Regulatory suspension of Sanasa Life extended

Thursday, 5 February 2026 05:01 -     - {{hitsCtrl.values.hits}}

The Insurance Regulatory Commission of Sri Lanka has extended the suspension imposed on Sanasa Life Insurance Co. PLC to engage in long-term insurance activities from 31 January to 3 March 2026.

The suspension has been in effect since 5 December 2025. 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%.

COMMENTS