Stock ASIAN ALLIANCE INSURANCE PLC
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Inactive Instrument

Company Asian Alliance Insurance PLC Colombo S.E.

Equities

Multiline Insurance & Brokers

End-of-day quote Colombo S.E.
Other stock markets
- - Intraday chart for Asian Alliance Insurance PLC
Feb. 13 Softlogic Life Insurance PLC Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Feb. 13 Softlogic Life Insurance PLC Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 CI

Business Summary

Softlogic Life Insurance PLC is a Sri Lanka-based company that is engaged in providing life insurance solutions for both individual and corporate customers. The Company's products include protection, investment, retirement, health care, corporate and optional benefits. Its protection products include Softlogic Life Legacy Plan, Softlogic Life Online Plan and Softlogic Life Family Plan. Its investment plan products include Softlogic Life Wealth Plan, Softlogic Life Dollar Saver and Softlogic Life Protected Savings Plan. The Company's retirement products include Softlogic Life Retirement Plan (Retire with Pride), Softlogic Life Corporate Pension Plan and Softlogic Life Universal Plan. The Company's healthcare products include Softlogic Life Good Health Series and Softlogic Life Healthcare Plan. Its corporate products include Softlogic Retail Cover, Softlogic Finance Gold Loan Cover and Softlogic Life Group Life Plan. Its optional benefits include Isiwara Weda Varuna and health riders.

Sales per Business

LKR in Million2022Weight2023Weight Delta
Policyholder Fund
93.1 %
23,721 92.9 % 29,619 93.1 % +24.86%
Shareholder Fund
6.9 %
1,803 7.1 % 2,179 6.9 % +20.85%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
100.0 %
25,525 100.0 % 31,799 100.0 % +24.58%

Managers

Managers TitleAgeSince
Tuan Ahamed CEO
 Chief Executive Officer 61 09-12-31
Nuwan Withanage DFI
 Director of Finance/CFO - 13-12-31
Pranama Perera CTO
 Chief Tech/Sci/R&D Officer - -
Rosheni Wickramaratne CMP
 Compliance Officer - 16-03-31
Ruwantha Arukwatta CMP
 Compliance Officer - 13-12-31
Saranga Wijayarathne CTO
 Chief Tech/Sci/R&D Officer - -
Amal Dharmapriya CTO
 Chief Tech/Sci/R&D Officer - 16-09-30
Rushika Bemunuge PRN
 Corporate Officer/Principal - -
Suranga Waduge PRN
 Corporate Officer/Principal - -
Hiran Gunawardena PRN
 Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Ashok Kariyawasam Pathirage CHM
 Chairman 59 11-09-06
Punsisi Withana BRD
 Director/Board Member 62 21-06-30
Haresh Kumar Kaimal BRD
 Director/Board Member 58 18-07-02
Tuan Ahamed CEO
 Chief Executive Officer 61 09-12-31
Visvanathamoorthy Govindasamy BRD
 Director/Board Member 60 20-01-16
Raimund Snyders BRD
 Director/Board Member 59 -
Fernanda Lima BRD
 Director/Board Member 51 18-12-20
Fernanda Lima BRD
 Director/Board Member - 18-11-30
Sanjaya Mohottala BRD
 Director/Board Member 47 21-06-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 375,000,000 29,870,474 ( 7.965 %) 0 7.965 %

Shareholders

NameEquities%Valuation
SOFTLOGIC CAPITAL PLC
51.72 %
193,945,760 51.72 % 43 M
LeapFrog Investments Ltd.
19.00 %
71,250,000 19.00 % 16 M
Milford Ceylon Pvt Ltd
19.00 %
71,250,000 19.00 % 16 M
G C Goonetilleke
0.2613 %
979,765 0.2613 % 215 872
W Jenadasa
0.2566 %
962,419 0.2566 % 212 050
A P P M Abeyrathne
0.2135 %
800,636 0.2135 % 176 404
L A J F Morais
0.2023 %
758,750 0.2023 % 167 175
H N R Bharati
0.1698 %
636,729 0.1698 % 140 291
W A A T M Jayawickrama
0.1342 %
503,144 0.1342 % 110 858
J M I Jayaweera
0.1102 %
413,427 0.1102 % 91 090

Holdings

NameEquities%Valuation
NATIONAL DEVELOPMENT BANK PLC
4.81%
 20,001,898 4.81% 4,533,830 $
ASIRI HOSPITAL HOLDINGS PLC
0.52%
 5,956,877 0.52% 496,387 $

Company contact information

Softlogic Life Insurance Plc

One Galle Face Tower Level 16

00200, Colombo

+

http://www.softlogiclife.lk
address Asian Alliance Insurance PLC

Sector

Financials
Insurance
Insurance
Multiline Insurance & Brokers
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