Announcements

Date of Publication: 16th May, 2025

Sun Insurance Co Ltd announced today that its highly anticipated Sun Centre 2 in Nadi has achieved full tenancy ahead of its scheduled completion date. The company has signed a long-term lease agreement with Pacific Specialist Hospitals (PSH) for the entire building, reaffirming its commitment to fostering strategic partnerships that enhance healthcare services in the region. 

Date of Publication: 6th May, 2025

SUN insurance Company Limited wishes to advise that the Annual General Meeting will take place on Wednesday 28th May 2025 commencing at 9.30am at Matua Function Room, Grand Pacific Hotel, Vitoria Parade, Suva, Fiji.

Date of Publication: 30th April, 2025

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.

Date of Publication: 24th April, 2025

Sun Insurance Company Ltd (SUN) is pleased to declare its second interim dividend for the financial year, totalling $3.6 million. The company paid the first interim dividend of $2.5 million in November 2024.

Date of Publication: 1st April, 2025

Sun Insurance Company Ltd (SUN) is pleased to announce a remarkable pre-tax profit of $8.35 million for the financial year ending December 31, 2024. This marks a significant increase of 117 % compared to the $3.85 million reported in the previous year.

Date of Publication: 13th March, 2025

Sun Insurance Company Ltd, a leading provider of insurance in the country, is pleased to announce that it has formally signed a building contract with Fortech Construction Ltd for the development of a state-of-the-art, 5-story office building. The complex will include two levels of underground parking, coffee shop, on-site gym and end of trip facilities. The total project cost including the land, exceeds $30 million and marks a significant investment in the company's growth and expansion strategy.

Date of Publication: 24th February, 2025

Sun Insurance Announces the creation of Chief Product Development Officer Position to Drive Innovation in Customized Insurance Products.

Date of Publication: 23rd December, 2024

Sun Insurance Company Ltd. is proud to announce that, in a landmark decision, the entire staff will receive a share of the interim dividend, which was distributed to all shareholders on December 20, 2024.

Date of Publication: 24th November, 2024

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

Date of Publication: 18th November, 2024

It is with deep sorrow and a heavy heart that we share the news of the passing of Mr. Diwan Maharaj, one of the founding directors of Sun Insurance Company Ltd. Mr. Maharaj left us on Saturday, November 16, 2024, a poignant year that marks 25 years since the establishment of our company.

Date of Publication: 19th September, 2024

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.  

Date of Publication: 16th August, 2024

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.

Date of Publication: 15th August, 2024

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.

Date of Publication: 25th July, 2024

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.

Date of Publication: 24th July, 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. 

Date of Publication: 3rd July, 2024

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.

Date of Publication: 3rd July, 2024

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).