Short answer: "Better" depends on what you need.

Quick comparison (with sources)

• Size & financial strength: AIA is a very large, well-capitalized, publicly listed pan‑Asian life insurer (assets > US$300 billion, strong capital ratios and investment-grade insurer financial-strength ratings from major agencies). (AIA.com)
• Ratings/outlook: AIA has high, widely‑recognized ratings (e.g., Moody’s/AIA confirmations and stable outlook reported in 2025). That indicates strong ability to meet long‑term policy obligations. (Investing.com)
• Janashakthi Life: Janashakthi is a Sri Lanka–based life insurer (founded in 1994), a local market player with awards and growing presence in Sri Lanka but much smaller scale and regional footprint than AIA. It is primarily focused on the Sri Lankan market. (janashakthi.com)
• Local recognition: Janashakthi has received local industry awards and recognition (reporting/branding awards and local “best life insurer” style honors). That can reflect strong local knowledge and service in Sri Lanka. (ceylontoday.lk)

What “better” means in practice

• If your priority is global/regional financial strength, very large asset base, and ratings that signal resilience to shocks, AIA is generally stronger. (Important for long‑term guarantees and cross‑border credibility.) (AIA.com)
• If you live in Sri Lanka and value local customer service, locally tailored products, in‑country claims handling and relationships, a local insurer such as Janashakthi Life may be preferable — even if it’s smaller. Janashakthi has local awards and a long history in Sri Lanka. (janashakthi.com)

Practical advice (how to choose)

• Match the product to your needs: compare the exact policy features (death benefit, riders, premium structure, surrender values, exclusions, underwriting requirements).
• Check insurer financials and ratings for the specific legal entity that will underwrite your policy (AIA is group‑wide but products may be under country subsidiaries). For Janashakthi, review its most recent local regulatory filings/annual report. (AIA.com)
• Compare claim settlement practices and customer reviews in the market you’ll be using the policy in (local claim ratios and customer service matter a lot).
• If portability across countries, currency exposure, or global brand/regulatory backing matters, that favors AIA; for local distribution, servicing and maybe price competitiveness, a local insurer can be better.

If you’d like, I can:

• Pull the latest solvency/capital or rating reports for the specific AIA operating company and for Janashakthi Life (I’ll fetch the most recent rating & regulatory/annual‑report numbers), or
• Compare two specific policy quotes (same cover and term) side‑by‑side.

Which of those would you prefer?