AXA has recorded EUR1.5bn ($1.78bn) in COVID-19 claims in the first half of this year, which is in line with its earlier forecasts.
Liberty Mutual has reported a net loss of $320m for 2Q2020, compared to a net income of $397m for the same period last year.
The Reinsurance Solutions business of Aon has appointed Ms Catherine Turner as head of UK property, and co-leader with Mr Richard Evans of its UK & Ireland and specialty casualty business.
China's insurance regulator has unveiled more details of a three-year action plan to promote the high-quality development of the property insurance industry.
Seventeen non-life insurers out of 21 that have foreign shareholders reported profits for the first six months of the year.
Among 75 unlisted non-life insurers in China that have submitted their second quarterly solvency reports to date, 55 were profitable in the first half of this year compared to 20 that made losses, according to an analysis by quanshangcn.
Estimates of the economic losses caused by the 4 August blast in Beirut range between $3bn and $5bn, according to the governor of Beirut.
Premiums in Egypt's insurance sector are expected to decline by 15-20% in the financial year ending 30 June 2021 (FY21) due to the coronavirus pandemic, according to a senior industry official.
Investment losses from the decline in asset values and falling investment income due to the low interest rate environment will have the largest impact on New Zealand P&C insurers' earnings in 2020, says S&P Global Ratings.
Germany's ERGO Versicherung's acquisition of a stake in a Chinese insurance company together with China's Shandong Hi-Speed Group Corporation (SDHS) has been cleared by the EU.