Singapore insurer Great Eastern posts 52% higher Q3 profit of $273.4 million

Quick Summary:

The result was driven by contributions from its insurance business and investment performance.

Great Eastern said the capital adequacy ratios of its insurance subsidiaries for the quarter “remain strong and well above their respective minimum regulatory levels”.

The better performance came amid sustained sales momentum in Singapore and Malaysia, said Great Eastern.

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Article Details

Category: EconomyBusiness

Markets: SingaporeMalaysia

Topics: Cent Great $273 Posts Singapore Eastern Higher Profit Million Business Insurer

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 08:53:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23439946

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 18 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

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Publisher ID: #25

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