Announcing its 2009 year end results, Fortis (Insurance UK) has reported record premiums and proposes changing its name to ‘ageas’.

Non-Life Gross Written Premiums (GWP) increased by 6% to £805 million (2008: £760 million). New Annual Premiums in the protection business were £15 million (2008: £3 million).

Total Broker Income for retail businesses was up 5% to £100 million (2008: £95 million).

Barry Smith, chief executive of Fortis UK, said: “Despite the challenging market conditions affecting the industry throughout 2009