Great Eastern Holdings Limited has announced a record profit attributable to shareholders of S$1,207.1m for the financial year ending 31 December 2025. This represents a 21% increase from the previous year, driven by favourable investment performance and earnings from its existing in-force portfolio. Despite a 15% decline in Total Weighted New Sales, the Group’s strategic shift towards a diversified range of longer-term products has been a key factor in its financial success.
The New Business Embedded Value (NBEV) saw a significant increase of 19% to S$739.7m, reflecting improved channel productivity and strong growth in Singapore’s bancassurance sector. Group CEO Greg Hingston attributed the robust results to disciplined capital management and operational efficiency, stating, “Our performance reflects both favourable investment returns and the strength of our underlying business fundamentals.”
The Board of Directors has proposed a final one-tier tax exempt dividend of 30 cents per share, pending approval at the Annual General Meeting. This, combined with an interim dividend of 25 cents per share paid in September 2025, brings the total dividend for FY2025 to 55 cents per share—a 22% increase from the previous year.
In Singapore, Great Eastern has expanded its product offerings and customer engagement, launching 18 new products and enhancing its Great Medical Care Concierge service. In Malaysia, the Group introduced “The Great Journey,” an initiative connecting hospitals and clinics to provide coordinated healthcare. Additionally, the Group has advanced its digital and AI capabilities, improving advisory and claims processes.
The company’s strong performance and strategic initiatives position it well for sustainable growth in the coming years.
