UOI

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(01-01-2015, 03:26 AM)nervesofsteel Wrote: Pls correct me if im wrong, if we exclude the one time adjustments for adjustment in unearned premium reserves (UPR) in 2013, underwriting margins seems to have fallen quite a fair bit in 9m14 (14%) compared to 9m13 (19%) , 9m12 (17%).

Is this due to intense competition?

Insurance rates worldwide have been under immense pressure due to competition. And a big dog has just entered Singapore to make it worse - Berkshire Hathaway. Their insurer license just got approved on early December, and they poached many high level ex-AIG Asia executives over in their push into this region.

UOI's expense ratio is finally positive, end of a long run.
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Messages In This Thread
UOI - by valuehunter - 07-01-2011, 07:16 PM
RE: UOI - by johnseah3270 - 13-01-2011, 02:05 AM
RE: UOI - by nervesofsteel - 01-01-2015, 03:26 AM
RE: UOI - by SpeedingBullet - 01-01-2015, 03:28 PM
RE: UOI - by cyclone - 28-12-2015, 07:16 PM
RE: UOI - by cyclone - 18-12-2019, 09:40 PM

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