Announcements

Sun Insurance Company Ltd (SUN) is excited to announce the release of its inaugural annual report for shareholders, marking a significant milestone since our recent transition to a public company. This comprehensive report covers the financial year ending December 31, 2024, and highlights our commitment to transparency and accountability as we embark on this new chapter.

Since our founding in 1993, and particularly after gaining full ownership in 1999, SUN Insurance has experienced remarkable growth. From a modest turnover of $650,000 in 1999, we achieved over $22 million in 2023. This incredible journey highlights our prudent management, wise investments, and unwavering commitment to innovation and customer service.

SUN Insurance Company Limited (SUN Insurance), Fiji’s wholly owned general insurance company, proudly announces its intention to conduct an Initial Public Offering (IPO) of its ordinary shares for listing on the South Pacific Stock Exchange (SPX).

Sun Insurance Company Ltd, newly listed on the stock exchange, has significantly surpassed investor expectations with remarkable financial results.  

Today, we stand at a defining moment in our nation’s economic journey. The listing of Sun Insurance Company Limited on the South Pacific Stock Exchange is not just a milestone for our company; it is a significant step forward for Fiji’s financial landscape. It is a testament to our shared vision for a more prosperous, resilient, and empowered Fiji.

SUN Insurance Company Limited (SUN) announces a special initiative to assist investors by subsidizing the trading fees for trades involving up to 20,000 shares of SUN per Shareholder Identification Number (SIN) during a limited period.

The recent announcement by SUN Insurance that its Initial Public Offering (IPO) for the issue of FJD 7 million ordinary shares to the public at a price of $1.05 per share was oversubscribed demonstrates strong investor appetite in the capital market for sound new investment opportunities.

Sun Insurance Company Limited (“SUN”) today announced unaudited net profit before income tax of $3,747,704 (2023: $2,507,718) for the six months ended 30th June 2024.  

Sun Insurance Company Limited is pleased to announce the early closure of our Initial Public Offering (IPO) at 5p.m on Wednesday 24 July 2024 due to oversubscriptions.