Milford Ceylon Pvt Ltd acquired 19% stake in Softlogic Life Insurance PLC (COSE:AAIC.N0000) from DEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH on January 16, 2020.

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.