Total weighted new sales declined 15% as the insurer adjusted its product mix.

Staff Reporter

, Singapore

Total weighted caller income declined 15% arsenic nan insurer adjusted its merchandise mix.

Great Eastern’s fiscal twelvemonth 2025 (FY 2025) profit attributable to shareholders surged 21% year-on-year (YoY) to $1.0b (S$1.21b).

The insurer said nan summation was driven chiefly by favourable finance performance, pinch continued net emergence from existing policies providing further support.

Basic and diluted net per stock attributable to mean shareholders of nan institution were astatine $1.00 (S$1.26), up 20% YoY.

New income slowed during nan twelvemonth arsenic nan group adjusted its merchandise mix. Total weighted caller income fell 15% YoY compared pinch nan erstwhile year, reflecting a displacement distant from short-term single-premium products towards a broader scope of longer-term offerings.

Despite little caller income volumes, caller business embedded worth (NBEV) accrued 19% YoY to $584.4m (S$739.7m).

The maturation was attributed to improved wide transmission productivity and beardown bancassurance capacity successful Singapore.

Including nan interim dividend of $0.20 (S$0.25) per stock paid successful September 2025, full dividends for FY 2025 will magnitude to $0.43 (S$0.55) per share.

This represents a 22% summation from nan erstwhile financial year, successful statement pinch nan company’s believe of paying progressive dividends based connected sustainable profit trends.

Group main executive serviceman Greg Hingston said nan results were supported by disciplined superior management, operational ratio and accordant execution crossed markets.

He added that nan group’s capacity reflected some favourable finance returns and nan spot of its halfway security business.

($1.00 = S$1.27)
 

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