SUN Insurance Ltd (SPX:SUN) has reported a profit of $16.88 million before tax for its financial year ended December 31, 2025, an increase of 102 per cent from the previous year, where it reported a pre-tax profit of $8.35 million.
Commenting on the results, SUN chairman Padam Lala said the company’s strong performance reflected its resilience, sound strategic direction, and commitment to delivering sustainable value to shareholders.
He said growth achieved during the year demonstrated Sun Insurance’s ability to adapt to market dynamics while maintaining financial discipline and customer focus.
Highlights:
• Gross written premium increased by 18 per cent year-on-year,
• Assets stood at $144 million at the end of the year,
• Share price gained 20 per cent, rising from $2.12 to $2.55,
• Market capitalisation stood at $306 million as at December 31, 2025,
• Declared total dividends of $6.36 million for the year. The company paid its first interim dividend of $2.52 million in December 2025, with the balance declared as the second interim dividend, to be paid in April 2026.
“Sun Insurance remains firmly committed to sustaining its positive growth momentum by continuously enhancing operational performance, strengthening its market presence, and delivering consistent, long-term value to its shareholders,” Mr Lala said.
“The company will continue to focus on innovation, customer-centric solutions, and prudent financial management to further solidify its position as a leading and trusted insurer in the region.”
Sun Insurance listed on the South Pacific Stock Exchange (SPX) in August 2024 and last traded at $2.25 a share when this edition went to press.
