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.
Great Eastern see earnings rise 13% YoY in Q1 2025
Great Eastern see earnings rise 13% YoY in Q1 2025
But total weighted new sales contracted by 34% YoY.
Great Eastern outlines 2025 priorities with focus on value creation
It plans to expand its product offerings in wealth accumulation.
Great Eastern’s FY 2024 earnings surge 30% YoY
EPS was at S$2.10.
Great Eastern gets more time from SGX to restore public float
It has until January 2025 to meet the listing requirement.
Great Eastern names HSBC banker as new group CEO
Greg Hingston will take the helm once Khor Hock Seng retires on 31 Oct 2024.
Great Eastern backs MoH's pre-planning initiative with new legacy programme
This makes the insurer the first one to support the pre-planning campaign.
Great Eastern granted deadline extension to restore its public float
The insurer was given a deadline of 23 October.
OCBC moves to delist Great Eastern with $25.60 final offer price
The IFA said that the offer is “not fair but reasonable".
OCBC bags over 90% of Great Eastern’s shares, trade suspension to take effect
Trade suspension will be lifted if Great Eastern's public float rebounds to at least 10%.
SIAS cites ‘dilemma’ for minority shareholders amidst OCBC's GE offer
OCBC earlier announced a $1.4b offer to acquire the remaining 11.56% stake in GE.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Great Eastern backs Singapore government’s pre-planning advocacy
Nine in 10 Singaporeans view planning for end-of-life matters as a necessity.
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 profit attributable to shareholders grew 21% in Q3
It increased to $180.2m.
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.
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