Here are the top-rated / market-leading life-insurance providers in Sri Lanka (based on recent market-size, awards and brand recognition reported in 2024–2025). I note the source and year for each item so you can verify details.

1. Ceylinco Life — Sri Lanka’s largest life insurer (market leader by gross written premium and long-running consumer awards). (Figures and awards cited for 2024–2025). (ceylincolife.com)

2. Softlogic Life — one of the largest & fastest-growing life insurers (large GWP, extensive policy base; completed acquisition of Allianz Life Lanka in 2025). (softlogiclife.lk)

3. Sri Lanka Insurance (SLIC) — well‑established state-backed brand with strong brand / customer‑trust recognition and large GWP/performance in 2024. (sliclife.com)

4. AIA Sri Lanka — internationally-backed insurer that has won multiple “best life insurer” awards in recent years. (aialife.com.lk)

5. Union Assurance — major life insurer with steady premium growth and strong financial performance (reported growth in 2024). (unionassurance.com)

6. Janashakthi Life — fast‑growing life insurer with strong 2024 growth and multiple industry recognitions. (ceylontoday.lk)

7. HNB Assurance — recognized for rapid growth and several industry awards/recognitions in 2024–2025. (hnbassurance.com)

Notes and quick tips

• “Top-rated” can mean different things: largest market share, best brand recognition, strongest financial results, fastest growth, or best customer service/claims experience. The firms above are notable for a combination of those measures in 2024–2025 (see cited articles). (ceylincolife.com)
• If you’re choosing a policy, check: the insurer’s solvency/capital adequacy and claim‑payment record, the specific product terms (exclusions, waiting periods, riders), premium cost over time, and independent reviews/consumer complaints.
• For the definitive, up‑to‑date market statistics and the list of licensed long‑term (life) insurers, consult the Insurance Regulatory Commission of Sri Lanka (IRCSL) and the companies’ audited 2024/2025 results (links in the cited news/company pages above). (magzter.com)

If you want, I can:

• pull the latest IRCSL market‑share table or a ranked GWP table for 2024/2025, or
• compare 2–3 specific companies or products (e.g., term life vs endowment) side-by-side.