Great Eastern General Insurance (GEG)

SINGAPORE (Dec 11): Great Eastern Holdings is acquiring QBE Indonesia for US$28 million ($38.4 million) in cash to deepen its footprint in Indonesia and build up its general insurance operations into a significant business pillar for the group.

SINGAPORE (July 11): Overseas Assurance Corporation (OAC), the general insurance arm of OCBC’s 87%-owned subsidiary Great Eastern Holdings, has been rebranded as Great Eastern General Insurance (GEG) in Singapore.