Reporting a 2009 net profit of US$1.62 billion (EUR 1.19 billion), chiefly due to the profitable performances of its remaining insurance operations, Fortis also announced its re-branding strategy which aims to reflect the transformation it went through during the past year that made it a focused insurance company.

London-based international medical insurer Medicare International has now added 'passive war cover' as an option on its health polices to provide coverage for contractors and workers in war torn nations. Medicare has recognized there is a growing number of people working in and around zones of conflict in the world and has tried to cater to contractors…