SINGAPORE (July 30): United Overseas Insurance reported a 21.2% rise in 2Q earnings ended June to $8.4 million from a year ago. This brings 1H19 earnings to $19.8 million, 73.4% higher than a year ago, In 2Q19, gross premium increased 3.6% to $30.6 million. Net earned premium fell 6.6% to $9.6 mill...

SINGAPORE (Apr 18): United Overseas Insurance (UOI), the insurance arm of United Overseas Bank (UOB), reported 1Q19 earnings increased 153% to $11.4 million, compared to $4.5 million in 1Q18. Gross premium written saw a 2.5% increase to $27.9 million from $27.2 million a year ago, mainly due to an ...

SINGAPORE (Feb 12): United Overseas Insurance reported a 27.7% drop in FY18 earnings to $23.8 million from $32.9 million a year ago. Gross premium decreased 0.5% to $103.3 million due mainly to market-wide erosion of premium rates and the company's risk control efforts to weed out unprofitable busi...