Great Eastern Holdings has reported its financial results for 1Q2026, ended 31 March 2026.
According to a statement, GE’s total weighted new sales (TWNS) increased from S$345.1m ($270.9m) in 1Q2025 to S$401.9m, a y-o-y increase of 16%. The figures reflect sustained momentum in Singapore carried through from prior quarters, the statement noted.
TWNS from Malaysia was broadly flat as demand for insurance products remained subdued amid challenging market sentiment.
The company’s new business embedded value (NBEV) also recorded a y-o-y growth of 31%, from S$148.8m in 1Q2025, to S$195.4m in 1Q2026. This was driven mainly by Singapore with strong sales performance and continued focus on value creation through improved sales mix, the statement said.
GE’s profit attributable to shareholders in 1Q2026 remained steady y-o-y as well, despite a less favourable investment environment, underpinned by improved insurance profits which were supported by release in reserve reflecting positive experience and strong underlying fundamentals.
Lastly, the capital adequacy ratios of the Group’s insurance subsidiaries remain strong and above respective minimum regulatory levels.
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1Q2026
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1Q2025
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+/-%
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Total weighted new sales
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S$401.9m
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S$345.1m
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+16%
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New business embedded value
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S$195.4m
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S$148.8m
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+31%
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Profit attributable to shareholders
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S$346.3m
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S$345.5m
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+0%
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Source: Great Eastern Holdings
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