UOI records $85.7m insurance revenue in 9M2025

This is an increase of 7% compared to the same period last year.

United Overseas Insurance (UOI) achieved insurance revenue of $85.7m in the first nine months of 2025 (9M2025), up by 7% from $79.4m over the same period in 2024.

The growth was driven by the execution of its roadmap, the company said.

For net insurance service, UOI posted a financial result of $5.1m for 9M2025, down by 79.2% from $11.8m over the same period last year.

“The decrease for the period primarily reflects our planned strategic growth investment expenses, higher claims from natural catastrophe and proactive provisioning as we expand our distribution across the region,” the firm said.

It also saw its non-underwriting income increase from $10.3m to $13.7m over the same period, as the firm positioned its investment portfolio and selected dividend yielding equities.

UOI’s comprehensive income after tax increased to $40.6m as a result of its significant marked-to-market gains on equity and fixed income investments