I will be casting an eye on United Overseas Insurance this week. As usual, since I am not initiating a position on this counter, I will leave the conclusions portion out. United Overseas Insurance (SGX:U13) in a Nutshell: Insurance firm that is majority owned by United Overseas Bank. How United Overseas Insurance stacks up against Great Eastern: In terms of Return on Equity (ROE), UOI performed rather poorly against GE. As the graph indicates, GE has a better ROE in most years; in fact, the only exception is during the Great Financial Crisis year of 2010.

Source: Annual Reports of UOI and GE

Importantly, GE also does better in growing its shareholders' equity, with a CAGR of 7.37% as opposed to UOI's CAGR of 5.15%.

Source: Annual Reports of UOI and GE

In short, it is a double whammy: Great Eastern is growing faster than United Overseas Insurance ......