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INSURERS' PERFORMANCE

GE Q1 net profit up 68% to S$152.9m

Sat, May 05, 2018 - 5:50 AM
rachmui@sph.com.sg@RachelMuiBT

Singapore

INSURER Great Eastern's (GE) first-quarter net profit grew 68 per cent to S$152.9 million, thanks to higher earnings from its Singapore insurance business.

However, this was offset by losses from changes in the fair value of its investments, arising from "unfavourable...

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