First and foremost Great Eastern (GE) is the most established life insurance company in Malaysia. It’s running for more 100 years now. Founded on 1908 and the oldest insurance operation in this region.
Today Great Eastern is the largest insurance group and the market leader in Malaysia and Singapore, with RM 125 billion in assets and 3.8 million policyholders. It has three successful distribution channels – its tied agency force, group insurance and bancaasurance. GE also operates in China, Indonesia, Vietnam and Brunei.
As at 31 Dec 2009, GE has over 2.8 million policies in force served by 21 operational branch offices and service network of 17,000 agents nationwide (including meJ).
In 2010, GE stood out from the rest of the insurance player when it was recognized as an iconic brand, by managing to maintain distinction and quality through the BrandLaureate Award – Best Brand in insurance and winning for the first time, voted by Malaysian SMEs, the BrandLaureate SME Chapter Awards 2009 Most Preferred Brand Award, selected through an online poll survey conducted by the Asia Pacific Brands Foundation (APBF). GE also won the Reader’s Digest Trusted Brand Gold Award for seventh consecutive years.
Ok enough with talk. Now let’s see some numbers.
Above was Conventional Insurance figures.
From above we could see how good GE is. GE one of the biggest tax payer among insurance company. Thus it show how good GE business in this country. And most important is, look at the last column, 'policyholder's benefit'. It means amount that paid to customer in term of dividends and bonuses alone. It proof that the GE business and investment are really in excellent shape, and no one can deny it. If the dividends and bonuses are that much, can you imagine the claims have been paid? No worry, we have enough sources!
Below is another proof that we are recognized as a remarkable insurance player in country!
Below is another proof that we are recognized as a remarkable insurance player in country!
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