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Munich Re appoints Gavin Maistry as its chief executive for Life and Health, Asia Pacific, Middle East and Africa

Munich Re appoints Gavin Maistry as its chief executive for Life and Health, Asia Pacific, Middle East and Africa

by AIP Online Bureau | May 21, 2026 | Health, International News, Life

Gavin Maistry, chief executive-designate,Life and Health Asia Pacific, Middle East and Africa, Munich Re In his new role, Gavin Maistry will oversee approximately 600 professionals across 16 branches and representative offices, serving over 600 clients in APAC MEA. In...
Coal pollution dims global solar power output

Coal pollution dims global solar power output

by AIP Online Bureau | May 20, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The effect is most pronounced when solar facilities are located next to coal plants. In China, the world’s largest producer of solar power and coal, aerosols slashed photovoltaic output by 7.7%, with scientists attributing nearly a third of the decline to coal-fired...
World Bank launches $200 million Jamaica Cat Bond

World Bank launches $200 million Jamaica Cat Bond

by AIP Online Bureau | May 20, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

For cat bond investors, “current signals point to lower activity and losses in the Gulf, but relatively higher risk in the South- and Northeast, especially for stronger events,” Schroders said in a recent note. “This creates scope for portfolio repositioning ahead of...
Iran war tests UAE’s safe-haven image

Iran war tests UAE’s safe-haven image

by AIP Online Bureau | May 20, 2026 | Eco/Invest/Demography, International News, Policy

The UAE, a close ally of the United States and Israel, faced more missile and drone attacks from Iran during the war than any other country. The attacks — and Iran’s chokehold on the Strait of Hormuz — have more than halved the Emirates’ exports of crude oil and...
Iran imposes checks, fees in Hormuz

Iran imposes checks, fees in Hormuz

by AIP Online Bureau | May 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

New Delhi uses its embassy in Tehran to liaise with Iranian authorities, including the IRGC and the Iranian navy, which vets ships India wants to sail out of the Gulf, according to an Indian shipping ministry official. For many vessels, the route out of the Gulf and...
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