News

Sanasa Life Insurance Co PLC took a giant leap in the field of life insurance during the first quarter of 2023 by increasing its Gross Written (GWP) TO 959 mn. It was 504 mn in the corresponding period of 2022. It is a record growth of 90% in the first quarter of 2023. With this achievement Sanasa Life Insurance has climbed to the eighth position in the industry. They held the ninth position in 2022 with the market share (GWP) of 2.8%. Sanasa Life Insurance CEO Ivan Nicholas said, “This kind of accomplishment has been achieved due to the hard work and dedication of the employees at all levels of the company, and he believes that the company will achieve its goals even in the challenging times ahead.” Sanasa Life Insurance, Managing Director Indika Kiriwandeniya said, “Always putting the needs of the customer first, we planned and introduced insurance services by fully grasping those needs, which was the driving force behind our record – breaking expansion. We intend strengthening the consolidation of client confidence while attaining even higher financial success going future.” The vision of Sanasa Life Insurance Company PLC is to improve the living conditions while providing economic independence to those who are experiencing financial hardship. Sanasa Life has been recognized as the fastest growing life insurance company in Sri Lanka multiple times by many local and foreign awarding bodies.