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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.
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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.
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In November 2015, Evergrande acquired a 50% stake in Sino-Singapore Great Eastern Life Insurance Company for $617 million and changed its name to Evergrande Life. [46] It also owns shares in Shengjing Bank. [47] Evergrande has also sold wealth management products to consumers. [48]
Everest Group, Ltd. is a Delaware-based provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.