Insurance regulator extends Sanasa Life suspension until end-January

Monday, 29 December 2025 00:38 -     - {{hitsCtrl.values.hits}}

The Insurance Regulatory Commission of Sri Lanka (IRCSL) has extended the suspension imposed on Sanasa Life Insurance Co. PLC to engage in long-term insurance activities from 27 December to 30 January 2026.

The registration of Sanasa Life Insurance had previously been suspended from 5 December to 26 December, the company said but did not provide further details on the grounds for the extension.

The company reported a net asset per share of Rs. 22.61 as at end September 2025.

Senthilverl Holdings was the top shareholder as of that date at 19.10% followed by Sanasa Federation with 10.50%.

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