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Great Eastern Life Assurance Co. Ltd, often known as Great Eastern Life or simply Great Eastern, is a Singaporean multinational insurance company and subsidiary of OCBC Bank operating in the Southeast Asia region. Founded in 1908 by Alfred Hewton Fair, it is the largest and oldest life insurance company in Singapore and Malaysia.
The Great Eastern Tower (also known as Menara Great Eastern) in Kuala Lumpur, Malaysia, is the headquarters of Great Eastern Life Assurance (M) Bhd, a member of Great Eastern Holdings Ltd in Singapore. [citation needed] It is located along Jalan Ampang.
List of Malaysian banks by total assets as of 31 December 2023 Ranking Bank Totals in billions of Malaysian ringgit Assets Equity 1: Maybank: 947.8: 86.0
It is the largest publicly traded life insurance group in the Asia-Pacific region. It offers insurance and financial services, writing life insurance for individuals and businesses, as well as accident and health insurance, and offers retirement planning, and wealth management services, variable contracts, investments and securities.
Public Bank Berhad: Banking 5,578 1,459 19,827 Kuala Lumpur 10 Batu Kawan Berhad: Chemicals 5,449 109 42,559 Ipoh: 11 Kuala Lumpur Kepong Berhad: Agribusiness 5,226 184 48,487 Kuala Lumpur 12 YTL Power: Utilities 4,877 452 4,800 Kuala Lumpur 13 Axiata: Telecommunications 4,829 -438 10,800 Kuala Lumpur 14 IHH Healthcare: Healthcare 4,595 648 ...
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In 2023, the company entered the Malaysian life insurance market through an investment in Gibraltar BSN Life Berhad, which was renamed FWD Insurance Berhad. Alongside other investors, FWD Group acquired a stake from The Prudential Insurance Company of America, a wholly owned subsidiary of the US-based, NYSE-listed Prudential Financial, Inc. (PFI).