Great Eastern Holdings has delivered a record profit attributable to shareholders of S$1,207.1m ($953m) for the full year ended 31 December 2025 (FY2025), a jump of 21% compared to 2024.
Total weighted new sales declined by 15% y-o-y to S$1,535.4m for FY2025, in line with a shift away from short-term single-premium products toward a more diversified range of longer-term product offerings.
The Group’s new business embedded value recorded a growth of 25% and 19% in both 4Q2025 and FY2025 respectively, driven mainly by strong sales performance in Singapore, as a result of new product innovations introduced during the year and channel growth from financial advisors and bancassurance.
Singapore
In Singapore, the group shifted toward a more diversified, higher-value and sustainable business model, reshaping its product mix, broadening its suite of solutions and deepening customer engagement. The launch of 18 new products, including several market-first offerings, supported this transition, strengthening new business value and enhancing the quality and resilience of the overall portfolio. The Great Medical Care Concierge proposition was further expanded to provide 24/7 support, ensuring customers have timely access to end-to-end guidance and assistance during critical healthcare moments.
Malaysia
In Malaysia, the group delivered a resilient performance despite challenging market conditions amid rising medical costs and related new market requirements introduced beginning 2025.
In July 2025, the group launched “The Great Journey” in Malaysia, an integrated healthcare initiative connecting 85 hospitals and more than 1,000 clinics nationwide to provide coordinated medical care across both our conventional and Family Takaful businesses. The Group expanded its offering in Malaysia by establishing Great Eastern Labuan and opening new channels and offerings to serve a broader customer base.
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Some financial performance indicators by geographical segments (S$ m)
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Category
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Singapore
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Malaysia
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Other Asia
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Consolidated*
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2025
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2024
|
2025
|
2024
|
2025
|
2024
|
2025
|
2024
|
|
Insurance revenue from customers
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3,637.6
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3,412.50
|
3,247.0
|
3,269.7
|
149.4
|
222
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7,032.6
|
6,903.3
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Dividend from subsidiaries
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347.0
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43.2
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-
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-
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-
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-
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-
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-
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Total revenue
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3,984.6
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3,455.7
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3,247.0
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3,269.7
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149.4
|
222
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7,032.6
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6,903.3
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Profit after income tax
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1,083.7
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626.4
|
498.3
|
428.9
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-7.6
|
10.9
|
1,227.4
|
1,023.0
|
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Source: Great Eastern Holdings
* after adjustments
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Great Eastern Group CEO Mr Greg Hingston said, “We have delivered a strong set of results for FY-25, underpinned by disciplined capital management, focus on operational efficiency and consistent execution of our strategy across markets.
“Our performance reflects both favourable investment returns and the strength of our underlying business fundamentals. As we continue to focus on customer needs and develop relevant and differentiated solutions across life stages, we remain well-positioned for sustainable growth in the years ahead.”