Insurance Premiums Benefit Global GDP

LONDON, August 24, 2010 /PRNewswire/ -- 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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