SINGAPORE (May 12): United Overseas Insurance (UOI) reported a 67.5% plunge in 1Q2020 earnings ended March to $3.7 million from a year ago. While gross premium was largely similar, net claims surged. Gross premium increased 0.6% to $28 million with an increase seen across all classes except fire, m...

MAINBOARD-LISTED United Overseas Insurance Limited (UOI), a subsidiary of United Overseas Bank (UOB), saw its full-year earnings surge as investment dividends and interest income, as well as net gains on certain divestments, made up for a dip in underwriting profit.

UNITED Overseas Insurance (UOI) plans to buy the office property located at 146 Robinson Road, also known as Overseas Union Trust Building, from United Overseas Bank (UOB) for S$52 million, it said on Wednesday.

SINGAPORE (Dec 18): United Overseas Insurance (UOI) is acquiring an office property located at 146 Robinson Road from United Overseas Bank (UOB) for $52 million, the group reported on Wednesday.  The property is a 12-storey office building with a gross floor area (GFA) of 4,631.49 sqm, and has a l...

UNITED Overseas Insurance (UOI) plans to buy the office property located at 146 Robinson Road, also known as Overseas Union Trust Building, from United Overseas Bank (UOB) for S$52 million, it said on Wednesday.

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...