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Sri Lankan (CSE) Insurance Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies12
  • 7D-0.03%
  • 3M-3.6%
  • 1Y-7.2%
  • YTD-1.3%

In the last week, the Insurance industry is flat overall, with LOLC General Insurance standing out by going down 6.5%. As for the longer term, the industry has declined 7.2% in the last year.

Industry Valuation and Performance

Has the Sri Lankan Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024LK₨141.6bLK₨254.4bLK₨17.3b7.7x8.2x0.6x
Fri, 19 Jan 2024LK₨141.4bLK₨249.9bLK₨16.9b8.2x8.4x0.6x
Sun, 17 Dec 2023LK₨141.9bLK₨249.9bLK₨16.9b8x8.4x0.6x
Tue, 14 Nov 2023LK₨149.2bLK₨241.1bLK₨21.6b9x6.9x0.6x
Thu, 12 Oct 2023LK₨148.6bLK₨238.8bLK₨22.4b7.3x6.6x0.6x
Sat, 09 Sep 2023LK₨164.1bLK₨238.8bLK₨22.4b7.5x7.3x0.7x
Mon, 07 Aug 2023LK₨159.1bLK₨223.3bLK₨22.5b6.6x7.1x0.7x
Wed, 05 Jul 2023LK₨146.8bLK₨222.2bLK₨22.6b6.3x6.5x0.7x
Fri, 02 Jun 2023LK₨132.1bLK₨221.1bLK₨23.3b5.8x5.7x0.6x
Sun, 30 Apr 2023LK₨137.7bLK₨210.4bLK₨21.5b6.5x6.4x0.7x
Tue, 28 Mar 2023LK₨153.0bLK₨210.4bLK₨21.5b7.1x7.1x0.7x
Thu, 23 Feb 2023LK₨156.3bLK₨201.8bLK₨22.3b6.1x7x0.8x
Sat, 21 Jan 2023LK₨157.1bLK₨197.9bLK₨24.4b6.1x6.4x0.8x
Mon, 19 Dec 2022LK₨123.4bLK₨197.9bLK₨24.4b6x5.1x0.6x
Wed, 16 Nov 2022LK₨119.3bLK₨193.4bLK₨24.7b5.6x4.8x0.6x
Fri, 14 Oct 2022LK₨126.4bLK₨186.7bLK₨19.7b7.2x6.4x0.7x
Sun, 11 Sep 2022LK₨139.2bLK₨186.7bLK₨19.7b7.2x7.1x0.7x
Tue, 09 Aug 2022LK₨123.6bLK₨180.0bLK₨19.6b7.1x6.3x0.7x
Thu, 07 Jul 2022LK₨113.7bLK₨178.9bLK₨19.6b5.9x5.8x0.6x
Sat, 04 Jun 2022LK₨126.7bLK₨178.9bLK₨19.6b7.3x6.5x0.7x
Mon, 02 May 2022LK₨118.4bLK₨172.5bLK₨20.1b6.3x5.9x0.7x
Wed, 30 Mar 2022LK₨133.8bLK₨173.0bLK₨19.7b8.4x6.8x0.8x
Fri, 25 Feb 2022LK₨156.7bLK₨168.4bLK₨17.8b11.2x8.8x0.9x
Sun, 23 Jan 2022LK₨192.4bLK₨164.3bLK₨17.9b15.7x10.8x1.2x
Tue, 21 Dec 2021LK₨111.6bLK₨150.4bLK₨16.1b7.8x6.9x0.7x
Thu, 18 Nov 2021LK₨101.5bLK₨150.7bLK₨16.0b6.5x6.4x0.7x
Sat, 16 Oct 2021LK₨101.5bLK₨148.2bLK₨14.9b7.5x6.8x0.7x
Mon, 13 Sep 2021LK₨96.8bLK₨148.2bLK₨14.9b7.1x6.5x0.7x
Wed, 11 Aug 2021LK₨101.7bLK₨148.2bLK₨14.9b7.7x6.8x0.7x
Sun, 06 Jun 2021LK₨102.1bLK₨142.2bLK₨14.9b7.6x6.8x0.7x
Wed, 10 Mar 2021LK₨105.2bLK₨135.4bLK₨14.6b7.6x7.2x0.8x
Price to Earnings Ratio

7.2x


Total Market Cap: LK₨105.2bTotal Earnings: LK₨14.6bTotal Revenue: LK₨135.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Insurance Industry Price to Earnings3Y Average 7x202220232024
Current Industry PE
  • Investors are optimistic on the Sri Lankan Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 8.2x which is higher than its 3-year average PE of 7.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 5.9% per year over the last three years.
  • Revenues for these companies have grown 23% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Sri Lankan Financials industry?

LK Market0.78%
Financials0.059%
Insurance-0.025%
General Insurance0.44%
Life and Health Insurance0.43%
Insurance Brokers0%
Reinsurance0%
Property and Casualty Insurance-5.00%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 14.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the General Insurance industry, which is trading close to its 3-year average of 5.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
UAL.N0000 Union AssuranceLK₨43.801.9%
+LK₨471.4m
25.5%PE7.8x
HASU.N0000 HNB AssuranceLK₨55.901.6%
+LK₨135.0m
12.0%PE4.8x
JINS.N0000 Janashakthi InsuranceLK₨34.001.5%
+LK₨113.3m
13.0%PE3.3x
AAIC.N0000 Softlogic Life InsuranceLK₨54.000.6%
+LK₨112.5m
-42.9%PE7.1x
PINS.N0000 People's InsuranceLK₨22.200.5%
+LK₨20.0m
4.2%PE7.7x
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Latest News

COOP.N0000

LK₨2.20

Co-operative Insurance

7D

-4.3%

1Y

-33.3%

HASU.N0000

LK₨55.90

HNB Assurance

7D

1.6%

1Y

12.0%

JINS.N0000

LK₨34.00

Janashakthi Insurance

7D

1.5%

1Y

13.0%

AAIC.N0000

LK₨54.00

Softlogic Life Insurance

7D

0.6%

1Y

-42.9%

UAL.N0000

LK₨43.80

Union Assurance

7D

1.9%

1Y

25.5%

LGIL.N0000

LK₨5.80

LOLC General Insurance

7D

-3.3%

1Y

-19.4%

ATLL.N0000

LK₨28.00

Amãna Takaful Life

7D

-6.0%

1Y

-20.0%

AINS.N0000

LK₨22.10

Arpico Insurance

7D

-3.9%

1Y

5.2%

PINS.N0000

LK₨22.20

People's Insurance

7D

0.5%

1Y

4.2%