Gross written premium from life and general businesses rose 42 percent to 3.0 billion rupees, helped by sales of unit linked products, accounts filed with the Colombo Stock Exchange shows.
The firm reported investment income of 385 million rupees for the quarter, down from 1.2 billion rupees a year earlier.
Profits from the life business come only at the end of the year.In the half year to June gross written premium rose 38 percent to 5.8 billion rupees and net profits rose to 181 million rupees against a loss of 127 million rupees a year earlier.
Growth was strongest in the unit linked policies of life, which grew almost three-fold to a GWP of 2,743 million rupees.
Gross written premium general business fell 2 percent to 1,457 million rupees in the half year to June.
Investment income for the half year was down to 1.3 billion rupees from 2.2 billion a year earlier.
The firm reported earnings per share of 6.0 rupees for the half year.