, Singapore
126 views
Photo by Towfiqu barbhuiya via Unsplash

UOI posts $32.3m full-year profit, hikes dividend to 26.5 cents

Insurance revenue up 2%, whilst service result falls 21%.

United Overseas Insurance Limited (UOI) recorded a profit after tax of $32.3m and a profit before tax of $31.9m for the financial year ended 31 December 2025.

Earnings per share increased to 52.81 cents from 48.74 cents in the prior year, according to the financial statement.

Performance included a tax refund from prior assessments. Insurance revenue grew 2% to $115.4m, whilst the insurance service result declined 21% to $15.8m.

Non-underwriting income rose to $16.6m from $14.4m, aided by dividend income. Total comprehensive income for the year reached $67.5m, including $35.2m in other comprehensive income from unrealised gains on equity securities and property valuations.

UOI reported total assets of $652.15m and total equity of $523.1m as at 31 December 2025. The company holds no borrowings, contingent liabilities, or loan capital, according to the financial statement.

The board of directors recommended a final dividend of 19.5 cents per share, bringing the total dividend for the year to 26.5 cents per share, up from 23 cents per share paid in 2024.

Final dividend payments are scheduled for 22 May 2026, subject to shareholder approval.

In the independent auditor’s report, Ernst & Young LLP identified the valuation of insurance contract liabilities and assets as a key audit matter.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Singapore, Sweden deepen clean-energy cooperation
The partnership will focus on hydrogen, ammonia, regional power links and high-voltage transmission technologies.

Exclusives

Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Singapore's most notable architecture professionals under 40 of 2026
The honourees span five firms, with women in the majority and a combined portfolio that includes a $960m hospital campus.