O

OUTsurance Group Ltd
JSE:OUT

Watchlist Manager
OUTsurance Group Ltd
JSE:OUT
Watchlist
Price: 6 962 Zac 1.46% Market Closed
Market Cap: 106.2B Zac
Have any thoughts about
OUTsurance Group Ltd?
Write Note

OUTsurance Group Ltd
Total Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

OUTsurance Group Ltd
Total Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
O
OUTsurance Group Ltd
JSE:OUT
Total Liabilities
zar20.2B
CAGR 3-Years
-9%
CAGR 5-Years
-2%
CAGR 10-Years
5%
No Stocks Found

OUTsurance Group Ltd
Glance View

Market Cap
106.2B Zac
Industry
Insurance

OUTsurance Group Ltd, a prominent player in the insurance landscape, was originally established in South Africa in 1998. It has since evolved into a household name renowned for its innovative approach to insurance. Situated within the competitive environment of the financial sector, OUTsurance disrupted traditional insurance models by introducing the concept of rewards for claim-free living. This unique strategy not only incentivizes clients to mitigate risk, but also enhances customer loyalty, setting the company apart from its more conservative counterparts. The model works by offering premium discounts and cash payments to clients who do not claim within specific periods, thereby aligning customers' interests with the company's profitability goals. The company's business framework revolves around underwriting various insurance products, including vehicle, property, and business insurance. Revenue is primarily generated through the collection of premiums, which are price-optimized based on risk assessments and customer profiles. Through adept risk management and the use of data analytics, OUTsurance effectively navigates the balance between incoming premiums and outgoing claims. By leveraging direct sales channels and digital platforms, such as their mobile app and website, the company reduces operational costs, ensuring a competitive pricing edge and improved profit margins. Its success can be attributed to the synergy of innovative customer incentives and efficient cost management, which continue to fuel its expansive growth in South Africa and beyond.

OUT Intrinsic Value
Not Available
O

See Also

What is OUTsurance Group Ltd's Total Liabilities?
Total Liabilities
20.2B ZAR

Based on the financial report for Jun 30, 2024, OUTsurance Group Ltd's Total Liabilities amounts to 20.2B ZAR.

What is OUTsurance Group Ltd's Total Liabilities growth rate?
Total Liabilities CAGR 10Y
5%

Over the last year, the Total Liabilities growth was 24%. The average annual Total Liabilities growth rates for OUTsurance Group Ltd have been -9% over the past three years , -2% over the past five years , and 5% over the past ten years .

Back to Top