Fall in non-underwriting income hits UOI's Q2 bottom line
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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 year ago.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
