Ceylinco holdings plc

Ceylinco holdings plc

1,458.00
LKR
-62.00
(-4.08%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

CEO
Ajith Rohan Gunawardena
Full Time Employees
4,321
Sector
Finance
Industry
Multi-line insurance
Address
Colombo Sri Lanka
IPO Date
Jun 20, 2008
Business
Ceylinco Holdings PLC, formerly known as Ceylinco Insurance PLC, is a diversified investment holding company based in Sri Lanka that operates primarily across the insurance, education, healthcare, and renewable energy sectors. The company provides a comprehensive suite of life and general insurance solutions, educational services, specialized healthcare programs, and clean power generation. Its core product and service offerings are organized systematically across its specialized subsidiaries: Life Insurance, which provides term life policies, whole life plans, endowment savings schemes, retirement and pension plans, universal life covers, child education policies, group life insurance, and critical illness riders; General Insurance, which offers motor insurance under the brand Ceylinco VIP On The Spot, residential and commercial fire insurance, marine cargo and hull coverage, engineering and contractor risk policies, aviation insurance, burglary protection, personal accident covers, public and employers liability policies, and travel insurance; Healthcare Services, which operates specialized oncology treatment and radiation therapy centers, advanced medical imaging and cancer screening units, multi-specialty hospital services through Kings Hospital Colombo, and senior retirement and wellness living at the La Serena resort; Education, which delivers primary, secondary, and tertiary academic programs through institutions such as Wycherley International School; and Renewable Energy, which develops and manages grid-connected solar power projects and mini-hydroelectric power generation plants. Headquartered in Colombo, Sri Lanka, and tracing its historical origins to 1939 with incorporation in 1987 and listing on the Colombo Stock Exchange in 1988, Ceylinco Holdings PLC serves individual, commercial, and institutional clients throughout Sri Lanka via an extensive nationwide branch network, while maintaining international operations through a subsidiary in the Maldives, an associate company in Nepal, and strategic alliances across the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, and Mauritius. In major recent developments, the company officially changed its corporate name from Ceylinco Insurance PLC to Ceylinco Holdings PLC in May 2024 following shareholder approval to formalize its strategic transformation from a traditional composite insurer into a diversified conglomerate structure overseeing distinct operating subsidiaries, including Ceylinco General Insurance Limited, Ceylinco Life Insurance Limited, CEG Education Holdings (Pvt) Ltd, and Ceylinco Healthcare Services Limited, while continuing the aggressive expansion of its renewable solar energy generation capacity and specialized healthcare diagnostic technologies.