UOI U13

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Financials

UOI ANNUAL REPORT 2025

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40 tables

Company profit and loss — FY2025 source

33 metrics

Units appear below each metric. Scroll to compare years

Company profit and loss — FY2025 source from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Company profit and loss — FY2025 source
Insurance revenueSingapore dollars thousands 115,437113,508 PDF p. 83
Insurance service expenseSingapore dollars thousands (73,432)(63,966) PDF p. 83
Insurance service result before reinsurance contracts heldSingapore dollars thousands 42,00549,542 PDF p. 83
Net expenses from reinsurance contractsSingapore dollars thousands (26,218)(29,594) PDF p. 83
Insurance service resultSingapore dollars thousands 15,78719,948 PDF p. 83
Insurance finance expenses for insurance contracts issuedSingapore dollars thousands (865)(924) PDF p. 83
Reinsurance finance income for reinsurance contracts heldSingapore dollars thousands 402483 PDF p. 83
Net insurance service and financial resultSingapore dollars thousands 15,32419,507 PDF p. 83
Dividend income from investmentsSingapore dollars thousands 11,5537,277 PDF p. 83
Interest income from investmentsSingapore dollars thousands 7,1767,134 PDF p. 83
Interest on fixed deposits and bank balances from: – Holding companySingapore dollars thousands 94261 PDF p. 83 Label p. 83
– Other financial institutionsSingapore dollars thousands 1,1152,475 PDF p. 83
Rental income from investment propertySingapore dollars thousands 911694 PDF p. 83
Miscellaneous (expense)/incomeSingapore dollars thousands (17)9 PDF p. 83
Net fair value gains on mandatorily measured at fair value through profit or loss (FVTPL) investments – realisedSingapore dollars thousands 1,2321,349 PDF p. 83 Label p. 83
Net fair value gains/(losses) on mandatorily measured at FVTPL investments – unrealisedSingapore dollars thousands 3,883(478) PDF p. 83 Label p. 83
Net fair value losses on investment property - unrealisedSingapore dollars thousands (920)– PDF p. 83
Net losses on disposal of fair value through other comprehensive income (FVOCI) investmentsSingapore dollars thousands (2,451)(616) PDF p. 83 Label p. 83
Net (provision)/write-back of expected credit loss on debt securities at FVOCISingapore dollars thousands (52)57 PDF p. 83 Label p. 83
Amortisation of discount on investmentsSingapore dollars thousands 263184 PDF p. 83
Net fair value gains on financial derivatives – realisedSingapore dollars thousands 1,0521,078 PDF p. 83
Net fair value gains/(losses) on financial derivatives – unrealisedSingapore dollars thousands 3,002(7,993) PDF p. 83
Exchange (losses)/gainsSingapore dollars thousands (7,099)6,393 PDF p. 83
SubtotalSingapore dollars thousands (3,045)(522) PDF p. 83
Other management expenses:
– Management feesSingapore dollars thousands (981)(1,295) PDF p. 83
Company profit and loss — FY2025 source
– Depreciation on propertySingapore dollars thousands (283)(279) PDF p. 83
– Other operating expensesSingapore dollars thousands (1,889)(1,827) PDF p. 83
Total non-underwriting incomeSingapore dollars thousands 16,58914,423 PDF p. 83
Profit before taxSingapore dollars thousands 31,91333,930 PDF p. 83
Tax income/(expense)Singapore dollars thousands 385(4,126) PDF p. 83
Profit, net of taxSingapore dollars thousands 32,29829,804 PDF p. 83
Profit attributable to:
Equity holders of the CompanySingapore dollars thousands 32,29829,804 PDF p. 83
Earnings per share:
Basic and dilutedSingapore cents per share 52.8148.74 PDF p. 83
Definitions & sources

Original report: PDF p. 83 ↗

Company comprehensive income — FY2025 source

18 metrics

Units appear below each metric. Scroll to compare years

Company comprehensive income — FY2025 source from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Company comprehensive income — FY2025 source
Net profitSingapore dollars thousands 32,29829,804 PDF p. 84
Items that will not be reclassified to profit or loss in subsequent periods:
Net fair value gains on equity securities at FVOCISingapore dollars thousands 33,7176,404 PDF p. 84
Tax related to the aboveSingapore dollars thousands (5,160)(885) PDF p. 84
SubtotalSingapore dollars thousands 28,5575,519 PDF p. 84
Net fair value gains on propertySingapore dollars thousands 2,095– PDF p. 84
Tax related to the aboveSingapore dollars thousands (356)– PDF p. 84
SubtotalSingapore dollars thousands 1,739– PDF p. 84
Debt securities at FVOCI
Changes in fair valueSingapore dollars thousands 3,2163,854 PDF p. 84
Items that may be reclassified subsequently to profit or loss:
Transfer to profit or loss on disposalSingapore dollars thousands 2,451616 PDF p. 84
Changes in allowance for expected credit lossSingapore dollars thousands 52(57) PDF p. 84
Tax related to the aboveSingapore dollars thousands (791)(619) PDF p. 84
SubtotalSingapore dollars thousands 4,9283,794 PDF p. 84
Insurance finance (expense)/income for insurance contracts issuedSingapore dollars thousands (1)4 PDF p. 84
Reinsurance finance income for reinsurance contracts heldSingapore dollars thousands –2 PDF p. 84
Net insurance financial resultSingapore dollars thousands (1)6 PDF p. 84
Other comprehensive income for the financial year, net of taxSingapore dollars thousands 35,2239,319 PDF p. 84
Total comprehensive income for the financial year, net of taxSingapore dollars thousands 67,52139,123 PDF p. 84
Total comprehensive income attributable to equity holders of the CompanySingapore dollars thousands 67,52139,123 PDF p. 84
Definitions & sources

Original report: PDF p. 84 ↗

Company balance sheet — FY2025 source

27 metrics

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Company balance sheet — FY2025 source from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Share capital
Issued and fully paidSingapore dollars thousands 91,73391,733 PDF p. 85
Reserves
General reserveSingapore dollars thousands 22,88022,880 PDF p. 85
Company balance sheet — FY2025 source
Revaluation on investment reserveSingapore dollars thousands 64,82827,544 PDF p. 85
Revaluation surplusSingapore dollars thousands 5,5403,801 PDF p. 85
Insurance/reinsurance finance reserveSingapore dollars thousands 1314 PDF p. 85
Retained profitsSingapore dollars thousands 338,121322,770 PDF p. 85
Total equity attributable to equity holders of the CompanySingapore dollars thousands 523,115468,742 PDF p. 85
Liabilities
Non-trade creditors and accrued liabilitiesSingapore dollars thousands 11,7649,385 PDF p. 85
Lease liabilitiesSingapore dollars thousands 2424 PDF p. 85
Amount owing to related companiesSingapore dollars thousands 1682,344 PDF p. 85
Derivative financial liabilitiesSingapore dollars thousands 5742,776 PDF p. 85
Tax payableSingapore dollars thousands 11,79010,758 PDF p. 85
Deferred tax liabilitiesSingapore dollars thousands 2,5182,242 PDF p. 85
Insurance contract liabilitiesSingapore dollars thousands 100,248106,082 PDF p. 85
Reinsurance contract liabilitiesSingapore dollars thousands 1,9481,897 PDF p. 85
Total liabilitiesSingapore dollars thousands 129,034135,508 PDF p. 85
Total equity and liabilitiesSingapore dollars thousands 652,149604,250 PDF p. 85
Assets
Bank balances and fixed depositsSingapore dollars thousands 62,81899,408 PDF p. 85
Non-trade debtors and accrued interest receivablesSingapore dollars thousands 5,9487,352 PDF p. 85
Derivative financial assetsSingapore dollars thousands 935– PDF p. 85
Associated companySingapore dollars thousands 11 PDF p. 85
InvestmentsSingapore dollars thousands 478,799385,207 PDF p. 85
Investment propertySingapore dollars thousands 27,60928,530 PDF p. 85
Fixed assetsSingapore dollars thousands 39,36138,580 PDF p. 85
Right-of-use assetsSingapore dollars thousands 1919 PDF p. 85
Reinsurance contract assetsSingapore dollars thousands 36,65945,153 PDF p. 85
Total assetsSingapore dollars thousands 652,149604,250 PDF p. 85
Definitions & sources

Original report: PDF p. 85 ↗

Company changes in equity — FY2025 source / ending 2025

8 metrics

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Company changes in equity — FY2025 source / ending 2025 from UOI ANNUAL REPORT 2025
Metric / unit 2025CompanyShare capital2025CompanyGeneral reserve2025CompanyRevaluation on investment reserve2025CompanyRevaluation surplus2025CompanyInsurance/reinsurance finance reserve2025CompanyRetained profits2025CompanyTotal Source
Company changes in equity — FY2025 source
Balance at 1 January 2025Singapore dollars thousands 91,73322,88027,5443,80114322,770468,742 PDF p. 86
Profit, net of taxSingapore dollars thousands –––––32,29832,298 PDF p. 86
Other comprehensive income for the financial year, net of taxSingapore dollars thousands ––33,4851,739(1)–35,223 PDF p. 86 Label p. 86
Total comprehensive income
Total comprehensive income for the financial year, net of taxSingapore dollars thousands ––33,4851,739(1)32,29867,521 PDF p. 86 Label p. 86
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands ––3,799––(3,799)– PDF p. 86 Label p. 86
Dividend for Year 2024Singapore dollars thousands –––––(8,867)(8,867) PDF p. 86
Dividend for Year 2025Singapore dollars thousands –––––(4,281)(4,281) PDF p. 86
Balance at 31 December 2025Singapore dollars thousands 91,73322,88064,8285,54013338,121523,115 PDF p. 86 Label p. 86
Definitions & sources

Original report: PDF p. 86 ↗

Company changes in equity — FY2025 source / ending 2024

8 metrics

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Company changes in equity — FY2025 source / ending 2024 from UOI ANNUAL REPORT 2025
Metric / unit 2024CompanyShare capital2024CompanyGeneral reserve2024CompanyRevaluation on investment reserve2024CompanyRevaluation surplus2024CompanyInsurance/reinsurance finance reserve2024CompanyRetained profits2024CompanyTotal Source
Total comprehensive income
Balance at 1 January 2024Singapore dollars thousands 91,73322,88016,9163,8018307,123442,461 PDF p. 86
Profit, net of taxSingapore dollars thousands –––––29,80429,804 PDF p. 86
Other comprehensive income for the financial year, net of taxSingapore dollars thousands ––9,313–6–9,319 PDF p. 86 Label p. 86
Total comprehensive income for the financial year, net of taxSingapore dollars thousands ––9,313–629,80439,123 PDF p. 86 Label p. 86
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands ––1,315––(1,315)– PDF p. 86 Label p. 86
Dividend for Year 2023Singapore dollars thousands –––––(7,644)(7,644) PDF p. 86
Dividend for Year 2024Singapore dollars thousands –––––(5,198)(5,198) PDF p. 86
Balance at 31 December 2024Singapore dollars thousands 91,73322,88027,5443,80114322,770468,742 PDF p. 86 Label p. 86
Definitions & sources

Original report: PDF p. 86 ↗

Company cash flows — FY2025 source / page 87

22 metrics

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Company cash flows — FY2025 source / page 87 from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Cash Flows from Operating Activities
Profit before taxSingapore dollars thousands 31,91333,930 PDF p. 87
Adjustments for:
DepreciationSingapore dollars thousands 1,7551,596 PDF p. 87
Movement in reinsurance contract assetsSingapore dollars thousands 8,4944,954 PDF p. 87
Movement in reinsurance contract liabilitiesSingapore dollars thousands 51216 PDF p. 87
Movement in insurance contract liabilitiesSingapore dollars thousands (5,834)(15,484) PDF p. 87
Net fair value (gains)/losses on financial derivatives – unrealisedSingapore dollars thousands (3,002)7,993 PDF p. 87
Net fair value (gains)/losses on mandatorily measured at FVTPL investments – unrealisedSingapore dollars thousands (3,883)478 PDF p. 87 Label p. 87
Net fair value gains on mandatorily measured at FVTPL investments – realisedSingapore dollars thousands (1,232)(1,349) PDF p. 87 Label p. 87
Net losses on disposal of FVOCI investmentsSingapore dollars thousands 2,451616 PDF p. 87
Amortisation of discount on investmentsSingapore dollars thousands (263)(184) PDF p. 87
Net provision/(write-back) of expected credit loss on debt securities at FVOCISingapore dollars thousands 52(57) PDF p. 87 Label p. 87
Dividend income from investmentsSingapore dollars thousands (11,553)(7,277) PDF p. 87
Interest income from investmentsSingapore dollars thousands (7,176)(7,134) PDF p. 87
Interest on fixed deposits and bank balancesSingapore dollars thousands (1,209)(2,736) PDF p. 87
Exchange losses/(gains)Singapore dollars thousands 8,340(6,153) PDF p. 87
Operating profit before working capital changesSingapore dollars thousands 18,9049,409 PDF p. 87
Changes in working capital:
Other receivablesSingapore dollars thousands 1,404(2,722) PDF p. 87
Other payablesSingapore dollars thousands 2,3791,212 PDF p. 87
Amount owing to related companiesSingapore dollars thousands (2,176)1,465 PDF p. 87
Cash generated from operationsSingapore dollars thousands 20,5119,364 PDF p. 87
Tax paidSingapore dollars thousands (4,615)(5,065) PDF p. 87
Net cash flows from operating activitiesSingapore dollars thousands 15,8964,299 PDF p. 87
Definitions & sources

Original report: PDF p. 87 ↗

Company cash flows — FY2025 source / page 88

15 metrics

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Company cash flows — FY2025 source / page 88 from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Cash Flows (used in)/from Investing Activities
Proceeds from disposal of investmentsSingapore dollars thousands 353,160243,911 PDF p. 88
Company cash flows — FY2025 source / page 88
Proceeds from fixed assetsSingapore dollars thousands 11– PDF p. 88
Purchase of investmentsSingapore dollars thousands (411,554)(220,682) PDF p. 88
Purchase of fixed assetsSingapore dollars thousands (479)(351) PDF p. 88
(Placement in)/proceeds from long-term fixed depositsSingapore dollars thousands (4,416)1,230 PDF p. 88
Dividend received from investmentsSingapore dollars thousands 11,5537,277 PDF p. 88
Interest received from investmentsSingapore dollars thousands 6,6747,442 PDF p. 88
Interest received from fixed deposits and bank balancesSingapore dollars thousands 1,2972,743 PDF p. 88
Net cash flows (used in)/from investing activitiesSingapore dollars thousands (43,754)41,570 PDF p. 88
Cash Flows used in Financing Activity
Leases paidSingapore dollars thousands –(1) PDF p. 88
Dividend paidSingapore dollars thousands (13,148)(12,842) PDF p. 88
Net cash flows used in financing activitySingapore dollars thousands (13,148)(12,843) PDF p. 88
Net (decrease)/increase in cash and cash equivalentsSingapore dollars thousands (41,006)33,026 PDF p. 88
Cash and cash equivalents at beginning of yearSingapore dollars thousands 97,97664,950 PDF p. 88
Cash and cash equivalents at end of yearSingapore dollars thousands 56,97097,976 PDF p. 88
Definitions & sources

Original report: PDF p. 88 ↗

Company financial summary — FY2025 source

16 metrics

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Company financial summary — FY2025 source from UOI ANNUAL REPORT 2025
Metric / unit 2023Company2024Company2025Company Source
Profit for the Financial Year ($’000)
Insurance revenueSingapore dollars thousands 94,448113,508115,437 PDF p. 12
Net insurance service and financial resultSingapore dollars thousands 22,55219,50715,324 PDF p. 12
Total non-underwriting incomeSingapore dollars thousands 10,65814,42316,589 PDF p. 12
Profit before taxSingapore dollars thousands 33,21033,93031,913 PDF p. 12
Selected Balance Sheet Items as at Year-end ($’000)
Total assetsSingapore dollars thousands 587,221604,250652,149 PDF p. 12
Insurance contract liabilitiesSingapore dollars thousands 121,566106,082100,248 PDF p. 12
Net reinsurance contract assetsSingapore dollars thousands 48,42643,25634,711 PDF p. 12
Shareholders’ equity Singapore dollars thousands 442,461468,742523,115 PDF p. 12
Financial Ratios
Earnings per share – basic and diluted (cents) Singapore cents per share 47.948.752.8 PDF p. 12
Return on average shareholders’ equity (ROE) (%)percent 6.86.56.5 PDF p. 12
Return on average total assets (ROA) (%)percent 5.15.05.1 PDF p. 12
Declared Dividend Per Share (cents)
InterimSingapore cents per share 8.58.57.0 PDF p. 12
SpecialSingapore cents per share 4.06.0– PDF p. 12
FinalSingapore cents per share 8.58.519.5 PDF p. 12
TotalSingapore cents per share 21.023.026.5 PDF p. 12
Net asset value per share ($)Singapore dollars per share 7.27.78.6 PDF p. 12
Definitions & sources

Original report: PDF p. 12 ↗

Insurance revenue from SFRS(I)17 and prior gross premium measures remain distinct. Final declared dividends can remain subject to shareholder approval.

Cash flow cash basis — FY2025 source

5 metrics

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Cash flow cash basis — FY2025 source from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Cash flow cash basis — FY2025 source
Cash and bank balancesSingapore dollars thousands 16,91210,975 PDF p. 88
Fixed deposits placement less than 3 monthsSingapore dollars thousands 40,05887,001 PDF p. 88
Cash and cash equivalentsSingapore dollars thousands 56,97097,976 PDF p. 88
Fixed deposits placement more than 3 monthsSingapore dollars thousands 5,8481,432 PDF p. 88
Bank balances and fixed depositsSingapore dollars thousands 62,81899,408 PDF p. 88
Definitions & sources

Original report: PDF p. 88 ↗

Current note EPS calculation

3 metrics

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Current note EPS calculation from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Current note EPS calculation
Profit, net of taxcents per share 32,29829,804 PDF p. 151
Weighted average number of ordinary shares (‘000)ordinary shares thousands 61,15561,155 PDF p. 151
Basic and diluted earnings per share (cents)Singapore cents per share 52.8148.74 PDF p. 151
Definitions & sources

Original report: PDF p. 151 ↗

Current note dividends paid

4 metrics

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Current note dividends paid from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
(2024: 8.5 cents per share one-tier tax-exempt in respect of the
financial year 2024), in respect of the financial year 2025cents per share 4,2815,198 PDF p. 151
(2024: 4 cents per share one-tier tax-exempt in respect of the
financial year 2023), in respect of the financial year 2024cents per share 3,6692,446 PDF p. 151
(2024: 8.5 cents per share one-tier tax-exempt in respect of the
financial year 2023), in respect of the financial year 2024cents per share 5,1985,198 PDF p. 151
Subtotalcents per share 13,14812,842 PDF p. 151
Definitions & sources

Original report: PDF p. 151 ↗

Bank and fixed deposit note — cash balances

3 metrics

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Bank and fixed deposit note — cash balances from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Bank balances with:
Holding companySingapore dollars thousands 7,5296,940 PDF p. 155
Bank and fixed deposit note — cash balances
Other financial institutionsSingapore dollars thousands 9,3834,035 PDF p. 155
SubtotalSingapore dollars thousands 16,91210,975 PDF p. 155
Definitions & sources

Original report: PDF p. 155 ↗

Bank and fixed deposit note — deposits and maturities

6 metrics

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Bank and fixed deposit note — deposits and maturities from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Fixed deposits with:
Holding companySingapore dollars thousands 6251,595 PDF p. 155
Bank and fixed deposit note — deposits and maturities
Other financial institutionsSingapore dollars thousands 45,28186,838 PDF p. 155
SubtotalSingapore dollars thousands 45,90688,433 PDF p. 155
Fixed deposits with:
3 months or lessSingapore dollars thousands 40,05887,001 PDF p. 155
Bank and fixed deposit note — deposits and maturities
More than 3 monthsSingapore dollars thousands 5,8481,432 PDF p. 155
SubtotalSingapore dollars thousands 45,90688,433 PDF p. 155
Definitions & sources

Original report: PDF p. 155 ↗

Bank and fixed deposit note — total balances

1 metrics

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Bank and fixed deposit note — total balances from UOI ANNUAL REPORT 2025
Metric / unit 2025Company2024Company Source
Bank and fixed deposit note — total balances
Total bank balances and fixed deposits (Note 24)Singapore dollars thousands 62,81899,408 PDF p. 155
Definitions & sources

Original report: PDF p. 155 ↗

Proposed final dividend in FY2025 report

1 metrics

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Proposed final dividend in FY2025 report from UOI ANNUAL REPORT 2025
Metric / unit 2025Company proposed final, payable after approval and appropriated FY2026 Source
Final dividend in respect of FY2025, proposed in source; not booked as payable
proposed a final one-tier tax-exempt dividendSingapore dollars 11,925,000 PDF p. 151
Definitions & sources

Original report: PDF p. 151 ↗

Report proposes19.5c per share, amount11,925,000dollars rounded as in the source; not a FY2025 cash payment.

Company profit and loss — FY2023 source

33 metrics

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Company profit and loss — FY2023 source from UOI ANNUAL REPORT 2025
Metric / unit 2023Company2022Company / SFRS(I)17 restated Source
Company profit and loss — FY2023 source
Insurance revenueSingapore dollars thousands 94,44894,875 PDF p. 84
Insurance service expenseSingapore dollars thousands (39,303)(48,405) PDF p. 84
Insurance service result before reinsurance contracts heldSingapore dollars thousands 55,14546,470 PDF p. 84
Net expenses from reinsurance contractsSingapore dollars thousands (32,155)(22,508) PDF p. 84
Insurance service resultSingapore dollars thousands 22,99023,962 PDF p. 84
Dividend income from investmentsSingapore dollars thousands 5,8853,565 PDF p. 84
Interest income from investmentsSingapore dollars thousands 8,3778,094 PDF p. 84
Interest on fixed deposits and bank balances from: – Holding companySingapore dollars thousands 27288 PDF p. 84 Label p. 84
– Other financial institutionsSingapore dollars thousands 1,342362 PDF p. 84
Rental income from investment propertySingapore dollars thousands 647693 PDF p. 84
Miscellaneous incomeSingapore dollars thousands 4912 PDF p. 84
Net fair value losses on mandatorily measured at fair value through profit or loss (FVTPL) investments – realisedSingapore dollars thousands (866)(2,189) PDF p. 84 Label p. 84
Net fair value gains/(losses) on mandatorily measured at FVTPL investments – unrealisedSingapore dollars thousands 1,997(2,183) PDF p. 84 Label p. 84
Net fair value gains on investment property – unrealisedSingapore dollars thousands –3,221 PDF p. 84
Net losses on disposal of fair value through other comprehensive income (FVOCI) investmentsSingapore dollars thousands (122)(3,808) PDF p. 84 Label p. 84
Write-back of expected credit loss on debt securities at FVOCISingapore dollars thousands 5342 PDF p. 84
Amortisation of discount/(premium) on investmentsSingapore dollars thousands 96(434) PDF p. 84
Net fair value gains/(losses) on financial derivatives – realisedSingapore dollars thousands 3,097(9,580) PDF p. 84
Net fair value (losses)/gains on financial derivatives – unrealisedSingapore dollars thousands (2,829)7,457 PDF p. 84
Exchange lossesSingapore dollars thousands (2,990)(1,815) PDF p. 84
SubtotalSingapore dollars thousands (2,722)(3,938) PDF p. 84
Other management expenses:
– Management feesSingapore dollars thousands (1,320)(1,328) PDF p. 84
Company profit and loss — FY2023 source
– Depreciation on propertySingapore dollars thousands (279)(268) PDF p. 84
– Other operating expensesSingapore dollars thousands (2,751)(1,469) PDF p. 84
Total non-underwriting incomeSingapore dollars thousands 10,658460 PDF p. 84
Insurance finance expenses for insurance contracts issuedSingapore dollars thousands (937)(825) PDF p. 84
Reinsurance finance income for reinsurance contracts heldSingapore dollars thousands 499383 PDF p. 84
Net insurance financial resultSingapore dollars thousands 22,55223,520 PDF p. 84
Profit before taxSingapore dollars thousands 33,21023,980 PDF p. 84
Tax expenseSingapore dollars thousands (3,948)(5,046) PDF p. 84
Profit, net of taxSingapore dollars thousands 29,26218,934 PDF p. 84
Profit attributable to:
Equity holders of the CompanySingapore dollars thousands 29,26218,934 PDF p. 84
Earnings per share:
Basic and dilutedSingapore cents per share 47.8530.96 PDF p. 84
Definitions & sources

Original report: PDF p. 84 ↗

Company comprehensive income — FY2023 source

19 metrics

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Company comprehensive income — FY2023 source from UOI ANNUAL REPORT 2025
Metric / unit 2023Company2022Company / SFRS(I)17 restated Source
Company comprehensive income — FY2023 source
Net profitSingapore dollars thousands 29,26218,934 PDF p. 85
Items that will not be reclassified to profit or loss in subsequent periods:
Net fair value gains/(losses) on equity securities at FVOCISingapore dollars thousands 108(17,635) PDF p. 85
Tax related to the aboveSingapore dollars thousands 2,8732,962 PDF p. 85
SubtotalSingapore dollars thousands 2,981(14,673) PDF p. 85
Net fair value gains on propertySingapore dollars thousands –3,779 PDF p. 85
Tax related to the aboveSingapore dollars thousands –(643) PDF p. 85
SubtotalSingapore dollars thousands –3,136 PDF p. 85
Debt securities at FVOCI
Changes in fair valueSingapore dollars thousands 8,917(26,097) PDF p. 85
Items that may be reclassified subsequently to profit or loss:
Transfer to profit or loss on disposalSingapore dollars thousands 1223,808 PDF p. 85
Changes in allowance for expected credit lossSingapore dollars thousands (53)(42) PDF p. 85
Tax related to the aboveSingapore dollars thousands (3,731)3,789 PDF p. 85
SubtotalSingapore dollars thousands 5,255(18,542) PDF p. 85
Insurance finance expenses for insurance contracts issuedSingapore dollars thousands 42 PDF p. 85
Reinsurance finance income for reinsurance contracts heldSingapore dollars thousands (2)– PDF p. 85
Related income taxSingapore dollars thousands –– PDF p. 85
Net insurance financial resultSingapore dollars thousands 22 PDF p. 85
Other comprehensive income/(loss) for the financial year, net of taxSingapore dollars thousands 8,238(30,077) PDF p. 85
Total comprehensive income/(loss) for the financial year, net of taxSingapore dollars thousands 37,500(11,143) PDF p. 85
Total comprehensive income/(loss) attributable to
equity holders of the CompanySingapore dollars thousands 37,500(11,143) PDF p. 85
Definitions & sources

Original report: PDF p. 85 ↗

Company balance sheet — FY2023 source

27 metrics

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Company balance sheet — FY2023 source from UOI ANNUAL REPORT 2025
Metric / unit 2023Company2022Company / SFRS(I)17 restated2022Company / SFRS(I)17 restated January1 Source
Share capital
Issued and fully paidSingapore dollars thousands 91,73391,73391,733 PDF p. 86
Reserves
General reserveSingapore dollars thousands 22,88022,88022,880 PDF p. 86
Company balance sheet — FY2023 source
Revaluation on investment reserveSingapore dollars thousands 16,9169,99441,601 PDF p. 86
Revaluation surplusSingapore dollars thousands 3,8013,801665 PDF p. 86
Insurance/reinsurance finance reserveSingapore dollars thousands 86– PDF p. 86
Retained profitsSingapore dollars thousands 307,123289,389287,356 PDF p. 86
Total equity attributable to equity holders of the CompanySingapore dollars thousands 442,461417,803444,235 PDF p. 86
Liabilities
Non-trade creditors and accrued liabilitiesSingapore dollars thousands 8,1737,6807,887 PDF p. 86
Lease liabilitiesSingapore dollars thousands 252828 PDF p. 86
Amount owing to related companiesSingapore dollars thousands 8791,7692,058 PDF p. 86
Derivative financial liabilitiesSingapore dollars thousands –526158 PDF p. 86
Tax payableSingapore dollars thousands 11,4134,8378,686 PDF p. 86
Deferred tax liabilitiesSingapore dollars thousands 1,0233,0078,569 PDF p. 86
Insurance contract liabilitiesSingapore dollars thousands 121,566134,728137,172 PDF p. 86
Reinsurance contract liabilitiesSingapore dollars thousands 1,681564– PDF p. 86
Total liabilitiesSingapore dollars thousands 144,760153,139164,558 PDF p. 86
Total equity and liabilitiesSingapore dollars thousands 587,221570,942608,793 PDF p. 86
Assets
Bank balances and fixed depositsSingapore dollars thousands 67,61247,30340,003 PDF p. 86
Non-trade debtors and accrued interest receivablesSingapore dollars thousands 4,6304,9505,131 PDF p. 86
Derivative financial assetsSingapore dollars thousands 5,2178,572747 PDF p. 86
Associated companySingapore dollars thousands 111 PDF p. 86
InvestmentsSingapore dollars thousands 391,280379,772435,593 PDF p. 86
Investment propertySingapore dollars thousands 28,53028,53027,858 PDF p. 86
Fixed assetsSingapore dollars thousands 39,82540,60833,515 PDF p. 86
Right-of-use assetsSingapore dollars thousands 192223 PDF p. 86
Reinsurance contract assetsSingapore dollars thousands 50,10761,18465,922 PDF p. 86
Total assetsSingapore dollars thousands 587,221570,942608,793 PDF p. 86
Definitions & sources

Original report: PDF p. 86 ↗

Company changes in equity — FY2023 source / ending 2023

8 metrics

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Company changes in equity — FY2023 source / ending 2023 from UOI ANNUAL REPORT 2025
Metric / unit 2023CompanyShare capital2023CompanyGeneral reserve2023CompanyRevaluation on investment reserve2023CompanyRevaluation surplus2023CompanyInsurance/reinsurance finance reserve2023CompanyRetained profits2023CompanyTotal Source
Company changes in equity — FY2023 source
Balance at 1 January 2023Singapore dollars thousands 91,73322,8809,9943,8016289,389417,803 PDF p. 87
Profit, net of taxSingapore dollars thousands –––––29,26229,262 PDF p. 87
Other comprehensive income for the financial year, net of taxSingapore dollars thousands ––8,236–2–8,238 PDF p. 87 Label p. 87
Total comprehensive income
Total comprehensive income for the financial year, net of taxSingapore dollars thousands ––8,236–229,26237,500 PDF p. 87 Label p. 87
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands ––(1,314)––1,314– PDF p. 87 Label p. 87
Dividend for Year 2022Singapore dollars thousands –––––(7,644)(7,644) PDF p. 87
Dividend for Year 2023Singapore dollars thousands –––––(5,198)(5,198) PDF p. 87
Balance at 31 December 2023Singapore dollars thousands 91,73322,88016,9163,8018307,123442,461 PDF p. 87 Label p. 87
Definitions & sources

Original report: PDF p. 87 ↗

Company changes in equity — FY2023 source / ending 2022

10 metrics

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Company changes in equity — FY2023 source / ending 2022 from UOI ANNUAL REPORT 2025
Metric / unit 2022Company / SFRS(I)17 restatedShare capital2022Company / SFRS(I)17 restatedGeneral reserve2022Company / SFRS(I)17 restatedRevaluation on investment reserve2022Company / SFRS(I)17 restatedRevaluation surplus2022Company / SFRS(I)17 restatedInsurance/reinsurance finance reserve2022Company / SFRS(I)17 restatedRetained profits2022Company / SFRS(I)17 restatedTotal Source
Total comprehensive income
Balance at 1 January 2022 as previously reportedSingapore dollars thousands 91,73322,88041,601665–291,333448,212 PDF p. 87 Label p. 87
Impact of initial application of SFRS(I) 17Singapore dollars thousands ––––4(3,981)(3,977) PDF p. 87 Label p. 87
Restated balance at 1 January 2022Singapore dollars thousands 91,73322,88041,6016654287,352444,235 PDF p. 87 Label p. 87
Profit, net of taxSingapore dollars thousands -----18,93418,934 PDF p. 87
Other comprehensive income for the financial year, net of taxSingapore dollars thousands --(33,215)3,1362-(30,077) PDF p. 87 Label p. 87
Total comprehensive income for the financial year, net of taxSingapore dollars thousands --(33,215)3,136218,934(11,143) PDF p. 87 Label p. 87
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands --1,608--(1,608)- PDF p. 87 Label p. 87
Dividend for Year 2021Singapore dollars thousands -----(10,091)(10,091) PDF p. 87
Dividend for Year 2022Singapore dollars thousands -----(5,198)(5,198) PDF p. 87
Restated balance at 31 December 2022Singapore dollars thousands 91,73322,8809,9943,8016289,389417,803 PDF p. 87 Label p. 87
Definitions & sources

Original report: PDF p. 87 ↗

Company cash flows — FY2023 source / page 88

23 metrics

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Company cash flows — FY2023 source / page 88 from UOI ANNUAL REPORT 2025
Metric / unit 2023Company2022Company / SFRS(I)17 restated Source
Cash Flows from Operating Activities
Profit before taxSingapore dollars thousands 33,21023,980 PDF p. 88
Adjustments for:
Movement in reinsurance contract assetsSingapore dollars thousands 11,0774,738 PDF p. 88
Movement in reinsurance contract liabilitiesSingapore dollars thousands 1,117564 PDF p. 88
Movement in insurance contract liabilitiesSingapore dollars thousands (13,162)(2,444) PDF p. 88
Net fair value losses/(gains) on financial derivatives – unrealisedSingapore dollars thousands 2,829(7,457) PDF p. 88
Net fair value gains on investment property – unrealisedSingapore dollars thousands –(3,221) PDF p. 88
DepreciationSingapore dollars thousands 1,4741,222 PDF p. 88
Net fair value (gains)/losses on mandatorily measured at FVTPL investments – unrealisedSingapore dollars thousands (1,997)2,183 PDF p. 88 Label p. 88
Net fair value losses on mandatorily measured at FVTPL investments – realisedSingapore dollars thousands 8662,189 PDF p. 88 Label p. 88
Net losses on disposal of FVOCI investmentsSingapore dollars thousands 1223,808 PDF p. 88
Amortisation of (discount)/premium on investmentsSingapore dollars thousands (96)434 PDF p. 88
Write-back of expected credit loss on debt securities at FVOCISingapore dollars thousands (53)(42) PDF p. 88
Dividend income from investmentsSingapore dollars thousands (5,885)(3,565) PDF p. 88
Interest income from investmentsSingapore dollars thousands (8,377)(8,094) PDF p. 88
Interest on fixed deposits and bank balancesSingapore dollars thousands (1,614)(450) PDF p. 88
Exchange lossesSingapore dollars thousands 2,8361,829 PDF p. 88
Operating profit before working capital changesSingapore dollars thousands 22,34715,674 PDF p. 88
Changes in working capital:
Other receivablesSingapore dollars thousands 320181 PDF p. 88
Other payablesSingapore dollars thousands 493(207) PDF p. 88
Amount owing to related companiesSingapore dollars thousands (890)(289) PDF p. 88
Cash generated from operationsSingapore dollars thousands 22,27015,359 PDF p. 88
Tax paidSingapore dollars thousands (215)(8,349) PDF p. 88
Net cash flows from operating activitiesSingapore dollars thousands 22,0557,010 PDF p. 88
Definitions & sources

Original report: PDF p. 88 ↗

Company cash flows — FY2023 source / page 89

20 metrics

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Company cash flows — FY2023 source / page 89 from UOI ANNUAL REPORT 2025
Metric / unit 2023Company2022Company / SFRS(I)17 restated Source
Cash Flows from Investing Activities
Proceeds from disposal of investmentsSingapore dollars thousands 177,979346,411 PDF p. 89
Proceeds from fixed assetsSingapore dollars thousands 1– PDF p. 89
Purchase of investmentsSingapore dollars thousands (182,195)(340,646) PDF p. 89
Purchase of fixed assetsSingapore dollars thousands (689)(1,986) PDF p. 89
Proceed from/(placement in) long-term fixed depositsSingapore dollars thousands 305(1,440) PDF p. 89
Dividend received from investmentsSingapore dollars thousands 5,8853,704 PDF p. 89
Interest received from investmentsSingapore dollars thousands 8,5947,745 PDF p. 89
Interest received from fixed deposits and bank balancesSingapore dollars thousands 1,524351 PDF p. 89
Net cash flows from investing activitiesSingapore dollars thousands 11,40414,139 PDF p. 89
Cash Flows from Financing Activity
Leases paidSingapore dollars thousands (3)– PDF p. 89
Dividend paidSingapore dollars thousands (12,842)(15,289) PDF p. 89
Cash flows used in financing activitySingapore dollars thousands (12,845)(15,289) PDF p. 89
Net increase in cash and cash equivalentsSingapore dollars thousands 20,6145,860 PDF p. 89
Cash and cash equivalents at beginning of yearSingapore dollars thousands 44,33638,476 PDF p. 89
Cash and cash equivalents at end of yearSingapore dollars thousands 64,95044,336 PDF p. 89
For the purpose of the statement of cash flows, cash and cash equivalents comprise
Cash and bank balancesSingapore dollars thousands 7,93010,215 PDF p. 89
Cash Flows from Financing Activity
Fixed deposits placement less than 3 monthsSingapore dollars thousands 57,02034,121 PDF p. 89
Cash and cash equivalentsSingapore dollars thousands 64,95044,336 PDF p. 89
Fixed deposits placement more than 3 monthsSingapore dollars thousands 2,6622,967 PDF p. 89
Bank balances and fixed depositsSingapore dollars thousands 67,61247,303 PDF p. 89
Definitions & sources

Original report: PDF p. 89 ↗

Company financial summary — FY2023 source

16 metrics

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Company financial summary — FY2023 source from UOI ANNUAL REPORT 2025
Metric / unit 2022Company / SFRS(I)17 restated2023Company Source
Profit for the financial year ($’000)
Insurance revenueSingapore dollars thousands 94,87594,448 PDF p. 14
Net insurance financial resultSingapore dollars thousands 23,52022,552 PDF p. 14
Other incomeSingapore dollars thousands 46010,658 PDF p. 14
Profit before taxSingapore dollars thousands 23,98033,210 PDF p. 14
Selected balance sheet items as at year-end ($’000)
Total assetsSingapore dollars thousands 570,942587,221 PDF p. 14
Insurance contract liabilitiesSingapore dollars thousands 134,728121,566 PDF p. 14
Net reinsurance contract assetsSingapore dollars thousands 60,62048,426 PDF p. 14
Shareholders’ equitySingapore dollars thousands 417,803442,461 PDF p. 14
Financial ratios
Earnings per share – basic and diluted (cents)Singapore cents per share 31.047.9 PDF p. 14
Return on average shareholders’ equity (ROE) (%)percent 4.46.8 PDF p. 14
Return on average total assets (ROA) (%)percent 3.25.1 PDF p. 14
Declared dividend per share (cents)
InterimSingapore cents per share 8.58.5 PDF p. 14
SpecialSingapore cents per share 4.04.0 PDF p. 14
FinalSingapore cents per share 8.58.5 PDF p. 14
TotalSingapore cents per share 21.021.0 PDF p. 14
Net asset value per share ($)Singapore dollars per share 6.87.2 PDF p. 14
Definitions & sources

Original report: PDF p. 14 ↗

Insurance revenue from SFRS(I)17 and prior gross premium measures remain distinct. Final declared dividends can remain subject to shareholder approval.

Company profit and loss — FY2022 source

27 metrics

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Company profit and loss — FY2022 source from UOI ANNUAL REPORT 2025
Metric / unit 2022Company2021Company Source
Company profit and loss — FY2022 source
Insurance underwriting profitSingapore dollars thousands 21,16920,763 PDF p. 83
Other income:
Dividend income from investmentsSingapore dollars thousands 3,5653,907 PDF p. 83
Interest income from investmentsSingapore dollars thousands 8,0947,988 PDF p. 83
Interest on fixed deposits and bank balances from: – Holding companySingapore dollars thousands 88– PDF p. 83 Label p. 83
– Other financial institutionsSingapore dollars thousands 36241 PDF p. 83
Rental income from investment propertySingapore dollars thousands 693823 PDF p. 83
Losses on disposal of fixed assetsSingapore dollars thousands –(19) PDF p. 83
Miscellaneous incomeSingapore dollars thousands 12171 PDF p. 83
Net fair value losses on mandatorily measured at fair value through profit or loss (FVTPL) investments – realisedSingapore dollars thousands (2,189)– PDF p. 83 Label p. 83
Net fair value (losses)/gains on mandatorily measured at FVTPL investments – unrealisedSingapore dollars thousands (2,183)522 PDF p. 83 Label p. 83
Net fair value gains on investment property – unrealisedSingapore dollars thousands 3,2212,026 PDF p. 83
Net losses on disposal of fair value through other comprehensive income (FVOCI) investmentsSingapore dollars thousands (3,808)(904) PDF p. 83 Label p. 83
Write-back/(provision) of expected credit loss on debt securities at FVOCISingapore dollars thousands 42(9) PDF p. 83 Label p. 83
Amortisation of premium on investmentsSingapore dollars thousands (434)(929) PDF p. 83
Net fair value (losses)/gains on financial derivatives – realisedSingapore dollars thousands (9,580)206 PDF p. 83
Net fair value gains/(losses) on financial derivatives – unrealisedSingapore dollars thousands 7,457(4,960) PDF p. 83
Exchange (losses)/gainsSingapore dollars thousands (1,815)5,785 PDF p. 83
SubtotalSingapore dollars thousands (3,938)1,031 PDF p. 83
Management expenses not charged to insurance revenue account:
– Management feesSingapore dollars thousands (1,328)(1,438) PDF p. 83
Other income:
– Depreciation on building improvement and renovationSingapore dollars thousands (268)(61) PDF p. 83
– Other operating expensesSingapore dollars thousands (1,311)(1,147) PDF p. 83
Non-underwriting incomeSingapore dollars thousands 61812,002 PDF p. 83
Profit before taxSingapore dollars thousands 21,78732,765 PDF p. 83
Tax expenseSingapore dollars thousands (5,046)(6,177) PDF p. 83
Profit, net of taxSingapore dollars thousands 16,74126,588 PDF p. 83
Profit attributable to:
Equity holders of the CompanySingapore dollars thousands 16,74126,588 PDF p. 83
Earnings per share:
Basic and dilutedSingapore cents per share 27.3743.48 PDF p. 83
Definitions & sources

Original report: PDF p. 83 ↗

Company comprehensive income — FY2022 source

15 metrics

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Company comprehensive income — FY2022 source from UOI ANNUAL REPORT 2025
Metric / unit 2022Company2021Company Source
Company comprehensive income — FY2022 source
Net profitSingapore dollars thousands 16,74126,588 PDF p. 84
Items that will not be reclassified to profit or loss in subsequent periods:
Net fair value (losses)/gains on equity securities at FVOCISingapore dollars thousands (17,635)18,207 PDF p. 84
Tax related to the aboveSingapore dollars thousands 2,962(2,892) PDF p. 84
SubtotalSingapore dollars thousands (14,673)15,315 PDF p. 84
Net fair value gains on propertySingapore dollars thousands 3,779801 PDF p. 84
Tax related to the aboveSingapore dollars thousands (643)(136) PDF p. 84
SubtotalSingapore dollars thousands 3,136665 PDF p. 84
Debt securities at FVOCI
Changes in fair valueSingapore dollars thousands (26,097)(8,041) PDF p. 84
Items that may be reclassified subsequently to profit or loss:
Transfer to profit or loss on disposalSingapore dollars thousands 3,808904 PDF p. 84
Changes in allowance for expected credit lossSingapore dollars thousands (42)9 PDF p. 84
Tax related to the aboveSingapore dollars thousands 3,7891,215 PDF p. 84
SubtotalSingapore dollars thousands (18,542)(5,913) PDF p. 84
Other comprehensive (loss)/income for the financial year, net of taxSingapore dollars thousands (30,079)10,067 PDF p. 84
Total comprehensive (loss)/income for the financial year, net of taxSingapore dollars thousands (13,338)36,655 PDF p. 84
Total comprehensive (loss)/ income attributable to equity holders
Total comprehensive (loss)/ income attributable to equity holders of the CompanySingapore dollars thousands (13,338)36,655 PDF p. 84 Label p. 84
Definitions & sources

Original report: PDF p. 84 ↗

Company balance sheet — FY2022 source

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Company balance sheet — FY2022 source from UOI ANNUAL REPORT 2025
Metric / unit 2022Company2021Company Source
Share capital
Issued and fully paidSingapore dollars thousands 91,73391,733 PDF p. 86
Reserves
General reserveSingapore dollars thousands 22,88022,880 PDF p. 86
Company balance sheet — FY2022 source
Revaluation on investment reserveSingapore dollars thousands 9,99441,601 PDF p. 86
Revaluation surplusSingapore dollars thousands 3,801665 PDF p. 86
Retained profitsSingapore dollars thousands 291,177291,333 PDF p. 86
Total equity attributable to equity holders of the CompanySingapore dollars thousands 419,585448,212 PDF p. 86
Liabilities
Insurance creditorsSingapore dollars thousands 16,56912,089 PDF p. 86
Non-trade creditors and accrued liabilitiesSingapore dollars thousands 7,6797,887 PDF p. 86
Lease liabilitiesSingapore dollars thousands 2828 PDF p. 86
Amount owing to related companiesSingapore dollars thousands 1,7862,058 PDF p. 86
Derivative financial liabilitiesSingapore dollars thousands 526158 PDF p. 86
Tax payableSingapore dollars thousands 4,8378,686 PDF p. 86
Deferred tax liabilitiesSingapore dollars thousands 3,0078,569 PDF p. 86
Deferred acquisition costs – reinsurers’ shareSingapore dollars thousands 8,4118,710 PDF p. 86
Gross technical balances – Reserve for unexpired risksSingapore dollars thousands 50,58350,876 PDF p. 86 Label p. 86
– Reserve for outstanding claimsSingapore dollars thousands 106,895108,510 PDF p. 86
Total liabilitiesSingapore dollars thousands 200,321207,571 PDF p. 86
Total equity and liabilitiesSingapore dollars thousands 619,906655,783 PDF p. 86
Assets
Bank balances and fixed depositsSingapore dollars thousands 47,30340,003 PDF p. 86
Insurance debtorsSingapore dollars thousands 13,12814,990 PDF p. 86
Non-trade debtors and accrued interest receivablesSingapore dollars thousands 4,9485,131 PDF p. 86
Amount owing from related companiesSingapore dollars thousands -3 PDF p. 86
Derivative financial assetsSingapore dollars thousands 8,572747 PDF p. 86
Associated companySingapore dollars thousands 11 PDF p. 86
InvestmentsSingapore dollars thousands 379,772435,593 PDF p. 86
Investment propertySingapore dollars thousands 28,53027,858 PDF p. 86
Fixed assetsSingapore dollars thousands 40,60833,515 PDF p. 86
Right-of-use assetsSingapore dollars thousands 2223 PDF p. 86
Deferred acquisition costs – grossSingapore dollars thousands 7,6396,997 PDF p. 86
Reinsurers’ share of technical balances – Reserve for unexpired risksSingapore dollars thousands 28,07329,970 PDF p. 86 Label p. 86
– Reserve for outstanding claimsSingapore dollars thousands 61,31060,952 PDF p. 86
Total assetsSingapore dollars thousands 619,906655,783 PDF p. 86
Definitions & sources

Original report: PDF p. 86 ↗

Company insurance revenue account — FY2022 source

21 metrics

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Company insurance revenue account — FY2022 source from UOI ANNUAL REPORT 2025
Metric / unit 2022Company / Fire2022Company / General Accident2022Company / Marine2022Company / Total2021Company / Total Source
Company insurance revenue account — FY2022 source
Gross premium writtenSingapore dollars thousands 45,27351,4512,26398,98797,419 PDF p. 85
Reinsurance premium cededSingapore dollars thousands (23,359)(29,851)(719)(53,929)(55,181) PDF p. 85
Net premium writtenSingapore dollars thousands 21,91421,6001,54445,05842,238 PDF p. 85
Movement in net reserve for unexpired risksSingapore dollars thousands (558)(969)(77)(1,604)(1,345) PDF p. 85
Movement in net deferred acquisition costsSingapore dollars thousands 3934965294149 PDF p. 85
Net earned premiumSingapore dollars thousands 21,74921,1271,51944,39540,942 PDF p. 85
Less
Gross claims paidSingapore dollars thousands 10,24315,25449325,99030,947 PDF p. 85
Company insurance revenue account — FY2022 source
Reinsurance claims recoveriesSingapore dollars thousands (5,966)(7,121)(10)(13,097)(18,437) PDF p. 85
Net claims paidSingapore dollars thousands 4,2778,13348312,89312,510 PDF p. 85
Change in net outstanding claimsSingapore dollars thousands (51)(2,495)573(1,973)(721) PDF p. 85
Net claims incurredSingapore dollars thousands 4,2265,6381,05610,92011,789 PDF p. 85
Gross commissionSingapore dollars thousands 9,9348,29741618,64717,999 PDF p. 85
Reinsurance commissionSingapore dollars thousands (12,145)(9,671)(227)(22,043)(24,252) PDF p. 85
Net commissionSingapore dollars thousands (2,211)(1,374)189(3,396)(6,253) PDF p. 85
Management expenses: Staff costsSingapore dollars thousands 4,6055,23323010,0689,142 PDF p. 85 Label p. 85
DepreciationSingapore dollars thousands 436496229541,843 PDF p. 85
Foreign exchange lossesSingapore dollars thousands 1351537295153 PDF p. 85
Write-back of impairment losses on owner-occupied propertySingapore dollars thousands ––––(763) PDF p. 85 Label p. 85
Other operating expensesSingapore dollars thousands 2,0062,2791004,3854,268 PDF p. 85
Total outgoingSingapore dollars thousands 9,19712,4251,60423,22620,179 PDF p. 85
Insurance underwriting profit transferred to profit and loss accountSingapore dollars thousands 12,5528,702(85)21,16920,763 PDF p. 85 Label p. 85
Definitions & sources

Original report: PDF p. 85 ↗

Company changes in equity — FY2022 source / ending 2022

8 metrics

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Company changes in equity — FY2022 source / ending 2022 from UOI ANNUAL REPORT 2025
Metric / unit 2022CompanyShare capital2022CompanyGeneral reserve2022CompanyRevaluation on investment reserve2022CompanyRevaluation surplus2022CompanyRetained profits2022CompanyTotal Source
Company changes in equity — FY2022 source
Balance at 1 January 2022Singapore dollars thousands 91,73322,88041,601665291,333448,212 PDF p. 87
Profit net of taxSingapore dollars thousands ––––16,74116,741 PDF p. 87
Other comprehensive income for the financial year, net of taxSingapore dollars thousands ––(33,215)3,136–(30,079) PDF p. 87 Label p. 87
Total comprehensive income for
Total comprehensive income for the financial year, net of taxSingapore dollars thousands ––(33,215)3,13616,741(13,338) PDF p. 87 Label p. 87
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands ––1,608–(1,608)– PDF p. 87 Label p. 87
Dividend for Year 2021Singapore dollars thousands ––––(10,091)(10,091) PDF p. 87
Dividend for Year 2022Singapore dollars thousands ––––(5,198)(5,198) PDF p. 87
Balance at 31 December 2022Singapore dollars thousands 91,73322,8809,9943,801291,177419,585 PDF p. 87
Definitions & sources

Original report: PDF p. 87 ↗

Company changes in equity — FY2022 source / ending 2021

8 metrics

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Company changes in equity — FY2022 source / ending 2021 from UOI ANNUAL REPORT 2025
Metric / unit 2021CompanyShare capital2021CompanyGeneral reserve2021CompanyRevaluation on investment reserve2021CompanyRevaluation surplus2021CompanyRetained profits2021CompanyTotal Source
Total comprehensive income for
Balance at 1 January 2021Singapore dollars thousands 91,73322,88043,607–266,179424,399 PDF p. 87
Profit net of taxSingapore dollars thousands ––––26,58826,588 PDF p. 87
Other comprehensive income for the financial year, net of taxSingapore dollars thousands ––9,402665–10,067 PDF p. 87 Label p. 87
Total comprehensive income for the financial year, net of taxSingapore dollars thousands ––9,40266526,58836,655 PDF p. 87 Label p. 87
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands ––(11,408)–11,408– PDF p. 87 Label p. 87
Dividend for Year 2020Singapore dollars thousands ––––(7,644)(7,644) PDF p. 87
Dividend for Year 2021Singapore dollars thousands ––––(5,198)(5,198) PDF p. 87
Balance at 31 December 2021Singapore dollars thousands 91,73322,88041,601665291,333448,212 PDF p. 87
Definitions & sources

Original report: PDF p. 87 ↗

Company cash flows — FY2022 source / page 88

28 metrics

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Company cash flows — FY2022 source / page 88 from UOI ANNUAL REPORT 2025
Metric / unit 2022Company2021Company Source
Cash Flows from Operating Activities
Profit before taxSingapore dollars thousands 21,78732,765 PDF p. 88
Adjustments for:
Movement in net reserve for unexpired risksSingapore dollars thousands 1,6041,345 PDF p. 88
Movement in net deferred acquisition costsSingapore dollars thousands (941)(49) PDF p. 88
Movement in net outstanding claimsSingapore dollars thousands (1,973)(721) PDF p. 88
Net fair value (gains)/losses on financial derivatives – unrealisedSingapore dollars thousands (7,457)4,960 PDF p. 88
Write-back of impairment losses on owner-occupied propertySingapore dollars thousands –(763) PDF p. 88
Net fair value gains on investment property – unrealisedSingapore dollars thousands (3,221)(2,026) PDF p. 88
Loss on disposal of fixed assetsSingapore dollars thousands –19 PDF p. 88
DepreciationSingapore dollars thousands 1,2221,904 PDF p. 88
Interest paidSingapore dollars thousands –13 PDF p. 88
Net fair value losses/(gains) on mandatorily measured at FVTPL investments – unrealisedSingapore dollars thousands 2,183(522) PDF p. 88 Label p. 88
Net fair value losses on mandatorily measured at FVTPL investments – realisedSingapore dollars thousands 2,189– PDF p. 88 Label p. 88
Net losses on disposal of FVOCI investmentsSingapore dollars thousands 3,808904 PDF p. 88
Amortisation of premium on investmentsSingapore dollars thousands 434929 PDF p. 88
(Write-back)/provision of expected credit loss on debt securities at FVOCISingapore dollars thousands (42)9 PDF p. 88
Dividend income from investmentsSingapore dollars thousands (3,565)(3,907) PDF p. 88
Interest income from investmentsSingapore dollars thousands (8,094)(7,988) PDF p. 88
Interest on fixed deposits and bank balancesSingapore dollars thousands (450)(41) PDF p. 88
Exchange losses/(gains)Singapore dollars thousands 1,518(5,927) PDF p. 88
Operating profit before working capital changesSingapore dollars thousands 9,00220,904 PDF p. 88
Changes in working capital:
Trade and other receivablesSingapore dollars thousands 2,354(5,490) PDF p. 88
Amount owing from related companiesSingapore dollars thousands 3(3) PDF p. 88
Trade and other payablesSingapore dollars thousands 4,2722,434 PDF p. 88
Amount owing to related companiesSingapore dollars thousands (272)593 PDF p. 88
Cash generated from operationsSingapore dollars thousands 15,35918,438 PDF p. 88
Tax paidSingapore dollars thousands (8,349)(8,389) PDF p. 88
Interest paidSingapore dollars thousands –(13) PDF p. 88
Net cash flows from operating activitiesSingapore dollars thousands 7,01010,036 PDF p. 88
Definitions & sources

Original report: PDF p. 88 ↗

Company cash flows — FY2022 source / page 89

19 metrics

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Company cash flows — FY2022 source / page 89 from UOI ANNUAL REPORT 2025
Metric / unit 2022Company2021Company Source
Cash Flows from Investing Activities
Proceeds from disposal of investmentsSingapore dollars thousands 346,411316,203 PDF p. 89
Purchase of investmentsSingapore dollars thousands (340,646)(337,968) PDF p. 89
Purchase of fixed assetsSingapore dollars thousands (1,986)(6,041) PDF p. 89
(Placement in)/proceeds from long-term fixed depositsSingapore dollars thousands (1,440)927 PDF p. 89
Dividend received from investmentsSingapore dollars thousands 3,7043,864 PDF p. 89
Interest received from investmentsSingapore dollars thousands 7,7458,098 PDF p. 89
Interest received from fixed deposits and bank balancesSingapore dollars thousands 35142 PDF p. 89
Net cash flows from/(used in) investing activitiesSingapore dollars thousands 14,139(14,875) PDF p. 89
Cash Flows from Financing Activities
Leases paidSingapore dollars thousands –(1,131) PDF p. 89
Dividend paidSingapore dollars thousands (15,289)(12,842) PDF p. 89
Cash flows used in financing activitiesSingapore dollars thousands (15,289)(13,973) PDF p. 89
Net increase/(decrease) in cash and cash equivalentsSingapore dollars thousands 5,860(18,812) PDF p. 89
Cash and cash equivalents at beginning of yearSingapore dollars thousands 38,47657,288 PDF p. 89
Cash and cash equivalents at end of yearSingapore dollars thousands 44,33638,476 PDF p. 89
For the purpose of the statement of cash flows, cash and cash equivalents comprise
Cash and bank balances (Note 22 (a))Singapore dollars thousands 10,21523,694 PDF p. 89
Cash Flows from Financing Activities
Fixed deposits placement less than 3 months (Note 22 (b))Singapore dollars thousands 34,12114,782 PDF p. 89
Cash and cash equivalentsSingapore dollars thousands 44,33638,476 PDF p. 89
Fixed deposits placement more than 3 months (Note 22 (b))Singapore dollars thousands 2,9671,527 PDF p. 89
Bank balances and fixed depositsSingapore dollars thousands 47,30340,003 PDF p. 89
Definitions & sources

Original report: PDF p. 89 ↗

Company financial summary — FY2022 source

19 metrics

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Company financial summary — FY2022 source from UOI ANNUAL REPORT 2025
Metric / unit 2018Company2019Company2020Company2021Company2022Company Source
Profit for the financial year ($’000)
Gross premiumSingapore dollars thousands 103,258105,94396,85797,41998,987 PDF p. 13
Insurance underwriting profitSingapore dollars thousands 24,49524,44321,05220,76321,169 PDF p. 13
Other incomeSingapore dollars thousands 1,29321,8148,45512,002618 PDF p. 13
Profit before taxSingapore dollars thousands 25,78846,25729,50732,76521,787 PDF p. 13
Selected balance sheet items as at year-end ($’000)
Total assetsSingapore dollars thousands 610,724635,664637,882655,783619,906 PDF p. 13
Net technical balancesSingapore dollars thousands 72,74071,08967,84068,46468,095 PDF p. 13
Shareholders’ equitySingapore dollars thousands 378,374418,272424,399448,212419,585 PDF p. 13
Financial ratios
Earnings per share – basic and diluted (cents)Singapore cents per share 39.066.139.443.527.4 PDF p. 13
Return on average shareholders’ equity (ROE) (%)percent 6.310.15.76.13.9 PDF p. 13
Return on average total assets (ROA) (%)percent 3.86.53.84.12.6 PDF p. 13
Incurred loss ratio (%)¹percent 22.825.828.228.824.6 PDF p. 13
Net commissions ratio (%)²percent (13.8)(17.6)(14.2)(15.3)(7.6) PDF p. 13
Management expenses ratio (%)³percent 31.834.035.235.835.4 PDF p. 13
Underwriting profit ratio (%)percent 59.257.750.850.747.7 PDF p. 13
Declared dividend per share (cents)
InterimSingapore cents per share 8.58.58.58.58.5 PDF p. 13
SpecialSingapore cents per share 5.07.04.08.04.0 PDF p. 13
FinalSingapore cents per share 8.58.58.58.58.5 PDF p. 13
TotalSingapore cents per share 22.024.021.025.021.0 PDF p. 13
Net asset value per share ($)Singapore dollars per share 6.26.86.97.36.9 PDF p. 13
Definitions & sources

Original report: PDF p. 13 ↗

Insurance revenue from SFRS(I)17 and prior gross premium measures remain distinct. Final declared dividends can remain subject to shareholder approval.

Company profit and loss — FY2021 source

26 metrics

Units appear below each metric. Scroll to compare years

Company profit and loss — FY2021 source from UOI ANNUAL REPORT 2025
Metric / unit 2021Company2020Company Source
Company profit and loss — FY2021 source
Insurance underwriting profitSingapore dollars thousands 20,76321,052 PDF p. 72
Other income:
Dividend income from investmentsSingapore dollars thousands 3,9073,553 PDF p. 72
Interest income from investmentsSingapore dollars thousands 7,9888,896 PDF p. 72
Interest on fixed deposits and bank balances from: – Holding companySingapore dollars thousands –11 PDF p. 72 Label p. 72
– Other financial institutionsSingapore dollars thousands 41238 PDF p. 72
Rental income from investment propertySingapore dollars thousands 8231,006 PDF p. 72
Losses on disposal of fixed assetsSingapore dollars thousands (19)– PDF p. 72
Miscellaneous incomeSingapore dollars thousands 17164 PDF p. 72
Net fair value gains/(losses) on mandatorily measured at fair value through profit or loss (FVTPL) investments – unrealisedSingapore dollars thousands 522(46) PDF p. 72 Label p. 72
Net fair value gains/(losses) on investment property – unrealisedSingapore dollars thousands 2,026(1,382) PDF p. 72
Net (losses)/gains on disposal of fair value through other comprehensive income (FVOCI) investmentsSingapore dollars thousands (904)761 PDF p. 72 Label p. 72
(Provision)/write-back of expected credit loss on debt securities at FVOCISingapore dollars thousands (9)26 PDF p. 72 Label p. 72
Amortisation of premium on investmentsSingapore dollars thousands (929)(781) PDF p. 72
Net fair value gains/(losses) on financial derivatives – realisedSingapore dollars thousands 206(2,057) PDF p. 72
Net fair value (losses)/gains on financial derivatives – unrealisedSingapore dollars thousands (4,960)3,885 PDF p. 72
Exchange gains/(losses)Singapore dollars thousands 5,785(3,335) PDF p. 72
SubtotalSingapore dollars thousands 1,031(1,507) PDF p. 72
Management expenses not charged to insurance revenue account:
– Management feesSingapore dollars thousands (1,438)(1,326) PDF p. 72
Other income:
– Depreciation on building improvement and renovationSingapore dollars thousands (61)– PDF p. 72
– Other operating expensesSingapore dollars thousands (1,147)(1,058) PDF p. 72
Non-underwriting incomeSingapore dollars thousands 12,0028,455 PDF p. 72
Profit before taxSingapore dollars thousands 32,76529,507 PDF p. 72
Tax expenseSingapore dollars thousands (6,177)(5,403) PDF p. 72
Profit, net of taxSingapore dollars thousands 26,58824,104 PDF p. 72
Profit attributable to:
Equity holders of the CompanySingapore dollars thousands 26,58824,104 PDF p. 72
Earnings per share:
Basic and dilutedSingapore cents per share 43.4839.41 PDF p. 72
Definitions & sources

Original report: PDF p. 72 ↗

Company comprehensive income — FY2021 source

15 metrics

Units appear below each metric. Scroll to compare years

Company comprehensive income — FY2021 source from UOI ANNUAL REPORT 2025
Metric / unit 2021Company2020Company Source
Company comprehensive income — FY2021 source
Net profitSingapore dollars thousands 26,58824,104 PDF p. 73
Items that will not be reclassified to profit or loss in subsequent periods:
Net fair value gains/(losses) on equity securities at FVOCISingapore dollars thousands 18,207(8,321) PDF p. 73
Tax related to the aboveSingapore dollars thousands (2,892)1,284 PDF p. 73
SubtotalSingapore dollars thousands 15,315(7,037) PDF p. 73
Net fair value gains on propertySingapore dollars thousands 801– PDF p. 73
Tax related to the aboveSingapore dollars thousands (136)– PDF p. 73
SubtotalSingapore dollars thousands 665– PDF p. 73
Debt securities at FVOCI
Changes in fair valueSingapore dollars thousands (8,041)5,294 PDF p. 73
Items that may be reclassified subsequently to profit or loss:
Transfer to profit or loss on disposalSingapore dollars thousands 904(761) PDF p. 73
Changes in allowance for expected credit lossSingapore dollars thousands 9(26) PDF p. 73
Tax related to the aboveSingapore dollars thousands 1,215(770) PDF p. 73
SubtotalSingapore dollars thousands (5,913)3,737 PDF p. 73
Other comprehensive income/(loss) for the financial year, net of taxSingapore dollars thousands 10,067(3,300) PDF p. 73
Total comprehensive income for the financial year, net of taxSingapore dollars thousands 36,65520,804 PDF p. 73
Total comprehensive income attributable to equity holders of the CompanySingapore dollars thousands 36,65520,804 PDF p. 73
Definitions & sources

Original report: PDF p. 73 ↗

Company balance sheet — FY2021 source

32 metrics

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Company balance sheet — FY2021 source from UOI ANNUAL REPORT 2025
Metric / unit 2021Company2020Company Source
Share capital
Issued and fully paidSingapore dollars thousands 91,73391,733 PDF p. 75
Reserves
General reserveSingapore dollars thousands 22,88022,880 PDF p. 75
Company balance sheet — FY2021 source
Revaluation on investment reserveSingapore dollars thousands 41,60143,607 PDF p. 75
Revaluation surplusSingapore dollars thousands 665– PDF p. 75
Retained profitsSingapore dollars thousands 291,333266,179 PDF p. 75
Total equity attributable to equity holders of the CompanySingapore dollars thousands 448,212424,399 PDF p. 75
Liabilities
Insurance creditorsSingapore dollars thousands 12,08910,254 PDF p. 75
Non-trade creditors and accrued liabilitiesSingapore dollars thousands 7,8877,288 PDF p. 75
Lease liabilitiesSingapore dollars thousands 281,159 PDF p. 75
Amount owing to related companiesSingapore dollars thousands 2,0581,465 PDF p. 75
Derivative financial liabilitiesSingapore dollars thousands 1581,290 PDF p. 75
Tax payableSingapore dollars thousands 8,6868,605 PDF p. 75
Deferred tax liabilitiesSingapore dollars thousands 8,5699,049 PDF p. 75
Deferred acquisition costs – reinsurers’ shareSingapore dollars thousands 8,7108,787 PDF p. 75
Gross technical balances – Reserve for unexpired risksSingapore dollars thousands 50,87649,040 PDF p. 75 Label p. 75
– Reserve for outstanding claimsSingapore dollars thousands 108,510116,546 PDF p. 75
Total liabilitiesSingapore dollars thousands 207,571213,483 PDF p. 75
Total equity and liabilitiesSingapore dollars thousands 655,783637,882 PDF p. 75
Assets
Bank balances and fixed depositsSingapore dollars thousands 40,00359,742 PDF p. 75
Insurance debtorsSingapore dollars thousands 14,9909,913 PDF p. 75
Non-trade debtors and accrued interest receivablesSingapore dollars thousands 5,1314,786 PDF p. 75
Amount owing from related companiesSingapore dollars thousands 3– PDF p. 75
Derivative financial assetsSingapore dollars thousands 7476,839 PDF p. 75
Associated companySingapore dollars thousands 11 PDF p. 75
InvestmentsSingapore dollars thousands 435,593398,142 PDF p. 75
Investment propertySingapore dollars thousands 27,85827,591 PDF p. 75
Fixed assetsSingapore dollars thousands 33,51524,866 PDF p. 75
Right-of-use assetsSingapore dollars thousands 231,231 PDF p. 75
Deferred acquisition costs – grossSingapore dollars thousands 6,9977,025 PDF p. 75
Reinsurers’ share of technical balances – Reserve for unexpired risksSingapore dollars thousands 29,97029,479 PDF p. 75 Label p. 75
– Reserve for outstanding claimsSingapore dollars thousands 60,95268,267 PDF p. 75
Total assetsSingapore dollars thousands 655,783637,882 PDF p. 75
Definitions & sources

Original report: PDF p. 75 ↗

Company insurance revenue account — FY2021 source

21 metrics

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Company insurance revenue account — FY2021 source from UOI ANNUAL REPORT 2025
Metric / unit 2021Company / Fire2021Company / General Accident2021Company / Marine2021Company / Total2020Company / Total Source
Company insurance revenue account — FY2021 source
Gross premium writtenSingapore dollars thousands 44,93950,4512,02997,41996,857 PDF p. 74
Reinsurance premium cededSingapore dollars thousands (24,054)(30,427)(700)(55,181)(57,309) PDF p. 74
Net premium writtenSingapore dollars thousands 20,88520,0241,32942,23839,548 PDF p. 74
Movement in net reserve for unexpired risksSingapore dollars thousands (500)(688)(157)(1,345)2,648 PDF p. 74
Movement in net deferred acquisition costsSingapore dollars thousands (12)112(51)49(777) PDF p. 74
Net earned premiumSingapore dollars thousands 20,37319,4481,12140,94241,419 PDF p. 74
Less
Gross claims paidSingapore dollars thousands 8,40621,98455730,94728,146 PDF p. 74
Company insurance revenue account — FY2021 source
Reinsurance claims recoveriesSingapore dollars thousands (4,961)(13,386)(90)(18,437)(15,883) PDF p. 74
Net claims paidSingapore dollars thousands 3,4458,59846712,51012,263 PDF p. 74
Change in net outstanding claimsSingapore dollars thousands 616(1,502)165(721)(601) PDF p. 74
Net claims incurredSingapore dollars thousands 4,0617,09663211,78911,662 PDF p. 74
Gross commissionSingapore dollars thousands 9,6397,94241817,99917,959 PDF p. 74
Reinsurance commissionSingapore dollars thousands (13,247)(10,740)(265)(24,252)(23,832) PDF p. 74
Net commissionSingapore dollars thousands (3,608)(2,798)153(6,253)(5,873) PDF p. 74
Management expenses: Staff costsSingapore dollars thousands 4,2174,7351909,1427,657 PDF p. 74 Label p. 74
DepreciationSingapore dollars thousands 851954381,8431,808 PDF p. 74
Foreign exchange losses/(gains)Singapore dollars thousands 71793153(2) PDF p. 74
(Write-back)/provision of impairment losses on owner-occupied propertySingapore dollars thousands (352)(395)(16)(763)763 PDF p. 74 Label p. 74
Other operating expensesSingapore dollars thousands 1,9692,210894,2684,352 PDF p. 74
Total outgoingSingapore dollars thousands 7,20911,8811,08920,17920,367 PDF p. 74
Insurance underwriting profit transferred to profit and loss accountSingapore dollars thousands 13,1647,5673220,76321,052 PDF p. 74 Label p. 74
Definitions & sources

Original report: PDF p. 74 ↗

Company changes in equity — FY2021 source / ending 2021

8 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity — FY2021 source / ending 2021 from UOI ANNUAL REPORT 2025
Metric / unit 2021CompanyShare capital2021CompanyGeneral reserve2021CompanyRevaluation on investment reserve2021CompanyRevaluation surplus2021CompanyRetained profits2021CompanyTotal Source
Company changes in equity — FY2021 source
Balance at 1 January 2021Singapore dollars thousands 91,73322,88043,607–266,179424,399 PDF p. 76
Profit net of taxSingapore dollars thousands ––––26,58826,588 PDF p. 76
Other comprehensive income for the financial year, net of taxSingapore dollars thousands ––9,402665–10,067 PDF p. 76 Label p. 76
Total comprehensive income for the
Total comprehensive income for the financial year, net of taxSingapore dollars thousands ––9,40266526,58836,655 PDF p. 76 Label p. 76
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands ––(11,408)–11,408– PDF p. 76 Label p. 76
Dividend for Year 2020Singapore dollars thousands ––––(7,644)(7,644) PDF p. 76
Dividend for Year 2021Singapore dollars thousands ––––(5,198)(5,198) PDF p. 76
Balance at 31 December 2021Singapore dollars thousands 91,73322,88041,601665291,333448,212 PDF p. 76
Definitions & sources

Original report: PDF p. 76 ↗

Company changes in equity — FY2021 source / ending 2020

8 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity — FY2021 source / ending 2020 from UOI ANNUAL REPORT 2025
Metric / unit 2020CompanyShare capital2020CompanyGeneral reserve2020CompanyRevaluation on investment reserve2020CompanyRevaluation surplus2020CompanyRetained profits2020CompanyTotal Source
Total comprehensive income for the
Balance at 1 January 2020Singapore dollars thousands 91,73322,88047,363–256,296418,272 PDF p. 76
Profit net of taxSingapore dollars thousands ––––24,10424,104 PDF p. 76
Other comprehensive income for the financial year, net of taxSingapore dollars thousands ––(3,300)––(3,300) PDF p. 76 Label p. 76
Total comprehensive income for the financial year, net of taxSingapore dollars thousands ––(3,300)–24,10420,804 PDF p. 76 Label p. 76
Transfer of fair value reserves of equity securities at FVOCI upon disposal, net of taxSingapore dollars thousands ––(456)–456– PDF p. 76 Label p. 76
Dividend for Year 2019Singapore dollars thousands ––––(9,479)(9,479) PDF p. 76
Dividend for Year 2020Singapore dollars thousands ––––(5,198)(5,198) PDF p. 76
Balance at 31 December 2020Singapore dollars thousands 91,73322,88043,607–266,179424,399 PDF p. 76
Definitions & sources

Original report: PDF p. 76 ↗

Company cash flows — FY2021 source / page 77

27 metrics

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Company cash flows — FY2021 source / page 77 from UOI ANNUAL REPORT 2025
Metric / unit 2021Company2020Company Source
Cash Flows from Operating Activities
Profit before taxSingapore dollars thousands 32,76529,507 PDF p. 77
Adjustments for:
Movement in net reserve for unexpired risksSingapore dollars thousands 1,345(2,648) PDF p. 77
Movement in net deferred acquisition costsSingapore dollars thousands (49)777 PDF p. 77
Movement in net outstanding claimsSingapore dollars thousands (721)(601) PDF p. 77
Net fair value losses/(gains) on financial derivatives – unrealisedSingapore dollars thousands 4,960(3,885) PDF p. 77
(Write-back)/provision of impairment losses on owner-occupied propertySingapore dollars thousands (763)763 PDF p. 77
Net fair value (gains)/losses on investment property – unrealisedSingapore dollars thousands (2,026)1,382 PDF p. 77
Loss on disposal of fixed assetsSingapore dollars thousands 19– PDF p. 77
DepreciationSingapore dollars thousands 1,9041,808 PDF p. 77
Interest paidSingapore dollars thousands 1341 PDF p. 77
Net fair value (gains)/losses on mandatorily measured at FVTPL investments – unrealisedSingapore dollars thousands (522)46 PDF p. 77 Label p. 77
Net losses/(gains) on disposal of FVOCI investmentsSingapore dollars thousands 904(761) PDF p. 77
Amortisation of premium on investmentsSingapore dollars thousands 929781 PDF p. 77
Provision/(write-back) of expected credit loss on debt securities at FVOCISingapore dollars thousands 9(26) PDF p. 77 Label p. 77
Dividend income from investmentsSingapore dollars thousands (3,907)(3,553) PDF p. 77
Interest income from investmentsSingapore dollars thousands (7,988)(8,896) PDF p. 77
Interest on fixed deposits and bank balancesSingapore dollars thousands (41)(249) PDF p. 77
Exchange (gains)/lossesSingapore dollars thousands (5,927)3,268 PDF p. 77
Operating profit before working capital changesSingapore dollars thousands 20,90417,754 PDF p. 77
Changes in working capital:
Trade and other receivablesSingapore dollars thousands (5,490)10,693 PDF p. 77
Amount owing from related companiesSingapore dollars thousands (3)– PDF p. 77
Trade and other payablesSingapore dollars thousands 2,434205 PDF p. 77
Amount owing to related companiesSingapore dollars thousands 593825 PDF p. 77
Cash generated from operationsSingapore dollars thousands 18,43829,477 PDF p. 77
Tax paidSingapore dollars thousands (8,389)(4,454) PDF p. 77
Interest paidSingapore dollars thousands (13)(41) PDF p. 77
Net cash flows from operating activitiesSingapore dollars thousands 10,03624,982 PDF p. 77
Definitions & sources

Original report: PDF p. 77 ↗

Company cash flows — FY2021 source / page 78

21 metrics

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Company cash flows — FY2021 source / page 78 from UOI ANNUAL REPORT 2025
Metric / unit 2021Company2020Company Source
Cash Flows from Investing Activities
Proceeds from disposal of investmentsSingapore dollars thousands 316,203231,342 PDF p. 78
Purchase of investmentsSingapore dollars thousands (337,968)(232,439) PDF p. 78
Purchase of investment propertySingapore dollars thousands –(28,973) PDF p. 78
Purchase of owner-occupied propertySingapore dollars thousands –(24,582) PDF p. 78
Purchase of fixed assetsSingapore dollars thousands (6,041)(705) PDF p. 78
Proceeds from/(placement in) long-term fixed depositsSingapore dollars thousands 927(21) PDF p. 78
Dividend received from investmentsSingapore dollars thousands 3,8643,558 PDF p. 78
Interest received from investmentsSingapore dollars thousands 8,0989,175 PDF p. 78
Interest received from fixed deposits and bank balancesSingapore dollars thousands 42305 PDF p. 78
Net cash flows used in investing activitiesSingapore dollars thousands (14,875)(42,340) PDF p. 78
Cash Flows from Financing Activity
Leases paidSingapore dollars thousands (1,131)(1,209) PDF p. 78
Dividend paidSingapore dollars thousands (12,842)(14,677) PDF p. 78
Cash flows used in financing activitySingapore dollars thousands (13,973)(15,886) PDF p. 78
Net decrease in cash and cash equivalentsSingapore dollars thousands (18,812)(33,244) PDF p. 78
Cash and cash equivalents at beginning of yearSingapore dollars thousands 57,28890,532 PDF p. 78
Cash and cash equivalents at end of yearSingapore dollars thousands 38,47657,288 PDF p. 78
For the purpose of the statement of cash flows, cash and cash equivalents comprise the
Cash and bank balances (Note 22 (a))Singapore dollars thousands 23,69432,269 PDF p. 78
Cash Flows from Financing Activity
Fixed deposits placement less than 3 months (Note 22 (b))Singapore dollars thousands 14,78225,019 PDF p. 78
Cash and cash equivalentsSingapore dollars thousands 38,47657,288 PDF p. 78
Fixed deposits placement more than 3 months (Note 22 (b))Singapore dollars thousands 1,5272,454 PDF p. 78
Bank balances and fixed depositsSingapore dollars thousands 40,00359,742 PDF p. 78
Definitions & sources

Original report: PDF p. 78 ↗

Where the money comes from

Segment information

By business

Segment information by fund (SIF/OIF/SHF) - For Year 16 lines
Segment information by fund (SIF/OIF/SHF) - For Year
Item / unit 2025SIF (Singapore Insurance Fund)2025OIF (Offshore Insurance Fund)2025SHF (Shareholders' Fund)2025Total2024SIF (Singapore Insurance Fund)2024OIF (Offshore Insurance Fund)2024SHF (Shareholders' Fund)2024Total Source
For Year
Insurance revenue$'000 86,10229,335–115,43782,75630,752–113,508 PDF p. 164PDF p. 165
Insurance service expense$'000 (47,732)(25,700)–(73,432)(42,152)(21,814)–(63,966) PDF p. 164PDF p. 165
Net expenses from reinsurance contracts$'000 (25,129)(1,089)–(26,218)(23,033)(6,561)–(29,594) PDF p. 164PDF p. 165
Insurance service result$'000 13,2412,546–15,78717,5712,377–19,948 PDF p. 164PDF p. 165
Net insurance service and financial result$'000 12,8782,446–15,32417,2272,280–19,507 PDF p. 164PDF p. 165
Dividend income from investments$'000 2,9786367,93911,5533,0636193,5957,277 PDF p. 164PDF p. 165
Interest income from investments$'000 4,0356822,4597,1764,0396932,4027,134 PDF p. 164PDF p. 165
Total non-underwriting income$'000 7,0681,4968,02516,5897,5041,6705,24914,423 PDF p. 164PDF p. 165
Profit before tax$'000 19,9463,9428,02531,91324,7313,9505,24933,930 PDF p. 164PDF p. 165
Tax (income)/expense$'000 (1,588)(170)2,143385 PDF p. 164
Profit after tax$'000 18,3583,77210,16832,29821,7032,9795,12229,804 PDF p. 164PDF p. 165
Segment total assets as at 31 December 2025$'000 292,27561,212298,662652,149 PDF p. 164
Segment total liabilities as at 31 December 2025$'000 105,46615,6507,918129,034 PDF p. 164
Tax expense$'000 (3,028)(971)(127)(4,126) PDF p. 165
Segment total assets as at 31 December 2024$'000 279,68956,600267,961604,250 PDF p. 165
Segment total liabilities as at 31 December 2024$'000 111,67717,0286,803135,508 PDF p. 165
Notes

Segments are fund accounts under the Singapore Insurance Act 1966: SIF for Singapore policies, OIF for offshore policies, SHF for investment activities of non-insurance funds.

Only main lines extracted; minor investment-gain/expense lines also printed on the page.

By geography

Geographical Information - revenue from external customers and non-current assets 4 lines
Geographical Information - revenue from external customers and non-current assets
Item / unit 2025Revenue2024Revenue2025Non-current assets as at 20252024Non-current assets as at 2024 Source
Geographical Information
Singapore$'000 95,53292,52239,38038,599 PDF p. 166
ASEAN countries$'000 11,91913,313–– PDF p. 166
Others$'000 7,9867,673–– PDF p. 166
Total$'000 115,437113,50839,38038,599 PDF p. 166
Notes

The Company's non-current assets presented above consist of fixed assets (including property for its own occupancy) and right-of-use assets.

Total row has no printed label.

Debt

Borrowings

Maturity profile 2025 - lease liabilities (Company)

Maturity profile 2025 - lease liabilities (Company)
Item / unit 2025<3 months, Company20253 – 12 months, Company2025> 1 year, Company2025Total, Company2025Carrying Amount, Company Source
Liquidity risk maturity profile
Lease liabilities$'000 24––2424 PDF p. 171
Notes

Undiscounted contractual obligations. The Company has no borrowings, contingent liabilities and loan capital as at 31 December 2025 (page 152).

Maturity profile 2024 - lease liabilities (Company)

Maturity profile 2024 - lease liabilities (Company)
Item / unit 2024<3 months, Company20243 – 12 months, Company2024> 1 year, Company2024Total, Company2024Carrying Amount, Company Source
Liquidity risk maturity profile
Lease liabilities$'000 231–2424 PDF p. 172
Notes

Undiscounted contractual obligations.

Payout

Dividends & distributions

Dividends declared and proposed

ItemValuePeriod / scopeSource
Interim 7.0 cents per share FY2025 declared PDF p. 12
Special – cents per share FY2025 declared PDF p. 12
Final 19.5 cents per share FY2025 proposed PDF p. 12
Total 26.5 cents per share FY2025 PDF p. 12
Interim 8.5 cents per share FY2024 comparative PDF p. 12
Special 6.0 cents per share FY2024 comparative PDF p. 12
Final 8.5 cents per share FY2024 comparative PDF p. 12
Total 23.0 cents per share FY2024 comparative PDF p. 12

Extracted from UOI ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

Auditor’s report

Audit & risk signals

Audit opinion

ItemValuePeriod / scopeSource
Auditor Ernst & Young LLP Company PDF p. 82
Engagement partner Du Xiaolin Company PDF p. 82
Opinion In our opinion, the accompanying financial statements of the Company are properly drawn up in accordance with the provisions of the Companies Act, 1967 (the Act) and Singapore Financial Reporting Standards (International) (SFRS(I)) so as to give a true and fair view Company PDF p. 79

Key audit matters

ItemValuePeriod / scopeSource
Valuation of Insurance Contract Liabilities and Assets Accordingly, we have identified this area as a key audit matter. Company PDF p. 79

Extracted from UOI ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

How to read these figures

Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.

Comparative figures follow UOI ANNUAL REPORT 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

Company standalone statements, not a consolidated Group. Singapore dollars thousands except earnings per share in Singapore cents. Insurance revenue accounts in FY2021/FY2022 show Fire, General Accident and Marine classes plus Company totals; class columns are not separate companies.

SFRS(I)17 insurance contracts applied from FY2023 with FY2022 and January1,2022 restated comparisons. Earlier original FY2021/FY2022 statements follow the previous insurance accounting basis and remain separate.

FY2025 financial summary containsFY2023–2025; FY2023 summary provides restatedFY2022; FY2022 five-year original summary coversFY2018–2022 under prior insurance accounting. Gross premium and insurance revenue are distinct measures. Original percentages, cents/dollar per-share units and final dividend approval status are retained.

FY2025 declared dividends26.5c comprise7.0c interim paid and19.5c final proposed in the source. Proposed final11.925million was not booked as payable and would be appropriated inFY2026 after approval. ActualFY2025 cash dividends13.148million include FY2024 special/final payments; report-year and payment-year totals are distinct.

Weighted average ordinary shares61155thousand; per-share earnings52.81c/48.74c. Current cash and cash equivalents56.970million plus deposits longer than3months5.848million=bank/deposit balances62.818million. Company has no borrowings, contingent liabilities or loan capital per Note17; lease liabilities remain separately recorded.

Summary FY2023 EPS47.9c rounds the printed primaryEPS47.85c to one decimal. Directly rounding the already-rounded profit in SGDthousands to one decimal may differ; both source precisions remain intact.

SFRS(I)17 adoption: openingFY2022 equity448.212million−3.977million=444.235million. Restated2022 profit18.934million versus original16.741million (+2.193million), OCI increases0.002million; closing equity417.803million versus original419.585million (−1.782million). Asset/liability changes reconcile to the same equity difference.

These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.