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Welcome To Allianz Lanka

Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd., known together as Allianz Lanka, are fully-owned subsidiaries of Allianz SE, a global financial services provider with services predominantly in the insurance and asset management business, headquartered in Munich, Germany.

Allianz Lanka first started its underwriting operations for non life insurance business in January 2005, after receiving the registration from the Insurance Board of Sri Lanka (IBSL) in September 2004. Following its successful non life insurance operations in Sri Lanka, Allianz also commenced its Life insurance business in July 2008.

Since inception, Allianz Insurance Lanka Limited has achieved distinctive growth within the Sri Lankan insurance industry, with top-line growth of over 38 times during the past decade. Allianz Life Insurance Lanka Ltd. too has grown by more than 200 times in just seven years of operations, to become one of Sri Lanka’s leading Life insurance companies.

The many ‘firsts’ achieved by Allianz Lanka have re-defined industry benchmarks. Among these, Allianz Lanka is:

  • The First Non Life insurance company to reach Rs. 1 billion in premium income within its first five years of operations.
  • The First Non Life insurance company to record an underwriting profit in the second year of operations.
  • The First Life insurance company to make Rs. 100 million gross written premium within the first year of operations.
  • The First insurer to comply with the statutory requirement of having two separate legal entities for Life and Non Life business

We abide by our parent company in our clear focus on profitability, consistent underwriting policy, and business strategies. The global strength and solid capitalisation of the Allianz Group, coupled with local expertise and business know-how, have been Allianz Lanka’s powerful formula for success. This has resulted in Allianz Lanka being considered one of the most trusted insurance partners by Sri Lankans, the local government, organisations and investors.

Allianz is also the chosen insurance partner for many high-value infrastructure projects and buildings in Sri Lanka such as Altair, One Colombo, Colombo City Centre, the Southern Expressway, the oil explorations in Mannar, the 10 megawatt Solar PV Power Plant in Hambantota, numerous wind power projects and electricity transmission infrastructure capacity enhancement projects.


Our parent company, the Allianz Group, is a global financial service provider whose core businesses are insurance and asset management. With a total revenue of 130.6 billion Euros and an operating profit of 11.5 billion Euros in 2018 alone, Allianz SE is a world leader in integrated financial services.

Globally, we are the leaders in Credit and Travel insurance and assistant services and are among the top 3 Property and Casualty insurers. We are also amongst the top five in Life/Health business and Asset managers globally. This has given Allianz Lanka the edge in providing the best and most innovative insurance solutions for our customers.

Allianz is trusted with some of the world’s largest Infrastructure projects, including the last three buildings that were considered the “World’s Tallest”:

  • Petronas Towers – Malaysia,
  • Taipei 101, Taiwan
  • The Burj Khalifa in Dubai,

Other major projects include the national airports of Hong Kong, Bangkok and Kuala Lumpur, Palm Island – the world’s largest artificial islands in Dubai and the Channel Tunnel between the UK and France.

Allianz is also the insurer for the majority of the world’s Fortune 500 companies and is the world’s leading specialist in space insurance. 2018 marks our 103rd anniversary as an aviation insurer.

More than 142,000 Allianz employees worldwide serve over 92 million retail and corporate customers in more than 70 countries, who place their trust on the knowledge, global presence, financial strength and solidity of Allianz to support them in their moment of truth.


The Allianz Brand

A strong brand that stands for quality, trust and resilience – attributes that remain just as relevant in the digital age as before, the Allianz brand experience entails an exceptional package of global and local corporate social responsibility initiatives.

Our ranking

We continue to rank among the most valuable international insurance brands. Allianz has climbed the Interbrand ranking of the 100 most valuable brands in the world for the tenth consecutive year, in 2018. The Allianz brand came 49th in Interbrand’s “Best Global Brands Ranking”. With our global brand value up by 8 per cent, our brand value currently stands at $10,821 million.

Our growth momentum for 2018 has drawn favourable comparison to brands such as Google, SAP and Gucci. As an organisation that believes it’s better to lead change than to be led by it, we are in the process of transforming ourselves from being a traditional financial group to an agile company by experimenting with new technologies and ways of working. Our customer-centric approach towards driving value and building on existing scales has further ensured we are particularly well-positioned to benefit from growth opportunities presented by digitalisation-driven changes in the insurance sector.


Allianz SE began business in Germany in 1890 as a transport and accident insurer, during the onset of the Technology Revolution. Rampant economic, political and social change that took place in Europe in the late 1800s led to Germany emerging as the new leader of the European industry and an important rail hub for Europe for the long distance transportation of goods. This gave rise to a need for better transportation risk management. The director of the Munich Reinsurance Company, Carl Thieme, and Munich banker, Wilhelm Finck, were quick to take advantage of this.

They founded Allianz in the summer of 1889 and were given the license to commence commercial trading on February 5, 1890. Over the past century-and-a-quarter, we have catered to the evolving needs of our retail and corporate customers within shifting societal frameworks of the different countries we work in. This has given us the experience and expertise to set accurate projections and priorities in performance as well as corporate social responsibility initiatives, well into the future.

Evolving with the times

At Allianz, we believe in evolving with the issues of the times and changes in the world. With rapidly advancing economies come the concerns of the environmental impact of this growth. Megatrends such as demographic development and climate change shape the world we live in today and thus, necessitate that the Allianz Group, as a whole, addresses them.

Today, Allianz stands as a multinational financial services company and a leader in the industry. The success of Allianz’s growth and development down the ages and our recognition today as a globally active financial services provider is due to our responsiveness, power to innovate and far-reaching ability to reconcile economic development with the challenges that accompany growth and prosperity.


We remain a leader in sustainability in the insurance sector, having earned special recognition in the areas of Financial Inclusion, Risk Detection, Principles for Sustainable Insurance, Brand Management and Stakeholder Engagement.

The Allianz Group has taken the leading position amongst all rated insurance companies in the Dow Jones Sustainability Index (DJSI) of 2017 and 2018, by securing the No. 1 position in the insurance sector. The excellence of our corporate social sustainability performance has been recognised with top-ranking positions since 2000 by RobecoSAM, which analyses a Company’s performance according to specific categories.

Amongst the many milestones we have achieved in the arena of sustainability are:

  • Becoming the world’s first corporate to establish an ESG Board in 2012 – a committee at board level tasked with ensuring that ecological and social issues are considered in decisions made throughout the organisation.
  • Making many innovative contributions towards climate change and reducing greenhouse gas emissions by investing in renewable energies to ensure climate neutrality in business operations.
  • Designing more than 150 green solutions that cover all business segments and help protect the environment.
  • Owning 48 wind and 7 solar parks which produce enough energy to supply the requirements of a city the size of Milan in Italy.

Adverse weather impacts like temperature, precipitation, wind speed and sun hours can result in financial losses across different industries due to lowered sales or production.

Our portfolio of services has since been expanded on in the interest of being proactive in the face of climate change and its implications.


People- Our greatest asset

We believe a happy employee is essential to the longevity of our business. As such, empowering our people by developing them personally and professionally is just as important to us as providing premier customer service. Our human resources strategy and initiatives focus on being the employer of choice for the best talent around the world.

A great place to work, globally

Allianz employees deal with all aspects of the business of an international financial services provider, offering products and services to more than 92 million customers in over 70 countries. With more than 142,000 employees worldwide today, we focus our human resources strategy and initiatives on being the employer of choice for the best talent around the world. We also believe that it is essential to have a diverse and inclusive workforce that takes gender equality and equal pay into consideration. Employing people from different backgrounds and making them feel included is, in our view, a major driving force behind the global success of Allianz.

A home for those who dare to make a difference

With the global insurance industry in transition, we believe what’s needed now is a change in thinking and the audacity to tread new paths. Megatrends such as digitalisation, climate changes and demographic shifts disrupt our industry and instil us to rethink our business. We genuinely care about our customers’ needs and strive to empower them with the confidence for them to dare and grow in their lives.

New trails can only be blazed with the support of a strong team. Therefore, we are always on the lookout for talent who dare to revolutionise the industry with us. Our mission is to build our employees a real home for them to be able to work and develop in the best way possible. Together with our team and customers, we are geared to drive change and cultivate a greater future tomorrow for all.


Our Vision

  • To be the first choice insurer for customers.
  • To be the preferred employer in the insurance industry.
  • To be the number one insurer for creating shareholder value.

Our Mission

As a responsible, customer-focused market leader, we will strive to understand the insurance needs of our customers and translate this into affordable products that deliver value for money.

Guiding Principle

The customer is our most valuable asset, and everything we do is aimed at either winning a customer or retaining a customer.


The approach Allianz takes to risk is designed to add value by focusing on both risk and return. The acceptance and active management of risks have always been a core competency of ours. The main focus for risk management is adequate risk steering, as opposed to mere risk avoidance or minimisation. Risk management is an integral part of the management and control system and ensures the timely identification, analysis, measurement, management and reporting of risks. This system provides the basis for successful value-based management including the efficient allocation of capital and the optimisation of key performance measures through consistent consideration of risk-return implications.

Our risk appetite is defined by a clear risk strategy and limit structure. Close risk monitoring and reporting allow us to detect potential deviations from the predetermined risk tolerance level at an early stage. Our resilient business model, solid capital base and sustainable profitability have positioned us to manage and understand market risks and make the most of opportunities as and when they arise. These form the building blocks of our success and the strength upon which our community has been built.


Business Focus

As the world’s most trusted financial service provider, we focus on portfolio strength, establishing a strong and high-quality portfolio in large and attractive markets, market leadership and most importantly, customer centricity. What customer centricity means to us is practising relentless execution centred on our customers while outperforming the competition.

We take pride in understanding the culture, social environment and individual insurance requirements of our customers to cater to their varied needs, and position ourselves as a leading corporate and retail insurance company. Loyalty is the key to our continuity, and word of mouth is our preferred media of expression.


Meeting the needs of a diverse customer base

Allianz anticipates future requirements and designs insurance solutions that will meet our customers’ needs. Our widely diversified portfolio of Life and Non Life products comprehensively cover the customer lifecycle and are designed to help people move on and up in life and business.

By incorporating sustainable and responsible business practices into our products and services, we not only aim to meet the needs of our customers well into the future but also support our corporate strategy of achieving profitable and sustainable growth.

Allianz cares about what matters to you

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