Link: https://links.sgx.com/1.0.0/corporate-announcements/LSY0FBYA8UCK01U0/3f62a9215305e730474386c8022430981fba6e4ea2de7e75cffe8880f5ac41cb

Summary:

• Q3 net income jumped 28% year-on-year to $387.8 million; nine-month net income climbed to $895.2 million.

• Total Q3 revenues grew 4% year-on-year to $1.51 billion, led by higher life and health insurance premiums totalling $1.23 billion and $386.5 million, respectively.

• Net investment income for nine months held steady at $848.8 million, while realized losses narrowed compared to last year.

• Benefit payouts and operating expenses rose but were offset by policyholder remeasurement gains and disciplined amortisation of deferred acquisition costs.

• Assets reached $30.53 billion as of September 30, 2025, up from $29.08 billion at year-end 2024.

• Shareholders’ equity increased to $5.69 billion, following strong retained earnings and expanded investment portfolio.

• Continued improvement in core profitability reflects strong premium growth and prudent capital management; no major contingencies reported.