Singapore Reinsurance Corp. Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net earned premiums of SGD 9,992,000 against SGD 9,322,000 a year ago. Net income from reinsurance operations was SGD 3,024,000 against net loss from reinsurance operations of SGD 2,097,000 a year ago. Profit before income tax was SGD 4,294,000 against loss before income tax of SGD 3,257,000 a year ago. Profit attributable to the equity holders of the company was SGD 3,853,000 or 0.64 cents per basic and diluted share against loss attributable to the equity holders of the company of SGD 2,682,000 or 0.44 cents per basic and diluted share a year ago. For the nine months, the company reported net earned premiums of SGD 29,114,000 against SGD 29,011,000 a year ago. Net income from reinsurance operations was SGD 6,381,000 against net loss from reinsurance operations of SGD 2,148,000 a year ago. Profit before income tax was SGD 9,551,000 against SGD 2,467,000 a year ago. Profit attributable to the equity holders of the company was SGD 8,544,000 or 1.41 cents per basic and diluted share against SGD 2,014,000 or 0.33 cents per basic and diluted share a year ago. Cash flows used in operating activities were SGD 1,038,000 against SGD 3,681,000 a year ago. Purchases of property, plant and equipment were SGD 252,000. Net asset value per share as on date was SGD 31.17 compared to SGD 28.25 for the same period of last year.

Singapore Reinsurance Corp. Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net earned premiums of SGD 11,388,000 against SGD 10,484,000 a year ago. Net income from reinsurance operations was SGD 1,951,000 against SGD 424,000 a year ago. Profit before income tax was SGD 3,010,000 against SGD 1,394,000 a year ago. Profit attributable to the equity holders of the company was SGD 2,716,000 against SGD 1,076,000 a year ago. For the six months, the company reported net earned premiums of SGD 19,421,000 against SGD 18,971,000 a year ago. Net income from reinsurance operations was SGD 3,357,000 against net loss from reinsurance operations of SGD 51,000 a year ago. Profit before income tax was SGD 5,257,000 against SGD 5,724,000 a year ago. Profit attributable to the equity holders of the company was SGD 4,691,000 against SGD 4,696,000 a year ago. Cash flows used in operating activities were SGD 2,793,000 against SGD 4,157,000 a year ago. Purchases of property, plant and equipment were amounted to SGD 90,000 against SGD 77,000 a year ago. Net asset value per share was SGD 30.14 as on June 30, 2009. The company reported impairment write-down on investments of SGD 623,000 for the second quarter ended June 30, 2009 against SGD 405,000 a year ago. The company declared one-tier tax exempt interim cash dividend of 0.6 cents per share, payable on September 3, 2009. The record date is August 21, 2009.

Singapore Reinsurance Corp. Ltd. announced earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported a profit attributable to equity holders of the parent of SGD 1,975,000 or 0.33 cents basic and diluted per share on revenue of SGD 15,843,000 against a profit attributable to equity holders of the parent of SGD 3,620,000 or 0.66 cents basic and diluted per share on revenue of SGD 16,889,000 for the same period a year ago. The company reported profit of SGD 2,039,000 compared to SGD 3,683,000, profit before income tax of SGD 2,247,000 compared to SGD 4,330,000 for the same period a year ago. The company reported a comprehensive income attributable to equity holders of the parent of SGD 1,068,000 and comprehensive income of SGD 1,113,000 against a comprehensive income attributable to equity holders of the parent of SGD 295,000 and comprehensive income of SGD 330,000 for the same period a year ago. Cash used in operating activities was SGD 1,021,000 compared to SGD 2,348,000 for the same period a year ago. For the quarter, the company reported impairment losses on investments of SGD 1,195,000 compared to SGD 2,605,000 for the same period a year ago.