Great Eastern net profit rises 21% to $1.21b for FY2025
Insurance revenue grew 1.9% to $7.03b during the period.
Great Eastern Holdings Limited reported a record profit attributable to shareholders of approximately $1.21b for the year ended 31 December 2025 (FY2025), up 21% year-on-year (YoY) from $995.3m.
The increase was attributed to favourable investment performance, supported by continued earnings emergence from the existing in-force portfolio, according to the group’s press release.
Fourth-quarter net profit rose 79% to $241.4m, a rise from $134.8m in the previous year.
Meanwhile, insurance revenue rose 1.9% to $7.03b in FY2025 from $6.90b.
Total Weighted New Sales (TWNS) fell 15% to $1.54b during the period. However, fourth-quarter TWNS increased 5% to $453.7m.
New Business Embedded Value (NBEV) rose 19% YoY to $739.7m in FY2025. In the fourth quarter, NBEV increased 25% to $241m.
The board recommended a final one-tier tax-exempt dividend of 30 cents per share, payable on 6 May 2026, subject to shareholder approval.
Together with the interim dividend of 25 cents paid in September 2025, the total dividend declared for the financial year amounts to 55 cents for every share.