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Fall in non-underwriting income hits UOI's Q2 bottom line

Published Tue, Jul 28, 2015 · 09:50 PM

Singapore

UNITED Overseas Insurance (UOI) achieved a 12.5 per cent rise in second-quarter underwriting profit despite lower net earned premiums. But the group's net profit tumbled 47.8 per cent to S$5.09 million for the three months ended June 30, 2015, as non-underwriting income took a hit.

Annualised earnings per share for Q2 were 33.29 Singapore cents, down from 53.11 cents a …

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Companies & Markets

Companies & Markets

Fall in non-underwriting income hits UOI's Q2 bottom line

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Valuations for office Reits lag counterparts, but re-rating may face uncertainty

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