Aon plc ended the second quarter of 2020 (April - June) with a net income attributable to the company of USD 397 million, 44% more year-on-year. Net income per share from continuing operations attributable to Aon shareholders, adjusted for certain items, increased 5% to USD 1.96, (2Q2019: USD 1.87).

For the second quarter of this year, from April to June 2020, Marsh & McLennan Companies (MMC) reported a net income attributable to the company of USD 572 million, 72% more than in the second quarter of 2019.

Guy Carpenter & Company, part of Marsh & McLennan Companies (MMC), announced the appointment of three new members to its Executive Committee.

From January to May 2020, the overall GWP of the Kazakh life insurers increased by 4.1% year-on-year, to KZT 27.5 billion (~EUR 60 million*), while paid claims jumped by almost 75% y-o-y. At the same time, the share of life insurance in the market portfolio slightly decreased (-0.6%), to 12.1%, as Allinsurance.kz reports pointing to the data of ranking.kz portal.

The impact of the coronavirus pandemic has led to a decrease in cars usage, therefore to a decrease of MTPL claims. In May 2020, the total volume of claims paid dropped by 94% y-o-y, as Trend reports citing the Association of Insurers of Azerbaijan figures.

For the first half of 2020, the GWP under agricultural risks insurance amounted to AMD 131 million (~EUR 0.24 million*), 82.2% of the GWP being ceded to reinsurance. Paid claims in the segment reached AMD 8.4 million, ArmInfo reports.

The Insurance Supervision Agency of Slovenia (AZN) is pleased to invite you to the 6th annual conference with the title "HOW LOW WE CAN GO? Sustainable Insurance in an Uncertain World" on the 4h September 2020, in Hotel Union Ljubljana, Slovenia.

Generali Group ended the first half of 2020 with a net profit of EUR 774 million, 56.7% smaller year-on-year. The profit was affected by EUR 226 million of net impairments on investments related to the performance of the financial markets, EUR 183 million for the arbitration settlement for the sale of BSI and the contribution of EUR 100 million to the Extraordinary International Fund for the pandemic emergency.

MAPFRE's revenue for the first six months of this year amounted to EUR 13.3 billion, an 11.8% decrease compared to the same period last year, while premiums totaled 11.0 billion euros (-12.3%). This decrease falls within the context of the economic downturn caused by the COVID-19 crisis, which began in mid-March and intensified throughout the second quarter of the year, affecting all countries.

For the first half of 2020, total taxes of Armenian insurers amounted to AMD 1.2 billion (~EUR 2.22 million*), which is almost 24% more y-o-y. Income tax grew by 37.6% and reached AMD 339.6 million of the total amount of their taxes, ArmInfo reports.

In July 2020, ARX Life is celebrating 7 years of its operations on the Ukrainian insurance market. The company provides life insurance services to both corporate and individual clients. During its work, ARX Life joined TOP-10 largest life insurers in the country, Forinsurer reports.

On July 31, 2020, Capitolina TOURBINA is leaving the position of Director of the Representative office of Gen Re in Moscow, one of largest international reinsurers. From August 1^st, 2020, the office will be headed by Vladimir IGNASHIN, the insurance news agency reports.

GENERALI CEE Holding announced a strategic two-fold cooperation with 4Life Direct in Poland: "4Life Direct becomes the agent of GENERALI in Poland and further, the cooperation includes a proposal for holders of over eighty thousand Polish policies from the company's partner from Gibraltar - to come under the wings of the Venetian lion".

In 1Q2020, the insurance sector of Ukraine decreased by 13.37% y-o-y in local currency, to about UAH 11.55 billion (~EUR 373 million*). At the same time, the market paid claims recorded similar growing dynamics, recording an increase by 13.25 y-o-y, the data published by the National Commission for Financial Service Markets shows.

Slovenian insurance market totaled EUR 714 million at the end of March 2020, 6.2% more y-o-y, according to the Slovenian Insurance Association's Q1 report.

For the second quarter of 2020, PartnerRe reported a net income available to common shareholder of USD 229 million, 19.6% lower year-on-year. This figure includes net realized and unrealized investment gains of USD 238 million on fixed maturities and short-term investments, primarily due to decreases in worldwide credit spreads, and USD 35 million of net foreign exchange losses.

In the first half of 2020, Qatar Insurance Company (QIC) was adversely impacted by the effects of COVID-19 pandemic on global economies and financial markets. Despite these challenging market conditions, QIC expanded its Gross Written Premium by 13%. Furthermore, QIC successfully issued a USD 300 million perpetual subordinated Tier 2 capital notes in the second quarter of 2020.

Insurance Europe has today published its response to a consultation by the European Commission on its action plan for a comprehensive EU policy on preventing money laundering (ML) and terrorist financing (TF).

AM BEST affirmed the A+ ("Superior") Financial Strength Rating of Caisse Centrale de Reassurance (CCR) and the A ("Excellent") Financial Strength Rating of CCR Re. The outlooks of both companies remain stable.

PartnerRe announced the appointment of Jacques Bonneau as its President and Chief Executive Officer (CEO), effective from July 28, 2020. Bonneau succeeds Emmanuel Clarke, who is leaving the Company by mutual agreement to pursue other opportunities outside the Group.