Corporate digest

United Overseas Insurance

UNITED Overseas Insurance, the general insurance arm of UOB, saw net profit go up 10.3 per cent to S$26.6 million for the full-year ended Dec 31, 2021.

This was buoyed by an increase in non-underwriting income, which grew 42 per cent to S$12 million, as compared to S$8.5 million in the corresponding period last year, due to unrealised gains from revaluation of investment property, UOI said in a bourse filing on Wednesday (Feb 9).