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Singapore's oldest and one of its largest life insurers, majority owned by OCBC Bank.
Singapore's oldest and one of its largest life insurers, majority owned by OCBC Bank.
Earns premiums on life and health policies and investment returns on the funds it holds against future claims, with participating policies passing some of the investment results back to policyholders. Singapore and Malaysia carry the business, selling through its own agents and OCBC bank branches. Its asset-management arm is Lion Global Investors.
In one line: A Singaporean MetLife/Prudential.
Moat: narrow (brand, distribution, scale). Long-established brand and OCBC bancassurance distribution give a strong Singapore/Malaysia life-insurance position.
Headquarters: Singapore · Founded: 1908 · Employees: 5,360
Size Great Eastern (G07.SI) is a Singapore Financials company (Multi-Line Insurance) with a market value of $7.47B, the 18th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$18.96 on 6 Nov 2026.
Performance Over six months the shares gained 20.6%, against +5.4% for the median peer and -1.2% for the Singapore market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 26.6% over the last twelve months (peer median +6.9%); the operating margin is 12.4% (peer median 15.0%).
Valuation It trades at 1.73× book value against a peer median of 1.25× (7th most expensive of 21).
Price implies The share price implies a return on equity of about 11.4%; Great Eastern delivers 14.8%, so the price asks less than the business earns today.
Next results Next results expected around 22 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$16.6B | S$15.0B | S$13.5B | S$12.2B | S$6.19B |
| Revenue growth | — | +11% | +11% | +96% | — |
| Net income | S$1.45B | S$1.19B | S$995M | S$775M | S$610M |
| Free cash flow | S$221M | S$2.73B | S$584M | S$1.88B | S$6.70B |
| Capital expenditure | S$120M | S$118M | S$121M | S$93.7M | S$70.9M |
| Total debt | n/a | S$1.39B | S$569M | S$51.5M | S$62.6M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Great Eastern G07.SI | $7.47B | +21% | +27% | 15% | 1.73× | 11.4% |
| AIA 1299.HK | $104B | -10% | +13% | 20% | 2.53× | 18.4% |
| Prudential 2378.HK | $30.8B | -24% | +30% | 19% | 1.54× | 11.3% |
| Manulife Financial MFC.TO | $72.2B | +13% | +18% | 13% | 2.22× | 13.0% |
| Tokio Marine 8766.T | $105B | +35% | 0% | 12% | 1.98× | 6.7% |
| HSBC HSBA.L | $301B | -1% | -4% | 14% | 1.51× | 17.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | G07.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.9% | +1.6% | 11th highest of 21 |
| 6-month return | +20.6% | +5.4% | 3rd highest of 21 |
| Return on equity | 14.8% | 15.2% | 11th highest of 21 |
| Price / book | 1.73× | 1.25× | 7th most expensive of 21 |
| Trailing P/E | 9.2× | 10.6× | 8th cheapest of 21 |
| ROE the price implies | 11.4% | 8.1% | 7th most demanding of 21 |
| ROE delivered | 14.8% | 14.4% | 10th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Great Eastern G07.SI | Singapore | $7.47B | +21% | +27% | 15% | 1.73× | 11.4% | 14.8% |
| Axis Capital AXS | United States | $7.60B | +7% | +10% | 16% | 1.33× | 8.1% | 16.0% |
| Lincoln National LNC | United States | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% | 22.6% |
| Hiscox HSX.L | United Kingdom | $8.08B | +18% | +4% | 17% | 2.06× | 15.1% | 16.6% |
| Db Insurance 005830.KS | South Korea | $6.90B | +2% | -14% | 17% | 0.85× | 5.1% | 17.0% |
| China Taiping Insurance 0966.HK | Hong Kong | $8.28B | -24% | +19% | 36% | 0.63× | 8.1% | 36.2% |
| China Reinsurance (Group) 1508.HK | Hong Kong | $6.64B | -5% | +11% | 10% | 0.40× | 5.5% | 9.7% |
| Kinsale Capital KNSL | United States | $8.64B | +26% | +8% | 28% | 4.70× | 30.6% | 27.8% |
| Enact ACT | United States | $6.38B | +5% | +2% | 13% | 1.19× | 7.9% | 12.9% |
| RLI RLI | United States | $6.27B | +39% | +6% | 22% | 3.70× | 15.4% | 22.1% |
| Sony Financial 8729.T | Japan | $6.06B | +1% | -10% | 14% | 1.08× | 5.1% | 14.4% |
| FWD 1828.HK | Hong Kong | $5.54B | +7% | +24% | 4% | 0.92× | 7.3% | 4.1% |
| Sunshine Insurance 6963.HK | Hong Kong | $5.35B | 0% | +8% | 14% | 0.66× | 5.4% | 13.7% |
| White Mountains Insurance WTM | United States | $5.35B | +5% | +21% | 22% | 0.99× | 6.3% | 21.9% |
| CNO Financial CNO | United States | $5.09B | +20% | +2% | 17% | 2.19× | 16.0% | 16.9% |
| Aditya Birla Capital ABCAPITAL.NS | India | $11.5B | +8% | +24% | 12% | 2.56× | 41.9% | 12.1% |
| Globe Life GL | United States | $12.1B | +4% | +6% | 21% | 2.08× | 11.7% | n/a |
| Unum UNM | United States | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% | 2.6% |
| Aegon AGN.AS | Netherlands | $12.7B | +4% | +16% | 10% | 1.25× | 8.2% | 10.5% |
| CNA Financial CNA | United States | $12.8B | +9% | +2% | 10% | 1.25× | 7.2% | 9.6% |
| Mapfre MAP.MC | Spain | $14.1B | -2% | +5% | 12% | 1.26× | 8.4% | 12.4% |