Sri Lanka solutions

AIA regional solutions for Sri Lanka

AIA Sri Lanka

In 2023, Sri Lanka demonstrated remarkable resilience, tenacity, and perseverance amidst unprecedented economic challenges, setting the foundation for the envisaged economic recovery in 2024. The successful progress of the International Monetary Fund (IMF) Extended Fund Facility (EFF) played a pivotal role in bolstering macroeconomic stability and ensuring the Country’s debt sustainability. Despite the challenges faced by the Country, AIA Sri Lanka achieved noteworthy milestones, marking one of its most successful years with significant year-on-year business growth. Further, AIA Sri Lanka rolled out many initiatives for our customers and communities and we take pride in our ability to support and assist our valued customers during these challenging times, enabling them to continue their journey with AIA. The efforts enabled AIA Sri Lanka to complete the year as a life insurer with one of the largest renewal premium bases in Sri Lanka. This is a testament to the trust placed on us by our customers, continuing their journey with the Company.

AIA Sri Lanka has a strong distribution network covering the entire island, employing over 4,000 Wealth Planners and operates over 100 branch offices. It is also the pioneer in Bancassurance in the country and works with some of the leading banks, further expanding its distribution network. AIA Sri Lanka has received many accolades over the years and is the proud employer of a talent pool consisting of around 848 highly engaged individuals. As of 31st December 2023, AIA Sri Lanka’s total asset base was valued at over LKR 96.8 billion with a total revenue of LKR 31.9 billion.

Notes:
Source: AIA Annual Report 2023
 

AIA Sri Lanka unique selling points

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