Stuart Leatherby has been appointed as the Managing Director to head up Aetna's expatriate health insurance business, Aetna Global Benefits, in the Middle East and Africa. Leatherby has been working with Aetna Global Benefits since 2000, and prior to his promotion he has been working as the head of Aetna Global Benefits' International Markets Development team where he was responsible for expanding…

Allianz Group, the German insurer, has reported a profit of US$4.95 billion (EUR 3.9 billion) for the first-half of 2010, equivalent to a 22% increase over the same period last year. Revenues during the first half of 2010 increased to US$71 billion (EUR 56 billion) from US$63.4 billion (EUR 49.9 billion) during the same period in 2009.