The Insurance Control Commission published its “Insurance Sector Quarterly Report”, conveying a 21.32% annual drop in the sector’s gross written premiums to $1,320.30 million in 2019, from $1,678.17 million in 2018. In detail, non-life insurance premiums fell by 1.63% in 2019 to $1,140.14 million, coupled with a 65.29% plunge in life insurance premiums to $180.17 million. The health insurance segment amassed 40.89% of the Lebanese insurance sector’s gross written premiums in 2019, followed by the motor (25.32%), property & casualty (20.14%), and life (13.65%) insurance segments. It is worth noting, in this vein, that Bankers led the list of insurance companies in Lebanon in terms of gross written premiums, which stood at $117.94 million in 2019 (8.93% of the sector’s combined gross written premiums), followed by Fidelity ($98.23 million; <7.44%>), Medgulf ($90.37 million; <6.84%>), LIA ($89.41 million; <6.77%>), and SNA ($88.40 million; <6.70%>), only to name a few. From another standpoint, the Lebanese insurance sector’s gross settled claims dropped by 16.69% annually to $790.63 million in 2019, down from $949.03 million a year before, on the back of some 72.92% contraction in life insurance settled claims to $78.31 million outweighing the 7.96% expansion in non-life insurance settled claims to $712.32 million. Claims settled were mostly concentrated in the health insurance segment (52.76%), followed by the motor (25.37%), property & casualty (11.96%), and life (9.91%) insurance segments. Furthermore, the Lebanese insurance sector’s expenditures for acquisition and administration came in 16.13% lower on a yearly basis at $407.01 million, with its net investment income declining by 36.05% to $99.10 million. As a result, the ratio of gross settled claims to gross written premiums stood at 59.88% at end of 2019, with the ratio of net investment income to gross written premiums attaining 7.51%.