Insurance Premiums Benefit Global GDP

LONDON, August 24, 2010 - Long-term structural changes to commerce in the global economy may well
have altered some characteristics of the insurance industry. But the sector
has a constant in monetising risk and providing risk sharing mechanisms,
enabling individuals and businesses to safely build and hold assets. And as
with many other mature industries, growth opportunities for the insurance
sector are trending towards developing economies.

World Finance's 2010 Insurance Award winners should be congratulated for
their achievement in what has been a difficult period.

    Insurance Company of the Year - 2010

    Argentina
    Mapfre

    Austria
    Uniqa Sach

    Belgium
    AXA

    Brazil
    Bradesco

    Bulgaria
    Allianz Bulgaria

    Canada
    Intact

    Caribbean
    Guardian Life of the Caribbean Ltd

    Chile
    ING Seguros de Vida

    Colombia
    Seguros Bolivar

    Croatia
    Croatia Osiguranje

    Czech Republic
    Ceska Pojistovna

    Denmark
    Codan Forsikring

    Estonia
    SwedBank

    Finland
    Tapiola

    France
    AXA

    Germany
    Allianz

    Greece
    INTERAMERICAN GROUP

    Hong Kong
    HSBC Insurance

    Hungary
    Groupama Garancia

    India
    Bajaj Allianz

    Indonesia
    PT Asuransi Jiwasraya (Persero)

    Italy
    Poste Vita S.p.A.

    Kazakhstan
    Kazkommerts JSC

    Latvia
    BTA

    Lithuania
    Lietuvos Draudimas

    Luxembourg
    Foyer Group

    Malaysia
    Great Eastern Life Assurance

    Mexico
    Seguros BBVA Bancomer

    Middle East
    ADNIC - The Reliable Insurer

    Netherlands
    Nationale Nederlanden

    Nigeria
    Nicon Insurance Plc.

    Norway
    KLP

    Pakistan
    Adamjee

    Peru
    Rimac Seguros

    Philippines
    AXA Philippines

    Poland
    Warta

    Portugal
    Caixa Seguros

    Romania
    Omniasig

    Russia
    Rosno

    Serbia
    Dunav

    Singapore
    NTUC Income

    Slovakia
    Allianz Slovenska

    Slovenia
    Triglav

    South Africa
    Momentum Group

    Spain
    Mapfre

    Sri Lanka
    Sri Lanka Insurance

    Sweden
    SEB Trygg Liv

    Switzerland
    Zurich

    Taiwan
    Cathay Life Insurance Co. Ltd.

    Thailand
    Thai Life Insurance Co., Ltd.

    Turkey
    AXA SIGORTA

    Ukraine
    Oranta

    United Kingdom
    Chartis

    USA
    Chubb Corporation

    Venezuela
    Seguros Caracas

    Vietnam
    PetroVietnam Insurance Joint Stock Corporation

Notes for editors:

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    Production Editor
    +44(0)20-7014-0370
    michael@worldfinance.com

For further media information contact: World Finance, Michael McCaw, Production Editor, +44(0)20-7014-0370, michael at worldfinance.com