Great Eastern Holdings (G07) Q2 2026 earnings summary

Executive summary

• Group profit attributable to shareholders rose 43% year-over-year to S$849.5m, driven by robust investment performance and improved insurance profits.

• Delivered strong first-half performance in 2026, with robust insurance operations and improved investment returns in Q2.

• Maintained strong fundamentals through prudent risk management and a diversified business portfolio.

Financial highlights

• Total Weighted New Sales (TWNS) grew 15% year-over-year to S$813.2m, with strong momentum in Singapore and Malaysia.

• New Business Embedded Value (NBEV) surged 28% year-over-year to S$405.3m, outpacing TWNS growth.

• Profit from insurance business increased 48% year-over-year to S$615.3m, supported by positive reserve releases and investment gains.

• Profit from shareholders’ fund rose 31% year-over-year to S$234.2m, mainly from stronger equity investment performance.

• Profit attributable to shareholders surged 103% year-over-year in Q2 and 43% for 1H 2026, reflecting strong insurance operating profit and positive underlying experience.

Outlook and guidance

• Sustained growth in new sales and embedded value expected, with continued focus on value creation and product mix optimization.

• Dividend policy targets steady, progressive payouts twice yearly, with each payment no lower than the previous, barring unforeseen circumstances.