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GEH Q3 profit jumps on higher insurance, investment returns

Despite 8% dip in gross premiums, net profit surges 185% to S$195 million

Published Wed, Oct 26, 2016 · 09:50 PM
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Singapore

HIGHER profit from its insurance business and shareholders' funds investments lifted Great Eastern Holdings' (GEH) third-quarter net profit 185 per cent to S$195 million from S$68.4 million a year ago, despite a dip in gross premiums.

Profit from the group's insurance bus…

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