Softlogic Life sets up growth roadmap with long-term capital from OP Finnfund Global Impact Fund I and Norfund

Softlogic Life Insurance PLC, Sri Lanka’s leading life insurer, has secured a landmark 15 million US dollar loan facility from OP Finnfund Global Impact Fund I and Norfund. This long-term capital will strengthen Softlogic Life’s balance sheet and accelerate its strategy to expand distribution, enhance digital platforms, and scale AI-driven innovations.

Tuomas Virtala, CEO of OP Pohjola Asset Management, said:
“Softlogic Life has demonstrated exceptional financial discipline and a clear vision for inclusive insurance growth. By combining strong fundamentals with digital innovation, the company is well-positioned to deliver long-term value for Sri Lankan families. We are looking forward to enabling insurance products accessibility to low- and mid-income population.”

Ulla-Maija Rantapuska, Senior Investment Manager at Finnfund, added:
“OP Finnfund Global Impact Fund I targets significant positive impacts alongside financial performance, and Softlogic Life exemplifies this balance. Their leadership in digital innovation and health protection positions them as a key contributor to Sri Lanka’s insurance ecosystem.”

Iftikar Ahamed, Managing Director of Softlogic Life, commented:
“This facility strengthens our Tier 2 capital at a pivotal time in our growth journey. It reflects deep confidence in our fundamentals and enables us to scale responsibly while delivering protection solutions that create lasting value.”

Softlogic Life continues to lead the market in innovation, recently winning ‘AI Initiative of the Year’ at the Asia Insurance Industry Awards 2025. The company remains committed to building one of the region’s most technologically advanced and customer-centric insurance businesses.

Media contact:
Valpuri Mäkinen, Senior Communications and Marketing Manager, Valpuri.makinen@finnfund.fi, tel. +358 50 384 2105

More information:
Ulla-Maija Rantapuska, Senior Investment Manager, Finnfund
tel +358 41 536 5631, ulla-maija.rantapuska@finnfund.fi

About OP Finnfund Global Impact Fund I
OP Finnfund Global Impact Fund I is the first global emerging markets impact fund in Finland. The fund targets significant positive impacts in addition to financial return. The first two rounds of funding have raised a total of EUR 135 million. OP Asset Management Ltd, part of OP Pohjola, Finland’s largest provider of financial services, acts as a portfolio manager for the fund and OP Fund Management Company Ltd acts as an alternative investment fund manager of the fund. Finnfund, a Finnish development financier and impact investor acts as an anchor investor and advisor to the fund.