independent groups who intend to contest the forthcoming Local Authorities Election ended at 12noon today [19].
Deposits were accepted at respective District Secretariats from 3rd March 2025.
The Elections Commission has announced that the deadline for the accepting of nominations for the LA poll is set to conclude at 12:00 noon tomorrow (20).
Latest News
Former IGP Deshabandu Tennakoon has appeared before the Matara Magistrate’s Court

It has been reported that the former Inspector General of Police (IGP) Deshabandu Tennakoon has appeared before the Matara Magistrate’s Court this morning (19),
The former IGP had been evading arrest after the Matara Magistrate’s court had ordered his arrest regarding a shooting incident that took place in front of the W15 Hotel Pelena, Weligama, Matara, in 2023.
News
Ex-Minister ordered to pay loan interest in arrears for 24 yrs

The government has begun recovering funds obtained by former Lands and Land Development, Environment and Wildlife Resources Minister SM Chandrasena for the Janatha Lanka Chilli Marketing Limited (JLCML), which he headed, Parliament was informed yesterday.
Agriculture, Livestock, Land, and Irrigation Minister Namal Karunaratne said that as the Chairman of JLCML, Chandrasena had obtained a loan of Rs. 1,275,000 from the Mihintale Govijana Seva Bank in 2001.
The principal of the loan had not been repaid until the end of last year. “After we came to power, we demanded that the loan be settled. Then, we discovered that the interest on the loan had not been paid for the past 24 years, and attempts had been made to have the loan written off. We stopped that and are now in the process of recovering the interest of Rs. 1,975,233 on the loan,” Karunaratne said.
Karunaratne added that JLCML was registered as a company with the Registrar of Companies on March 21, 2001. As Chairman of the company, Chandrasena requested a loan of Rs. 10 million on April 19, 2001, for the purpose of purchasing chillies from farmers in 12 farmer colonies in the Mihintale Agrarian Service area.
The request was approved by the Mihintale Agrarian Service Committee on the same day and referred to the Anuradhapura District Agrarian Operations Committee, which approved it on April 23, 2001. However, the Agriculture Development Commissioner General recommended that a loan of Rs. 1.2 million would suffice for this purpose. JLCML took the loan and failed to repay it until the end of last year. When the matter was raised, the principal was paid, and we are now in the process of recovering the interest that was not paid for the past 24 years,” Karunaratne added.
By Saman Indrajith
-
Foreign News4 days ago
Search continues in Dominican Republic for missing student Sudiksha Konanki
-
Features7 days ago
Richard de Zoysa at 67
-
Features4 days ago
The Royal-Thomian and its Timeless Charm
-
News5 days ago
DPMC unveils brand-new Bajaj three-wheeler
-
Features4 days ago
‘Thomia’: Richard Simon’s Masterpiece
-
Features7 days ago
SL Navy helping save kidneys
-
Sports2 days ago
Sri Lanka to compete against USA, Jamaica in relay finals
-
Features6 days ago
Women’s struggles and men’s unions