Brief: United Overseas Insurance Says Q2 Net Earned Premium S$9.0 Million Vs S$9.6 Million

United Overseas Insurance

23/07/2020 16:34

July 23 (Reuters) - United Overseas Insurance Ltd  UOIS.SI :
    * Q2 NET EARNED PREMIUM S$9.0 MILLION VERSUS S$9.6 MILLION
    * QTRLY PROFIT ATTRIBUTABLE S$4.9 MILLION  VERSUS S$8.4
MILLION
    * AS COVID-19 PANDEMIC CONTINUES, LIKELY TO BE FURTHER
REDUCTIONS
IN GROSS PREMIUM WRITTEN
    * DECLARE AN INTERIM DIVIDEND OF 8.5 CPS
    * FOR NEXT 12 MONTHS, UNDERWRITING PROFIT WHILST STILL
ACHIEVABLE
IS EXPECTED TO BE MUCH LOWER

Source text for Eikon:  urn:newsml:reuters.com:*:nSN4ktyMT
Further company coverage:  UOIS.SI 

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