Brief: United Overseas Insurance Says Premium Growth For Year Will Be Challenging

United Overseas Insurance

11/06/2020 17:07

June 11 (Reuters) - United Overseas Insurance Ltd  UOIS.SI :
    * PREMIUM GROWTH FOR YEAR WILL BE CHALLENGING
    * ON INSURANCE OPERATIONS, IN 1Q, SOME TRAVEL CLAIMS LODGED
BUT
NOT SEEN TO HAVE SIGNIFICANT IMPACT ON UNDERWRITING RESULT IN
FY20
    * TRAVEL CLAIMS IN INSURANCE OPERATIONS IN Q1 WERE RELATED
TO
COVID-19'S IMPACT
    * ON TRAVEL CLAIMS AS A RESULT OF COVID-19, SAYS CLAIMS
EXPERIENCE
IS EXPECTED TO WORSEN

Source text for Eikon:  ID:nSNZb0gXM9 
Further company coverage:  UOIS.SI 

 ((Reuters.Briefs@thomsonreuters.com;))