Sunshine Insurance Group Co Ltd
HKEX:6963
Sunshine Insurance Group Co Ltd
Other Operating Expenses
Sunshine Insurance Group Co Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
S
|
Sunshine Insurance Group Co Ltd
HKEX:6963
|
Other Operating Expenses
ÂĄ748m
|
CAGR 3-Years
26%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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China Life Insurance Co Ltd
SSE:601628
|
Other Operating Expenses
-ÂĄ15.8B
|
CAGR 3-Years
33%
|
CAGR 5-Years
10%
|
CAGR 10-Years
-5%
|
|
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Ping An Insurance Group Co of China Ltd
SSE:601318
|
Other Operating Expenses
-ÂĄ35B
|
CAGR 3-Years
22%
|
CAGR 5-Years
10%
|
CAGR 10-Years
-5%
|
|
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New China Life Insurance Company Ltd
SSE:601336
|
Other Operating Expenses
-ÂĄ823m
|
CAGR 3-Years
48%
|
CAGR 5-Years
32%
|
CAGR 10-Years
15%
|
|
H
|
Hubei Biocause Pharmaceutical Co Ltd
SZSE:000627
|
Other Operating Expenses
-ÂĄ2.4B
|
CAGR 3-Years
2%
|
CAGR 5-Years
15%
|
CAGR 10-Years
N/A
|
Sunshine Insurance Group Co Ltd
Glance View
Imagine a landscape where risk and uncertainty need navigation, and nestled within that field is Sunshine Insurance Group Co Ltd, a formidable player in China's insurance sector. Conceived in 2005, Sunshine Insurance has quickly risen through the ranks by offering a symphony of diversified insurance products. From life and property insurance to more niche market offerings, the company has created a tapestry that caters to a broad range of clientele, securing its footing as a household name. The company not only promises peace of mind through its comprehensive coverage plans but also fortifies this promise with thoughtful customer service, ensuring that its clientele feels attended to and valued. Sunshine Insurance makes its money through a cocktail of premium collections, investment income, and underwriting profits. The company collects premiums by offering policies across life, health, and property insurance sectors. It invests these premiums in various assets, generating returns that further boost its financial standing. The underwriting process is critical, where actuarial precision and risk assessment are honed to balance the scales of premium pricing and claim payout. By managing risks effectively and maintaining robust capital reserves, Sunshine Insurance not only thrives on the premiums received but also augments its coffers through strategic investments, painting a picture of a company that works like a well-oiled machine attuned to the nuances of a volatile world.
See Also
What is Sunshine Insurance Group Co Ltd's Other Operating Expenses?
Other Operating Expenses
748m
CNY
Based on the financial report for Dec 31, 2023, Sunshine Insurance Group Co Ltd's Other Operating Expenses amounts to 748m CNY.
What is Sunshine Insurance Group Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 3Y
26%
Over the last year, the Other Operating Expenses growth was 154%. The average annual Other Operating Expenses growth rates for Sunshine Insurance Group Co Ltd have been 26% over the past three years .