Ceylinco Holdings PLC is the largest private sector insurance company in Sri Lanka. The company is also engaged in the education and renewable energy sectors. The company offers both life insurance and all classes of general insurance.[2] The company was incorporated in 1987 when the government ended its state monopoly over the insurance sector and the company was listed on the Colombo Stock Exchange the following year. Ceylinco Insurance is an LMD 100 company, an annual list of public companies in Sri Lanka by revenue and ranked 23rd in the 2020/21 edition.[3]
History
The company traces its origin to the founding of Ceylon Insurance Company by Hugh C. Weeresekere in 1939.[4] Due to an illness, Weeresekere left the company to Justin Kotelawala, who managed the company for 25 years.[5] The insurance industry in Sri Lanka was a state monopoly from its