International Cooperative and Mutual Insurance Federation
Last update: 30 April 2021
SANASA Insurance Company Ltd. (SICL) is a public limited liability company in Sri Lanka. The company’s roots date back to 1989 when a survey conducted by the Forum of Development revealed the dire needs of the rural population.
Today, SANASA operates under two affiliations, SANASA Life Insurance and SANASA General Insurance providing a range of products and services in the area of investments, dowries, pensions, loan protection and life insurance. For more information visit their website.
To help its customers prevent disaster risks, SANASA communicates weather data to help policyholders forecast the weather.
SANASA’s awareness raising efforts offer low-income earners knowledge about insurance as a mechanism for reducing risk through risk transfer. These awareness programmes will help to explain the importance of insurance to policyholders and encourage the use of insurance as a risk-reduction method.
Mechanisms: Awareness & Advice
Hazards: Multi hazard
