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.

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.

2 days ago

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.

2 days ago

Great Eastern collaborates with telco for home insurance plan

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

5 days ago

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: Which is the common type of investment for young people

Young people mostly invest their money in shares.

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.

Great Eastern Q1 shareholder profits plummets by 50%

The firm blames less favourable financial market conditions.

Great Eastern posts 16% increase in net profit in 2021

This translates to a total net profit of $1.1b.

Great Eastern profits down 26% to $213.3m QoQ

MoM, however, there is a 43% increase due to more favourable conditions.