OUTsurance Group Ltd
JSE:OUT
Net Margin
OUTsurance Group Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| ZA |
O
|
OUTsurance Group Ltd
JSE:OUT
|
119.9B Zac |
12%
|
|
| ZA |
S
|
Sanlam Ltd
JSE:SLM
|
181.8B Zac |
17%
|
|
| CN |
|
China Life Insurance Co Ltd
SSE:601628
|
1.2T CNY |
37%
|
|
| CN |
|
Ping An Insurance Group Co of China Ltd
SSE:601318
|
1T CNY |
14%
|
|
| ZA |
D
|
Discovery Ltd
JSE:DSY
|
144.4B Zac |
10%
|
|
| HK |
|
AIA Group Ltd
HKEX:1299
|
766.3B HKD |
30%
|
|
| IN |
|
Life Insurance Corporation Of India
NSE:LICI
|
6T INR |
5%
|
|
| ZA |
O
|
Old Mutual Ltd
JSE:OMU
|
57.8B Zac |
5%
|
|
| US |
|
Aflac Inc
NYSE:AFL
|
55.6B USD |
21%
|
|
| CA |
|
Manulife Financial Corp
TSX:MFC
|
73.8B CAD |
13%
|
|
| US |
|
MetLife Inc
NYSE:MET
|
53.3B USD |
6%
|
OUTsurance Group Ltd
Glance View
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.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on OUTsurance Group Ltd's most recent financial statements, the company has Net Margin of 12.1%.
You don't have any saved screeners yet