With Great Eastern, youre always covered F INANCIAL R ESULTS FOR T - PowerPoint PPT Presentation

With Great Eastern, you’re always covered F INANCIAL R ESULTS FOR T HIRD Q UARTER 2011 31 OCTOBER 2011

Disclaimer This presentation may contain forward looking statements by Great Eastern Holdings Limited (“the Company”) relating to the Company’s (including its group of companies) outlook, business and strategy which involve assumptions, risks and uncertainties. Such forward looking statements are based on the Company’s current views about markets in which we operate and assumptions including, but not limited to, prevailing economic and market conditions and currently available information. These statements involve known and unknown risks as well as uncertainties that could cause actual results or performance to differ materially from those in the forward looking statements. Such statements are not, and should not be construed as a representation of the Company’s future performance or achievements. It should be noted that the Company’s actual performance or achievements may vary significantly from such statements. The Company does not undertake to update these forward looking statements to reflect circumstances which arise after publication. 2

Review of Financial Results 3

Highlights Total weighted new sales � 17% to S$568.8m in 9M ‐ 11 Sales Long ‐ term New business embedded value (NBEV) � 20% to S$244.1m Profitability in 9M ‐ 11 of New Sales Net profit was S$40.4m in Q3 ‐ 11, compared with S$168.6m a Earnings year ago 4

Sales Total weighted new sales rose by 17% to S$568.8m in 9M ‐ 11 + 17% 568.8 29.4 486.2 31.1 Weighted new 204.7 business premiums (S$ m) 194.7 237.9 204.6 189.6 189.8 19.2 174.2 163.0 7.1 133.2 14.1 10.3 95.3 11.5 334.7 9.9 77.4 6.9 72.8 70.0 54.6 260.4 79.7 45.0 123.4 120.1 105.7 108.1 106.5 81.3 73.4 9M ‐ 10 9M ‐ 11 Q1 ‐ 10 Q2 ‐ 10 Q3 ‐ 10 Q4 ‐ 10 Q1 ‐ 11 Q2 ‐ 11 Q3 ‐ 11 Singapore Malaysia Emerging Markets 5

Sales Total weighted new sales rose by 17% to S$568.8m in 9M ‐ 11 9 ‐ Month Comparison Total Weighted New Sales (S$ m) + 17% 568.8 29.4 486.2 31.1 204.7 • Strong growth momentum in 194.7 bancassurance sales • Higher agency sales of Accident & Health plans and government insurance schemes 260.4 334.7 9M ‐ 10 9M ‐ 11 Singapore Malaysia Emerging Markets 6

Long Term Profitability of New Sales 9M ‐ 11 NBEV grew strongly by 20% to S$244.1m 44.3% 43.0% 43.2% 42.9% 42.4% 42.1% 41.8% New business 41.7% 40.5% embedded value/Total weighted new sales + 20% 244.1 6.4 New Business 202.6 Embedded 8.1 Value 106.7 (S$ m) 89.2 102.3 86.7 84.0 4.7 76.8 73.3 68.2 1.2 2.6 57.6 3.6 39.4 2.5 2.8 37.1 131.0 32.9 38.3 1.7 31.3 105.3 34.0 22.3 58.2 48.4 43.1 40.3 39.5 33.6 31.4 9M ‐ 10 9M ‐ 11 Q1 ‐ 10 Q2 ‐ 10 Q3 ‐ 10 Q4 ‐ 10 Q1 ‐ 11 Q2 ‐ 11 Q3 ‐ 11 Singapore Malaysia Emerging Markets 7

Long Term Profitability of New Sales 9M ‐ 11 NBEV grew strongly by 20% to S$244.1m 9 ‐ Month Comparison NBEV (S$ m) + 20% 244.1 6.4 202.6 8.1 106.7 • Higher sales of regular premium 89.2 investment ‐ linked as well as protection ‐ based products 105.3 131.0 9M ‐ 10 9M ‐ 11 Singapore Malaysia Emerging Markets 8

Earnings Net profit attributable to shareholders in Q3 ‐ 11 was S$40.4m • Q3 ‐ 11 net profit decreased on weaker investment performance 422.1 amidst adverse financial markets • Q3 ‐ 10 was an exceptional quarter of 101.8 316.8 high earnings 26.9 Net Profit (S$ m) 179.1 168.6 158.7 386.1 49.3 36.3 350.6 117.7 23.6 85.1 74.4 26.7 40.4 38.1 16.3 159.2 155.7 151.9 113.5 81.4 75 73.9 ‐ 23.4 9M ‐ 10 9M ‐ 11 Q1 ‐ 10 Q2 ‐ 10 Q3 ‐ 10 Q4 ‐ 10 Q1 ‐ 11 Q2 ‐ 11 Q3 ‐ 11 Profit from insurance operations Profit from non ‐ insurance operations Income Tax Profit attributable to non ‐ controlling interests 9

Summing up ‐ Key Financials ∆ ∆ S$ m 9M ‐ 11 9M ‐ 10 Q3 ‐ 11 Q3 ‐ 10 Net Profit 316.8 422.1 ‐ 25% 40.4 168.6 ‐ 76% Total Weighted New Sales 568.8 486.2 17% 204.6 189.8 8% NBEV 244.1 202.6 20% 86.7 76.8 13% Return on Equity 8.1% 11.2% ‐ 3.1pp 1.1% 4.3% ‐ 3.2pp Capital Adequacy Ratios * >200% >200% n.m. >200% >200% n.m. *For Great Eastern’s insurance subsidiaries in Singapore and Malaysia n.m. – non meaningful 10

Thank You 11