Life insurance leader continues investment in country’s young achievers; applications for 2026 edition close on 30th April
Ceylinco Life has announced the launch of the 25th consecutive edition of its flagship Pranama Scholarships programme, marking a significant milestone in the company’s long-standing commitment to recognising and rewarding excellence among the children of its policyholders.
Under the 2026 programme, the life insurance market leader will present scholarships with a total cumulative value of Rs. 22.7 million, continuing a rewards initiative that has now been conducted without interruption for a quarter of a century. Since its inception, the Ceylinco Life Pranama Scholarships programme has benefitted 3,466 students across the country, representing a total investment of Rs. 240 million in nurturing academic achievement and outstanding performance in sports, arts and other extracurricular pursuits.
The 2026 programme will once again reward high-performing students in four categories, covering academic milestones and national merit-based achievements. Scholarships will be awarded to students who excelled at the 2025 Year 5 Scholarship Examination, the 2024 GCE Ordinary Level Examination, the 2024 GCE Advanced Level Examination, as well as those who have earned national or international recognition in 2024-25 in areas such as sports, drama, invention and creative fields.
Under the Year 5 Scholarship Examination category, 25 scholarships will be awarded, with each district’s top-performing child among Ceylinco Life policyholders receiving a scholarship valued at Rs 240,000, payable over a period of five years. A further 25 scholarships, each worth Rs 168,000 and payable over two years, will be awarded to the highest-achieving students in each district at the GCE Ordinary Level Examination.
The GCE Advanced Level category will recognise 100 students, with four scholarships awarded in each district. One scholarship will be granted to the highest achiever in each stream based on the Z-score, with each recipient receiving a one-time scholarship valued at Rs 120,000. In addition, 10 National Merit Awards, each worth Rs 50,000, will be presented to students who have demonstrated exceptional achievement at national or international level in sports, drama, invention or creative disciplines.
Applications for the 2026 Pranama Scholarships are now open, with eligible policyholders invited to submit applications on behalf of their children on or before 30th April 2026. The scholarship awards ceremony is scheduled to take place in October 2026.
Through the Pranama Scholarships, Ceylinco Life continues to ease the financial burden of education while motivating young Sri Lankans to pursue excellence and realise their full potential, reinforcing the company’s long-standing philosophy of supporting families beyond the promise of financial protection.
Ceylinco Life has been the market leader in Sri Lanka’s life insurance industry for 21 consecutive years, offering innovative insurance solutions that protect and de-risk the ambitions of policyholders. In 2025, the Company was ranked the most valuable insurance brand in Sri Lanka and the 22nd most valuable brand overall by Brand Finance. It was also voted the People’s Life Insurance Service Provider of the Year for the 19th consecutive year in 2025, reaffirming its position as a brand trusted by millions.
The Company has additionally been adjudged Sri Lanka’s Brand of the Year twice within the past five years and has been recognised among the 10 Most Admired Companies in Sri Lanka by the International Chamber of Commerce Sri Lanka (ICCSL) and the Chartered Institute of Management Accountants (CIMA).
