Janashakthi Life outperforms industry in 2Q

• 61% new business growth and 70% profit surge

Chairperson Annika Senanayake

Director/CEO Ravi Liyanage

Janashakthi Life has once again proven its mettle, delivering a stellar performance in 2Q 2025 and solidifying its position as one of Sri Lanka’s fastest-growing life insurers. 

Continuing its consistent growth path, Janashakthi Life’s first-year premium saw an impressive 61 percent increase over the same period last year, demonstrating not only strength but also exceptional agility in a challenging economic climate. As the flagship company of JXG (Janashakthi Group), Janashakthi Life announced its financial results for the second quarter year-to-date (2Q YTD) 2025, showcasing strength, strategic clarity and sustainable growth.

Regular long-term business grew by 32 percent year-on-year (YoY), underscoring the company’s ability to deepen long-term customer value while ensuring steady income streams. Gross written premiums reached Rs.3,769 million, reflecting a robust 27 percent YoY increase, even amid broader market pressures, clearly marking Janashakthi Life as an outperformer in the sector.

Profitability surged with a net profit of Rs.1,318 million - a significant 70 percent increase, compared to Rs.777 million in the same period last year. Total assets rose to Rs.39 billion as of end-June 2025.

The company’s relentless focus on product innovation and customer experience paid off handsomely, with new business premiums soaring by 73 percent in regular first-year premium. 

During the period under review, the company paid claims and benefits totalling Rs.1,589 million, reaffirming its steadfast commitment to the policyholders and its role as a trusted and dependable insurance partner.

Janashakthi Insurance Chairperson Annika Senanayake said, “The sustained growth in our topline and bottom line is a direct outcome of the clarity in our strategic direction and the strength of our team.”

Janashakthi Insurance Director/Chief Executive Officer Ravi Liyanage said, “Profitability is looking even stronger with 70 percent YTD growth and stronger contribution in 2Q. The growth in new business and profitability highlights our ability to stay connected to customer needs and deliver solutions that matter.”