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Favourable market conditions lift Great Eastern's Q2 profit

Earnings leap to S$244.6m, from S$18.6m previously

A SIGNIFICANTLY higher unrealised mark-to-market gains due to more favourable financial market conditions lifted insurer Great Eastern Holding's second-quarter earnings to S$244.6 million from S$18.6 million a year ago. This was boosted by a sharp turnaround in its non-participating fund, which