A.M. Best Affirms Credit Ratings of United Overseas Insurance Limited

SINGAPORE–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of United Overseas Insurance Limited (UOI) (Singapore). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect UOI’s excellent earnings track record, favorable business profile and strong risk-adjusted capitalization. As a subsidiary of United Overseas Bank Limited (UOB) group, Singapore’s third-largest bank by asset value, UOI m