Total weighted new sales (TWNS) for the 3QFY2025 fell by 5% y-o-y to $373.1 million mainly due to lower single premium sales in Singapore after a change in product mix to align with emerging customer needs for longer-term financial planning priorities. TWNS for the 9MFY2025 fell by 21% y-o-y to $1.08 billion for the same reason.
Great Eastern Holdings has reported earnings of $372 million for the 3QFY2025, 36% higher y-o-y. This brings the insurer’s earnings for the 9MFY2025 to $965.7 million, 12% higher y-o-y.
The higher bottom line for both periods was mainly due to robust investment results from shareholders’ funds and modest growth from the group’s underlying insurance business.
