Short answer — the life insurers most frequently rated highest in Sri Lanka (by awards, market share and brand surveys in 2024–2025) are:

• Ceylinco Life — long-time market leader, repeatedly voted “most popular” in consumer polls and winning “Best Life Insurer (Sri Lanka)” awards (World Finance, SLIM Kantar). (ceylincolife.com)
• AIA Sri Lanka — regularly awarded “Best Life Insurance Company” by international trade publications and noted for strong capital/solvency metrics. (aialife.com.lk)
• Sri Lanka Insurance (SLIC Life) — often cited as a top-loved/most trusted life brand and a big player in premium income and claim payouts. (dailynews.lk)
• Union Assurance — recognized in regional insurance awards and highlighted for innovation and customer service. (mawratanews.lk)
• Softlogic Life — a fast-growing life insurer with rising market share and strong presence in rankings of Sri Lankan insurers. (lankatalks.com)

Notes and context

• “Top-rated” can mean different things: consumer popularity (SLIM Kantar / LMD), industry awards (World Finance / CFI / GBFR), market-share by gross written premium, or financial strength (capital adequacy/ratings). Different lists use different criteria, so the leading names above appear repeatedly across those measures. (ceylontoday.lk)
• Rankings and awards change year-to-year. If you want a strict ranking by a particular metric (e.g., 2024 gross written premium, Solvency/Capital Adequacy Ratio, claim settlement speed, or consumer-satisfaction surveys), tell me which metric you care about and I’ll pull the most recent, specific figures and sources.