This independent recognition highlights the company’s strong financial position, commitment to transparency and long-term stability.
As Janashakthi Life proudly celebrates 31 years of operations during the month of September 2025, which is also the Insurance Month, this milestone comes at a pivotal time for the company.
Having outpaced the industry as the fastest-growing insurer in Q1 2025 with a 49% growth in Gross Written Premium, and having exceeded key industry benchmarks across First Year Premium, Long-term Business, Gross Written Premium, and New Business during the first half of the year, this recognition further underscores the insurer’s strong and sustained growth development.
The rating reflects Janashakthi Life’s robust governance framework, ensuring transparency, accountability, and compliance with industry best practices.
Its approach to professional management, supported by an experience leadership team and clear processes, enables the company to navigate challenges effectively while pursuing sustainable growth.
The companies unwavering commitment to creating long-term value for policyholders and stakeholders emphasizes its focus on financial stability, customer-centric innovation, and ethical business conduct.
Together, these factors reinforce the company’s resilience and position it as a trusted and responsible player in the insurance sector.
Risk-based Capital Adequacy Ratio reflects strong organic capital generation, exceeding industry benchmarks without dependence on external support.
It also highlights the strength of our internal risk management framework and the ability to sustain capital growth.
In parallel, consistent investment yields continue to outperform industry norms, underscoring superior Janashakthi Life is positioned within the next 2–3 quarters to achieve an expense ratio that places the company at the forefront of industry efficiency, reinforcing both our competitive pricing power and operational excellence.
Ravi Liyanage, Director/CEO of Janashakthi Insurance PLC, commented on the achievement, stating,
"Janashakthi Life's robust foundations are reaffirmed by this strong credit rating.
It is an acknowledgement of our steadfast dedication to transparency, stability and customer trust ensuring our policyholders that their policy benefits are secure in the long run due to our long-term focus to deliver on our every promise in protecting our policyholders and their family’s future.
This milestone is a celebration of our journey as a homegrown brand and a testament to the continued faith that our customers have in us.”
Adding to this, Jude Shanmugam, Chief Financial Officer of Janashakthi Insurance PLC stated,
"Our strong financial management procedures and ability to withstand a challenging operating environment are reflected in our A-rating.
It strengthens stakeholder trust in the company's capacity to fulfill its commitments and justifies our approach of promoting sustainable growth.
Further, Janashakthi Life, recorded strong results for Q2 YTD 2025, continuing its growth momentum.
First-year premiums grew by 61% year-on-year, reflecting agility in a challenging economic climate.
Regular long-term business rose by 32%, strengthening long-term customer value and steady income streams.
Gross Written Premiums (GWP) increased 27% to LKR 3,769 million, positioning the company as a sector outperformer.
Net profit surged 70% to LKR 1,318 million from LKR 777 million last year, while total assets climbed to LKR 40 billion by end-June 2025, reinforcing its solid financial base and growth capacity.
The A- rating reflects not only Janashakthi Life’s robust financial performance but also the dedication of its team, whose efforts have reinforced the company’s position as one of Sri Lanka’s most trusted life insurers.
As Janashakthi Life marches its three-decade journey, the company remains committed to building long-term value by staying true to its core values integrity, collaboration, respect, performance driven and innovation.