Great Eastern Holdings Reports 12% Rise in Nine-Month Profit as Sales Fall 21%

Reuters
2025.10.30 01:07
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Great Eastern Holdings Limited reported a 12% increase in profit attributable to shareholders for the nine months ended September 30, 2025, totaling $965.7 million. Despite a 21% decline in Total Weighted New Sales (TWNS) to $1,081.7 million, New Business Embedded Value (NBEV) rose 16% to $498.7 million. The profit increase was driven by strong investment results and modest growth in the insurance business, with capital adequacy ratios remaining above regulatory levels.