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An update from Great Eastern Holdings Limited ( (SG:G07) ) is now available.
Great Eastern Holdings Limited has received its first-time credit ratings from Fitch Ratings, which assigned an Insurer Financial Strength (IFS) Rating of AA to its five insurance subsidiaries in Singapore and Malaysia. This rating reflects the Group’s strong capitalization, low financial leverage, and robust company profile, along with a strategic uplift due to support from its parent company, Oversea-Chinese Banking Corporation Limited. The stable outlook underscores the Group’s solid market positioning and diversified earnings sources.
More about Great Eastern Holdings Limited
Great Eastern Holdings Limited is a prominent financial services group incorporated in Singapore, focusing on insurance products and services. The company operates primarily in Singapore and Malaysia, offering life and general insurance solutions.
Technical Sentiment Signal: Sell
Current Market Cap: S$12.21B
For an in-depth examination of G07 stock, go to TipRanks’ Stock Analysis page.