United Overseas Insurance Ltd 2023 AR2
The report highlights United Overseas Insurance Limited's (UOI) financial and sustainability performance for the year 2023. The company achieved a net profit before tax of $33.2 million, representing a 38% increase from the previous year. UOI successfully transitioned to the new SFRS(I) 17 accounting standard and was awarded the Best Risk Management Award (Silver) at the Singapore Corporate Awards. On the sustainability front, the company enhanced its digital capabilities, reduced paper consumption by 12%, and integrated ESG evaluations into its investment processes through its fund manager, UOB Asset Management.
Company: United Overseas Insurance Ltd
Sector: Financials
Country: Singapore
Year: 2023
Type: AR2
Pages: 176
United Overseas Insurance Ltd
Annual Report
The report highlights United Overseas Insurance Limited's (UOI) financial and sustainability performance for the year 2023. The company achieved a net profit before tax of $33.2 million, representing a 38% increase from the previous year. UOI successfully transitioned to the new SFRS(I) 17 accounting standard and was awarded the Best Risk Management Award (Silver) at the Singapore Corporate Awards. On the sustainability front, the company enhanced its digital capabilities, reduced paper consumption by 12%, and integrated ESG evaluations into its investment processes through its fund manager, UOB Asset Management.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 28, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Energy Consumption
Total Waste
Women on Board
Women in Management
Employees