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In June 2004, Great
Eastern Holdings became a substantially owned subsidiary of OCBC Bank, Singapore's longest established local bank. OCBC Bank has assets of S$ 164 billion and a network of 390 branches and representative offices in 15 countries and territories including Singapore, Malaysia,
337:
In
November 1999, Great Eastern Life underwent restructuring to become a wholly owned life insurance arm of a financial holding company – Great Eastern Holdings Ltd. This was followed by a merger between Great Eastern Holdings and Overseas Assurance Corporation in December 2000.
388:
In August 2012, Great
Eastern Holdings Limited sold 25% stake of its equity interest in Great Eastern Life Assurance (China) Co Ltd to Chongqing City Construction Investment (Group) Co Ltd for a total sum of ÂĄ303 million
285:
In 2020, the company's website stated that it has over S$ 90 billion in assets and over 8 million policyholders, including 5 million from government schemes. It has three distribution channels—a tied agency force,
281:
8 billion, 2.6 million policies in force served by 24 branch offices and a service network of more than 17,000 agents nationwide. In August 2007, it had S$ 45 billion in assets and 3 million policyholders.
349:. OCBC Bank and its banking subsidiaries offer a wide range of specialist financial services, from consumer, corporate, investment, private and transaction banking to treasury and stockbroking services.
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In May 2006, Great
Eastern and Chongqing Land Properties Group set up their 50:50 joint venture life insurance company, Great Eastern Life Assurance (China) Co Ltd. This new company is headquartered in
1234:
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In 1920, Great
Eastern Life Assurance (Malaysia) Berhad started as a subsidiary branch office of Great Eastern Life Assurance Co Ltd. in Singapore.
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Incorporated on 26 August 1908 in
Singapore, Great Eastern has claimed to be the oldest and most established life insurance company in Singapore.
1095:
942:
804:
403:
HR Vendor of the Year in 2015 (Silver winner) by the Human
Resource Magazine, for Best Insurance Vendor and Best Retirement and Pension Plans
396:
Great
Eastern was named Life Insurance Company of the Year at the Asia Insurance Industry Awards in 2011 and 2013, by Asia Insurance Review.
342:
Indonesia, Thailand, Vietnam, China, Hong Kong SAR, Taiwan, Brunei, Myanmar, Japan, Korea, Australia, United
Kingdom and the United States.
759:
1171:
744:
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In addition to
Singapore where Great Eastern is headquartered, and Malaysia with 29 branches, Great Eastern also has a branch office in
814:
592:
1239:
1105:
540:
322:
412:
Most Transparent Company (Finance Category) in 2019 by Securities Investors Association Singapore (SIAS) Investors' Choice Awards
393:. Upon completion of the deal, Great Eastern Life Assurance (China) Co Ltd was renamed Zhong Xin Ancheng Life Insurance Co. Ltd.
1159:
975:
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290:, and financial advisory firm, Great Eastern Financial Advisers. It is the only life insurance company to be listed on the
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Gold at the 2020 Hermes Creative Awards, organised by the Association of Marketing and Communication Professionals (USA)
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This network includes more than 280 branches and offices in Indonesia operated by OCBC Bank's subsidiary,
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Best Team of the Year Award in 2018, 2019 by the Singapore Business Review Management Excellence Awards
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89:
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On 19 June 2023, OCBC Bank upped its stake in insurance subsidiary Great Eastern Holdings to 88.4%.
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Best Employer in Singapore in 2019 by Kincentric's Best Employers global certification programme
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294:(SGX), and the largest insurance company in Southeast Asia in terms of assets and
28:
385:, which will act as a bridgehead for its expansion plans into the rest of China.
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541:"A trusted name in insurance | Company Profile | Great Eastern Brunei"
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897:
857:
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204:
133:
1120:
965:
689:
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559:"Awards and accolades | Company Profile | Great Eastern Singapore"
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region. Founded in 1908 by Alfred Hewton Fair, it is the largest and oldest
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490:"Founding of Great Eastern Life Assurance Company - Singapore History"
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447:"Our Businesses | Company Profile | Great Eastern Singapore"
425:
5th in the Brand Finance Top 100 Singaporean Brands for 2020
184:
164:
144:
419:'s (SMU) Customer Satisfaction Index of Singapore (CSISG)
472:"OCBC ups stake in insurance arm Great Eastern to 88.4%"
428:
Most Valuable Brand in Singapore 2020, by Brand Finance
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813:
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515:"Great Eastern to sell 25 percent stake in GELC JV"
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73:
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45:
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415:First within the Life Insurance sector in 2019 by
117:Singapore, Malaysia, Brunei, Indonesia and Myanmar
1235:Financial services companies established in 1908
212:Great Eastern Life Assurance (Malaysia) Berhad
600:
277:In 2006, the company had assets in excess of
103:1 Pickering St, #01-01 Great Eastern Centre,
8:
21:
360:since 1996, and a representative office in
1225:Companies listed on the Singapore Exchange
1167:
632:
607:
593:
585:
20:
1187:
438:
1096:General Insurance Corporation of India
943:Varma Mutual Pension Insurance Company
805:Western & Southern Financial Group
1245:Privately held companies of Singapore
7:
760:Ohio National Life Insurance Company
356:since 1975, a subsidiary company in
258:insurance company and subsidiary of
241:Great Eastern Life Assurance Co. Ltd
22:Great Eastern Life Assurance Co. Ltd
1172:List of largest insurance companies
745:Nationwide Mutual Insurance Company
318:1920–2004: International expansion
14:
1106:Instituto de Resseguros do Brasil
1230:Insurance companies of Singapore
1202:
1190:
1166:
180:
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27:
976:China Pacific Insurance Company
750:New York Life Insurance Company
417:Singapore Management University
215:PT Great Eastern Life Indonesia
1:
16:Singaporean insurance company
1126:Reinsurance Group of America
971:China Life Insurance Company
660:American International Group
326:Branch of Great Eastern in
1266:
996:Life Insurance Corporation
127:Khor Hock Seng (Group CEO)
1154:
1006:MS&AD Insurance Group
655:American Family Insurance
270:company in Singapore and
26:
1240:Life insurance companies
451:Great Eastern, Singapore
1162:ranking by Total Assets
770:Progressive Corporation
79:; 116 years ago
1051:Taikang Life Insurance
948:Zurich Insurance Group
843:Assicurazioni Generali
399:Other awards include:
331:
310:1908–1920: Early years
187:13.09 billion (FY2017)
545:Great Eastern, Brunei
494:eresources.nlb.gov.sg
325:
296:market capitalisation
167:84.5 billion (FY2017)
147:12.5 billion (FY2017)
991:Kyobo Life Insurance
775:Prudential Financial
918:RSA Insurance Group
755:Northwestern Mutual
740:National Life Group
77:26 August 1908
23:
1250:Singaporean brands
1111:Korean Reinsurance
1076:Arch Capital Group
986:Great Eastern Life
913:Royal London Group
790:UnitedHealth Group
785:Sun Life Financial
710:Markel Corporation
665:Berkshire Hathaway
332:
292:Singapore Exchange
245:Great Eastern Life
94:Strait Settlements
68:Financial services
1178:
1177:
1164:
1116:Lloyd's of London
1064:
1063:
1021:Ping An Insurance
1001:Meiji Yasuda Life
730:Mutual of America
685:CUNA Mutual Group
476:The Straits Times
377:with branches in
262:operating in the
243:, often known as
238:
237:
230:.greateasternlife
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1207:
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1046:T&D Holdings
1016:Income Insurance
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578:Official website
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521:. 28 August 2012
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888:Mutua Madrileña
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735:Mutual of Omaha
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478:. 19 June 2023.
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1036:SOMPO Holdings
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908:Prudential plc
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863:CNP Assurances
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705:Liberty Mutual
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264:Southeast Asia
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1056:Tokio Marine
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765:Pacific Life
695:The Hartford
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523:. Retrieved
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454:. Retrieved
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205:Subsidiaries
174:Total equity
154:Total assets
100:Headquarters
36:Company type
18:
1101:Hannover Re
1069:Reinsurance
1011:Nippon Life
923:Sampo Group
878:LähiTapiola
621:reinsurance
499:21 February
253:Singaporean
113:Area served
1219:Categories
938:Swiss Life
928:Storebrand
898:Old Mutual
823:Aegon N.V.
780:State Farm
720:MassMutual
525:12 October
456:22 October
433:References
368:Modern era
330:, Malaysia
247:or simply
134:Net income
123:Key people
84:1908-08-26
1209:Companies
1197:Singapore
1121:Munich Re
966:AIA Group
690:FM Global
629:Insurance
623:companies
617:insurance
375:Chongqing
358:Indonesia
260:OCBC Bank
198:OCBC Bank
105:Singapore
90:Singapore
48:Traded as
1141:Swiss Re
1086:China Re
1031:Singlife
893:NN Group
873:Groupama
715:Manulife
637:Americas
272:Malaysia
64:Industry
1183:Portals
1146:TransRe
1136:SCOR SE
868:Folksam
858:Bâloise
833:Allianz
725:MetLife
383:Sichuan
379:Shaanxi
362:Myanmar
305:History
251:, is a
223:Website
82: (
74:Founded
1081:Axa XL
883:Mapfre
700:Humana
615:Major
354:Brunei
328:Kluang
193:Parent
107:048659
40:Public
848:Aviva
828:Ageas
675:Cigna
670:Chubb
650:Ambac
645:Aflac
1160:SWFI
958:APAC
933:Suva
815:EMEA
800:USAA
795:Unum
619:and
527:2012
501:2019
458:2021
381:and
232:.com
853:Axa
838:Aon
391:RMB
279:S$
228:www
185:S$
165:S$
145:S$
88:in
58:G07
54:SGX
1221::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
