Great Eastern Holdings Limited has announced robust financial results for the first half of 2026, ending 30 June. The Group’s core insurance business demonstrated significant growth, with a 15% year-on-year increase in Total Weighted New Sales (TWNS) and a 28% rise in New Business Embedded Value (NBEV). This growth was primarily driven by strong demand in Singapore and improved productivity across distribution channels.
The Group’s profit attributable to shareholders saw a remarkable 103% increase year-on-year in the second quarter of 2026 and 43% increase year-on-year for the first half of 2026, reaching $849.5m. This surge was largely due to higher insurance operating profit and favourable investment performance in the second quarter. Greg Hingston, Group CEO, highlighted the company’s “prudent risk management, a well-diversified business portfolio, and disciplined operational execution” as key factors anchoring their strong fundamentals.
Additionally, Great Eastern’s insurance subsidiaries maintained strong Capital Adequacy Ratios, exceeding regulatory requirements. The Board of Directors declared an interim dividend of 35 pence per share, a 17% increase over the previous year’s final dividend, payable on 28 August 2026.
Founded in 1908, Great Eastern is a leading insurance provider in Singapore and Malaysia, with over S$123b in assets and more than 16 million policyholders. The company continues to expand its reach through various distribution channels, including a tied agency force, bancassurance, and digital partnerships. As a subsidiary of OCBC, Great Eastern benefits from the financial strength and stability of one of Southeast Asia’s largest financial services groups.
