The Insurance Control Commission published its “Insurance Sector Quarterly Report”, conveying a 5.87% annual drop in the sector’s gross written premiums to $1,185.41 million in the first nine months of 2020, from $1,259.32 million in the same period in 2019. In detail, non-life insurance premiums fell by 3.14% to $874.44 million, coupled with a 12.79% contraction in life insurance premiums to $310.98 million. The health insurance segment amassed 37.93% of the Lebanese insurance sector’s gross written premiums, followed by the life (26.23%), motor (20.39%), and property & casualty (15.45%) 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 $108.87 million up to September 2020 (9.18% of the sector’s combined gross written premiums), followed by SNA ($102.81 million; <8.67%>), Medgulf ($97.73 million; <8.24%>), and ALICO ($92.42 million; <7.80%>), only to name a few. From another standpoint, the Lebanese insurance sector’s number of claims reported dropped by 0.90% annually to $767.53 million in the first nine months of 2020, down from $774.51 million a year before, on the back of some 80.82% contraction in life insurance reported claims to $43.66 million outweighing the 32.36% expansion in non-life insurance reported claims to $723.87 million. Reported claims were mostly concentrated in the health insurance segment (69.94%), followed by the motor (20.71%), life (5.69%), and property & casualty (3.65%) insurance segments. Furthermore, the Lebanese insurance sector’s expenditures for acquisition and administration came in 6.91% lower on a yearly basis at $334.65 million, while it registered a net investment loss of $71.45 million.