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Iran eyes $10 billion from crypto-based Hormuz insurance scheme

Iran eyes $10 billion from crypto-based Hormuz insurance scheme

by AIP Online Bureau | May 18, 2026 | Eco/Invest/Demography, International News, Reinsurance

“Cryptographically verifiable insurance policies will be provided for shipments passing through the Persian Gulf, the Strait of Hormuz, and the surrounding waterways, and payments will be settled in Bitcoin,” Fars reported, citing the website hormuzsafe.ir, which...
Iran war leaves global companies facing $25 billion losses

Iran war leaves global companies facing $25 billion losses

by AIP Online Bureau | May 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in the United States,...
Governments lead Asia’s $100 billion climate resilience push

Governments lead Asia’s $100 billion climate resilience push

by AIP Online Bureau | May 18, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Climate adaptation is slowly being seen as a potential target area for private investors rather than simply a government responsibility, particularly with expectations that projects and services aimed at bolstering resilience will post strong growth in coming decades....
Motherhood & Financial Planning: Securing every stage of life with confidence

Motherhood & Financial Planning: Securing every stage of life with confidence

by AIP Online Bureau | May 18, 2026 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits

A strong financial plan is not built only around protection. It must also account for wealth creation,continuity of income and long-term financial stability across changing life stages Vikas Gupta, Chief Product Officer, ICICI Prudential Life Insurance Company...
Iran announces launch of new regulatory body to manage Strait of Hormuz

Iran announces launch of new regulatory body to manage Strait of Hormuz

by AIP Online Bureau | May 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

It was not immediately clear what the new body would do but earlier this month Iranian English-speaking broadcaster Press TV said it constituted a “system to exercise sovereignty over the Strait of Hormuz” and that ships passing through the strait were...
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