United Overseas Insurance Limited · SGX:U13

United Overseas Insurance — Shareholder Meeting (June 2020)

14 slides from United Overseas Insurance's shareholder meeting presentation, Jun 12, 2020

  1. Slide 1: Managing Director's Message

    Managing Director’s Message At the 49th Annual General Meeting of Members of United Overseas Insurance Limited 12 June 2020 Private & Confidential Disclaimer: This material that follows is a presentation of general background information about the Company’s activities cur rent at the date of the pre

  2. Slide 2: Presentation

    Presentation 1. 2019 Business Performance • Financial Highlights • Accolades in 2019 2. Operational Resilience Amidst COVID-19 Pandemic • Our Financial Strength • Supportive Measures for Stakeholders 3. Business Outlook • Prospects for the next 12 months 2

  3. Slide 3: 2019 Financial Highlights

    Ht UOI 2019 Financial Highlights

  4. Slide 4: 2019 Financial Highlights: Profit Before Tax

    2019 Financial Highlights  Profit Before Tax $46.26 million + 79.4% UW Profit 53% Inv. Inc. 47% 4

  5. Slide 5: Shareholders' Equity / Return on Average Shareholders' Equity

    2019 Financial Highlights  Shareholders’ Equity/Return on Average Shareholders’ Equity Return on Average Shareholders’ Equity 10.1% + 3.8% pt Shareholders’ Equity $418.27 million + 10.5% 5

  6. Slide 6: Dividends Per Share

    2019 Financial Highlights  Dividends Per Share 24¢ per share + 9.1% 6

  7. Slide 7: Accolades 2019

    • Accolades 2019 Upholding Strong Corporate Governance and Enhancing Shareholder Value 7

  8. Slide 8: Operational Resilience Amidst COVID-19 Pandemic

    Operational Resilience Amidst COVID-19 Pandemic • Our Financial Strength • Supportive Measures For Stakeholders 8

  9. Slide 9: Our Financial Strength

    Our Financial Strength AM BEST Credit Assessment UOI’s Credit Rating is Amongst the Strongest in the region  Financial strength rating of “A+” (Superior) and issuer credit rating of “aa-” (Very Strong).  Ratings reflect UOI’s balance sheet strength, strong operating performance and appropriate ent

  10. Slide 10: Covid-19 Supportive Measures for Employees

    Covid-19 Supportive Measures for Employees SAFE WORKPLACE JOB SECURITY Alternative Work Arrangements Full Employee Benefits Employee Safe and Clean Environment Welfare OPERATIONAL RESILIENCE Managing Company’s Resources 10

  11. Slide 11: Covid-19 Supportive Measures for Other Stakeholders

    Covid-19 Supportive Measures for Other Stakeholders Customers Online Customer Service COVID-19 coverage where applicable Flexible Premium Plans Intermediaries Full sales and service support Special credit arrangements Tenants Property tax rebates Deferment of rent 11

  12. Slide 12: Business Outlook

    Ht UOL JOB GRO Business Outlook 12

  13. Slide 13: Prospects for the next 12 months

    Prospects for the next 12 months Insurance Operation  Premium growth will be challenging.  Claims expected to increase. Investment Operation  Investment markets will continue to be volatile.  Investment strategies will be calibrated to minimize volatility. 13

  14. Slide 14: Looking Ahead – 2021

    Looking Ahead – 2021 50 Golden Years in Operation Sustainable Growth in Net Profit Moving into a modern progressive office premises 2021 Golden Jubilee Year Ongoing Digital and Business Transformation 14

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