, Singapore

Which insurance stock is the best performer YTD?

The overall segment registered high gains in 2014.

Singapore’s finance & insurance sector registered the highest growth for the services-producing industries, with the MTI noting that this was propped up by fund management and insurance segments.

According to a media release by SGX, the four insurance stocks listed on SGX – Great Eastern Holdings, United Overseas Insurance, Singapore Reinsurance Corporation, and SHC Capital Asia – have a combined market capitalisation of S$12.3 billion.

Together, the four insurance stocks have averaged a 7.2% year-to-date total return, bringing their average one-year total return to 41.3% and three-year total average return to 66.2%.

SGX reveals that three of the four insurance stocks have generated positive gains. SHC Capital Asia was the best performer with a 26.8% price increase, followed by Great Eastern Holdings with 3.5%, and United Overseas insurance with 1.7%.

Meanwhile, the three largest capitalised insurance stocks – Great Eastern Holdings, United Overseas Insurance and Singapore Reinsurance Corporation – have a history of distributing dividends semi-annually. Shares in the three stocks will go ex-dividend in the next two weeks.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.