Sun Insurance Releases 2025 Annual Report, Delivering Exceptional Growth

Date of Publication: 9th April, 2026

Sun Insurance Company Limited is pleased to announce the release of its Annual Report for the financial year ended 31 December 2025, marking a year of outstanding financial performance and sustained growth.

The Company delivered an exceptional financial performance in 2025, reporting a net profit before tax of FJD 16.88 million, representing a remarkable growth of 102% compared to FJD 8.35 million in the previous year. Gross Written Premium also demonstrated solid momentum, increasing by 18% year-on-year, underlining continued customer confidence and market expansion. The Company’s assets stood at FJD 144 million at the end of the year, highlighting its strong financial position, stability, and resilience.

Sun Insurance’s market performance was equally robust, with the Company’s share price rising from FJD 2.12 to FJD 2.55, representing a 20% growth during the year. As at 31 December 2025, the Company’s market capitalization stood at an impressive FJD 306 million. As at 31 March 2026, the Company’s share price stood at FJD 2.28, with a market capitalization of FJD 273.6 million, reflecting the Company’s continued solid market presence and investor confidence.

For the financial year 2025, the Company declared total dividends amounting to FJD 6.36 million to its shareholders. The Company paid its first interim dividend of FJD 2.52 million in December 2025, with the balance declared as the second interim dividend, which will be paid in April 2026.

Commenting on the results, Chairman Mr. Padam Lala stated that the Company’s strong performance reflects its resilience, sound strategic direction, and commitment to delivering sustainable value to shareholders. He further emphasized that the growth achieved in 2025 demonstrates Sun Insurance’s ability to adapt to market dynamics while maintaining financial discipline and customer focus.

The Company extends its sincere appreciation to all stakeholders including shareholders, customers, business partners, regulators, and employees for their continued trust, commitment, and support. Their collective contribution has been instrumental in 
achieving these exceptional results.

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. 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 Releases 2025 Annual Report, Delivering Exceptional Growth