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Singapore: Great Eastern premiums up 21% but profits drop 12% for FY13

Source: Asia Insurance Review | Mar 2014

Singaporean insurer Great Eastern Holdings' full-year gross premiums grew 21% to S$7.98 billion (US$6.34 billion) from $6.61 billion in 2012 but saw a 12% decline in its full year profit for 2013 to S$674.8 million, compared to $$767.5 million a year earlier after stripping out a one-off disposal gain.

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