Srilanka, May 15 -- LIC (Lanka) Ltd announced that it has secured Rs.2000 million in capital infusion from its parent company LIC of India.

Life Insurance Corporation (Lanka) Ltd is a joint venture of Life Insurance Corporation of India and Bartleet Transcapital Ltd and has been providing life insurance and financial coverage to people of Sri Lanka for the past 23 years.

The company is serving through its network of 24 branches spread across the country. LIC (Lanka) offers a diversified suite of 18 need-based offerings (products & riders) catering to diverse customer segments augmenting various investment options.

The CEO & MD of the company Prameela Chittazhi Ramanadhan thanked Government of India and LIC of India for the investme...