by AIP Online Bureau | May 21, 2026 | Indian News, Life
R Doraiswamy, CEO & M D, LIC, said,“FY 2025-26 has been a satisfying year for us, with strong overall growth across every business vertical leading to record performance metrics. We have achieved a Non Par share on APE basis in our individual business of more than...
by AIP Online Bureau | May 21, 2026 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
In late 2025, Willis placed the high rainfall parametric solution with Bao Minh Insurance Corporation in Vietnam, protecting coffee farmers’ revenue against a loss of yield due to excessive rainfall during the ‘golden’ harvesting period. The solution uses satellite...
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...
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...
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...
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...
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...
by AIP Online Bureau | May 20, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Alongside clearing legal pendency, EPFO is moving to simplify how members interact with it. The organisation is planning to use WhatsApp to expand outreach and streamline services. New Delhi:The Employees’ Provident Fund Organisation has sharpened its focus on...
by AIP Online Bureau | May 20, 2026 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
Unlike COVID-19 or seasonal influenza, there is no risk of systemic accumulation or correlation among insured populations. There is also no evidence of sustained super spreading dynamics comparable to airborne respiratory viruses, explained SCOR.. Paris: Hantavirus...
by AIP Online Bureau | May 20, 2026 | Banking & Bancassurance, Indian News, Risk Management
RBI’s plans to allow lenders to lock smartphones as a tool to recover loans, and that the move may raise consumer rights and privacy concerns. Mumbai:India’s central bank on Wednesday proposed allowing lenders to remotely restrict or disable functions of...
