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Great Eastern Life Assurance (Malaysia) Berhad (Malaysia)

Main Activities: Funds, Trusts, and Other Financial Vehicles
Full name: Great Eastern Life Assurance (Malaysia) Berhad Profile Updated: February 04, 2020
Buy our report for this company USD 19.99 Most recent financial data: 2019 Available in: English Download a sample report

Great Eastern Life Assurance (Malaysia) Berhad (GELM) began its operations in 1908 as a branch office of the Great Eastern Life Assurance Company Limited. The Malaysian operations were subsequently transferred to a locally incorporated public company, GELM under the Scheme of Transfer of Business. GELM has RM81.2 billion in assets, over 3 million policies in force, and a network of 19,000 agents nationwide as at 31 December 2018. To date, GELM has 21 branches nationwide and products including life insurance plans, investment-linked plans, mortgage protection, business protection, employee benefits, medical insurance and group health benefit schemes. GELM is a wholly-owned subsidiary of Great Eastern Holdings Limited (GEH) and its ultimate holding company is Oversea-Chinese Banking Corporation (OCBC) Limited.

Headquarters
Menara Great Eastern, 303 Jalan Ampang
Kuala Lumpur; Federal Territories; Postal Code: 50450

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Website: http://www.greateasternlife.com/my

Basic Information
Outstanding Shares:
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Financial Auditors:
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Ratings:
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Incorporation Date:
Key Executives
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Chairman
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Director
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Director
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Director
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Director
Ownership Details
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1%
Subsidiaries
Company Performance
Financial values in the chart are available after Great Eastern Life Assurance (Malaysia) Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
8.19%
Net fee and commission income
-6.16%
Operating profit (EBIT)
-63.83%
Net Profit (Loss) for the Period
-7.6%
Total assets
7.49%
Investments
7.38%
Receivables
-4.96%
Total equity
6.87%
Net Profit Trend
-19.36%
Return on Equity (ROE)
-4.8%

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