Great Eastern Holdings Ltd - Company Profile
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Great Eastern Holdings Ltd (GEH), a subsidiary of Oversea-Chinese Banking Corporation Limited is a financial service provider. It offers life insurance, health insurance, accident insurance, general insurance, retirement plans, investment-linked plans, endowment plans, annuity products, and employee benefit plans. The company’s subsidiaries are active in asset management, family takaful business, property development, and investment, real estate investment trust, and unit trust operations. The company operates through agents, brokers and distribution channels, which includes tied agency force, bancassurance and financial advisory firm, Great Eastern Financial advisers. It has offices in Singapore, Malaysia, Brunei, Indonesia, and China. GEH is headquartered in Singapore.
Great Eastern Holdings Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Life Insurance | Claims |
Health Insurance | Managed Care |
Personal Accident Insurance | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In October, the company announced its plans to acquire Malaysian insurance businesses from AMMB Holdings and MetLife International for US$256.63 million. |
2023 | New Products/Services | In September, the company and Singtel announced the launch of Singtel Home Protect Flexi. |
2023 | New Products/Services | In September, the company launched a new standalone electric vehicle (EV) insurance plan, GREAT EV Protect to support Singapore’s transition to an EV-only future. |
Competitor Comparison
Key Parameters | Great Eastern Holdings Ltd | NTUC Income Insurance Co-operative Limited | AIA Singapore Pvt Ltd | Axa Insurance Pte Ltd (Inactive) | First Capital Insurance Limited |
---|---|---|---|---|---|
Headquarters | Singapore | Singapore | Singapore | Singapore | Singapore |
City | Singapore | Singapore | Singapore | Singapore | Singapore |
No. of Employees | 5,500 | 1,947 | - | - | - |
Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Khor Hock Seng | Chief Executive Officer | Senior Management | 2015 | - |
Kate Chiew | Chief Risk Officer | Senior Management | 2021 | - |
Ronnie Tan | Chief Financial Officer - Group | Senior Management | 2002 | - |
Soon Tit Koon | Chairman | Non Executive Board | 2023 | - |
Chua Keng Hong | Chief Investment Officer | Senior Management | 2015 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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