US President Donald Trump announced on Tuesday that the US will provide political risk insurance and naval convoys for ships transporting energy and other commodities through the Mideast Gulf.

Li Quan, former chairman of New China Life Insurance, has been sentenced to death with a two-year reprieve by a Shandong court over corruption charges.

Australia’s largest insurer by market value, QBE Insurance (QBE.AX), reported a stronger-than-expected interim profit for the first half of 2025, driven by solid premium growth and lower catastrophe claims. The company posted an adjusted net profit after tax of $997 million for the six months ended June 30, up from $777 million a year earlier and ahead of market estimates of $839.4 million.Australia’s largest insurer by market value, QBE Insurance (QBE.AX), reported a stronger-than-expected interim profit for the first half of 2025, driven by solid premium growth and lower catastrophe claims. The company posted an adjusted net profit after tax of $997 million for the six months ended June 30, up from $777 million a year earlier and ahead of market estimates of $839.4 million.

Nigar Bayramova, Deputy Chairman of the Board of Azerbaijan’s State Agency on Mandatory Health Insurance, met with a visiting Uzbek delegation led by Shukhrat Inoyatov, Deputy Executive Director of Uzbekistan’s State Health Insurance Fund.

Dr. Neil Hopper, a 49-year-old vascular surgeon who previously performed hundreds of amputations, has been charged with fraud after allegedly lying to insurers about the cause of his own leg amputations. Prosecutors claim that Hopper falsely stated his injuries were the result of sepsis, not self-inflicted, in an attempt to obtain financial compensation.

Chinese electric vehicle makers Zeekr and Neta reportedly inflated their car sales figures by insuring vehicles before they were actually sold to customers.

Authorities announced on Monday that the suspect accused of killing the CEO of UnitedHealthcare, a major insurance group, last week in New York City has been arrested by police in Pennsylvania, News.az reports citing foreign media.

The Azerbaijan International Insurance Forum 2024 has kicked off in Baku, News.Az reports, citing the Azerbaijan Insurers' Association.