Softlogic Life Insurance PLC (COSE:AAIC.N0000) agreed to acquire Allianz Life Insurance Lanka Limited from Allianz SE (XTRA:ALV) on March 26, 2025.

The transaction is subject to approval by regulatory board / committee. On July 2, 2025, the Insurance Regulatory Commision of Sri Lanka approved the transaction.

Softlogic Life Insurance PLC (COSE:AAIC.N0000) completed the acquisition of Allianz Life Insurance Lanka Limited from Allianz SE (XTRA:ALV) on July 11, 2025.