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← CockpitCompetitor Analysis › U13.SI United Overseas Insurance LimitedOpen in the cockpit ↗

United Overseas Insurance LimitedU13.SICompetitor analysis, valuation and peers

Singapore · SGD·Financials›Multi-Line Insurance
Momentum leader 93
Mkt cap
$403M
US dollars, full cap
Free float
27%
of shares outstanding
$/day
$31,084
20-day average traded
P/B
0.98×
price to book
ROE
7.0%
delivered
Implied ROE
3.6%
what the price asks
Close · SGDS$8.48
1D+2.9%
1W+2.8%
1M-0.2%
3M+1.6%
6M+7.9%
YTD+10.3%
1Y+10.0%
ATR %0.9%
52w lowhigh4.0% off high

What United Overseas Insurance does

Employees: 133

United Overseas Insurance at a glance

Size United Overseas Insurance (U13.SI) is a Singapore Financials company (Multi-Line Insurance) with a market value of $403M, the 119th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$8.48 on 6 Nov 2026.

Performance Over six months the shares gained 7.9%, against +4.4% for the median peer and -1.2% for the Singapore market (cap-weighted) — 7th highest of 14 in its peer set.

Growth Revenue fell 7.8% over the last twelve months (peer median +10.3%); the operating margin is 25.5% (peer median 9.0%).

Valuation It trades at 0.98× book value against a peer median of 1.26× (5th cheapest of 14).

Price implies The share price implies a return on equity of about 3.6%; United Overseas Insurance delivers 7.0%, so the price asks less than the business earns today.

Relative performance

10010511011 May 202611 Aug 20266 Nov 2026U13.SI 109Peer median 105
Six months, rebased to 100: United Overseas Insurance against the median of its 13 peers (local-currency closes).

United Overseas Insurance financials

Reported figures in SGD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueS$128MS$135MS$132MS$112MS$90.8M
Revenue growth—+3%+18%+23%—
Net incomeS$34.8MS$32.3MS$29.8MS$29.3MS$18.9M
Free cash flowS$31.6MS$34.9MS$21.4MS$37.4MS$16.8M
Capital expenditureS$1.44MS$479,000S$351,000S$689,000S$1.99M
Total debtn/aS$24,000S$24,000S$25,000S$28,000

Quarterly statements and history in the cockpit →

United Overseas Insurance competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-25%0%+25%AIFU7326NODK0662DGICARELIGARECSNBOW2851TRUPU13.SI6-month return →1-month return →
Up and to the right = strong over both horizons. United Overseas Insurance is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%00×20×40×AIFU7326NODK0662DGICARELIGARECSNBOW2851WUWLDATRUPU13.SIReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. United Overseas Insurance is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%-50%0%-100%-50%0%AIFU7326NODKCSN2851LDATRUPU13.SIROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. United Overseas Insurance is the large dot.

United Overseas Insurance competitors and peer comparison

How United Overseas Insurance compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

United Overseas Insurance against its 13 peers (data as of 6 Nov 2026)
MeasureU13.SIPeer medianRank in peer set
1-month return-0.2%+1.0%5th lowest of 14
6-month return+7.9%+4.4%7th highest of 14
Return on equity7.0%6.5%7th highest of 14
Price / book0.98×1.26×5th cheapest of 14
Trailing P/E14.9×15.3×7th cheapest of 13
ROE the price implies3.6%7.2%least demanding of 14
ROE delivered7.0%8.3%7th highest of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
United Overseas Insurance U13.SISingapore$403M+8%-8%7%0.98×3.6%7.0%
AIFU AIFUUnited States$390M-76%-47%-113%0.30×4.9%-113.4%
SBI Insurance 7326.TJapan$325M-3%+21%7%1.02×8.6%6.5%
NI Holdings, Inc. NODKUnited States$313M+20%-14%3%1.26×7.2%3.2%
Asia Financial 0662.HKHong Kong$521M-6%+6%10%0.30×3.7%10.2%
Donegal DGICAUnited States$723M+9%-3%11%1.07×6.6%10.7%
Sagicor Financial SFC.TOCanada$792M-14%-4%12%0.75×4.6%11.6%
Religare Enterprises RELIGARE.NSIndia$845M+4%+18%3%2.67×23.7%n/a
Chesnara CSN.LUnited Kingdom$1.08B+11%+192%0%2.14×15.7%0.3%
Bowhead Specialty BOWUnited States$1.12B+26%+24%14%2.48×11.3%13.6%
Central Reinsurance 2851.TWTaiwan$1.12B+52%+21%37%1.41×5.1%37.4%
Wuestenrot & Wuerttembergische WUW.DEGermany$1.39B-6%+4%3%0.25×3.6%2.7%
Linea Directa Aseguradora LDA.MCSpain$1.48B+3%+10%23%3.07×11.7%23.3%
Trupanion TRUPUnited States$1.61B+49%+12%6%3.94×35.3%6.1%

Questions

Which companies are United Overseas Insurance's closest peers?
The cockpit's peer set: AIFU (AIFU), SBI Insurance (7326.T), NI Holdings, Inc. (NODK), Asia Financial (0662.HK), Donegal (DGICA), Sagicor Financial (SFC.TO), Religare Enterprises (RELIGARE.NS), Chesnara (CSN.L).
Is United Overseas Insurance expensive compared with its peers?
On price / book it trades at 0.98× against a peer median of 1.26×, 5th cheapest of 14 in its peer set. The share price implies a return on equity of about 3.6%; United Overseas Insurance delivers 7.0%, so the price asks less than the business earns today.
How has United Overseas Insurance stock performed?
Over six months to 6 Nov 2026 the shares returned +7.9% against +4.4% for the median peer; over one year +10.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.