Great Eastern

Founded in 1908, Great Eastern provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. With over S$100 billion in assets and more than 10 million policyholders, including 7.5 million from government schemes, the group also operates in Indonesia and Brunei and has representative offices in China and Myanmar.

SIAS calls for governance clarity from Great Eastern Holdings

SIAS urges the insurer’s board to consider and address shareholders' requests proactively.

SIAS calls for governance clarity from Great Eastern Holdings

SIAS urges the insurer’s board to consider and address shareholders' requests proactively.

Great Eastern’s weighted new sales dip, earnings soar in 2023

The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.

Great Eastern subsidiaries propose acquisition of AmMetLife Insurance

The firm wants 100% of shares in AmMetLife Insurance and AnMetLife Takaful.

New framework catapults Singapore’s insurance sector resilience: S&P Global Ratings

Although the framework could raise operational costs, it will run some benefits.

MAS unveils list of too-big-to-fail insurers, imposes higher capital requirements

The four initial insurers are to face a 25% capital add-on, boosting higher and lower supervisory intervention levels, CET1 and  Tier 1.

Great Eastern collaborates with telco for home insurance plan

The insurer and Singtel unveiled a plan which covers various residential housing types.

Great Eastern bridges sustainability and insurance through portfolio integration

The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue.

Great Eastern and Intellect launch 24/7 mental health helpline for employees

This provides employees with personalised and immediate guidance.

Great Eastern reaches S$193.2m in profits for Q2

Its year-to-date profits reached S$437.2m.

OCBC buys more Great Eastern shares for S$39.9m

OCBC now owns 88.4% of its subsidiary’s shares.

Koh Beng Seng bows out as Great Eastern chairman

He will step down from the post on 21 April.

Great Eastern’s profits down 30% to S$784.2m in FY2022

CEO Khor Hock Seng said that volatility of global financial markets impacted earnings.

Great Eastern’s profit attributable to shareholders dips 12% to $780.9m in 9M22

The decline was due to lower valiant of investment in the shareholder’s fund.

Chart of the Day: Singaporean youths' top financial goals 

One-fifth of those aged 16 to 19 want to start a business before reaching 25.

Purpose-driven jobs top pick for career-seeking Gen Zs

Almost 40% of youths ranked meaningful work as the top factor in career choice.