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 collaborates with telco for home insurance plan
The insurer and Singtel unveiled a plan which covers various residential housing types.
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.
Great Eastern in discussions to buy Malaysia's AmMetLife
It plans to acquire AmMetLife Insurance, a MetLife Inc. Malaysian venture.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
Great Eastern posts S$244m in Q1 profits
Total weighted new sales, however, declined by 22% during the year.
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.
Great Eastern launches two critical illness cover
The new product aims to solve the concerns over the costs of managing CI.
Banker to insurer: Great Eastern’s Jimmy Tong recalls his journey
The two roles overlap when it comes to protecting clients’ assets
Great Eastern profits surge 11% to $365.5m for H1 2022
Shareholder profits, however, declined 25%.
Great Eastern sets new target for net zero goal by 2025
The insurer recently released its 2021 sustainability report.
Great Eastern reports 33% decline in shareholder profits for Q4
However, overall shareholder profit for the financial year of 2021 increased by 16%
Great Eastern crafts insurance package for special needs children
Upon the parents’ demise, the payout from the insurance goes to the children’s SNTC trust fund.
Great Eastern gives away more than S$400m gift credits
The credits are part of the insurer’s 113th-anniversary celebration.
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Humans need to be in insurance’s genAI loop
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Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
