The scale of the claims is being driven primarily by engineering...
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Before flood catastrophe, Nepal asked China for early warnings as risks mounted
"What we actually wanted from them, and still want, is if there are...
India needs credible carbon market to protect exporters as EU CBAM takes effect: CII-IIM report
The report said the carbon-price signal is becoming increasingly...
Himalayan Flood Fury: Death toll rises to 469 as lake poses new flood threat,1,500 people are missing
Scientists who’ve studied satellite images said bedrock underneath a glacier high in the Himalayan region had collapsed, taking part of the glacier with it. The rocks and melted water swelled the rivers in the valleys below, causing a torrent of water that swept...
India’s EV sales jump over 16-fold to 25 lakh in 2025-26: PM Modi
"In 2009-10, only 1.5 lakh electric vehicles were sold. In 2025-26, 25 lakh electric vehicles have been sold," according to him. This suggests a massive surge of 1,566.67 per cent or 16-fold during the period'' said Prime Minister Narendra Modi in his speech on 80th...
Heatwaves could cost France €10-15 billion, environment minister says
The 2022 drought resulted in €5.6 billion in direct and indirect costs, but this year’s heatwaves have been longer and more intense, with more extensive forest fires and a greater decline in agricultural production, French environment minister Monique Barbut said. The...
Climate change driving extreme rainfall in Himalayas, anthropogenic factors adding to risk: Govt
Minister of State for Home Affairs Nityanand Rai said assessments by weather experts, scientific institutions and state authorities indicate that climate change has increased the intensity and frequency of extreme rainfall events in the Himalayan region. New Delhi:...
Changing Hazards:Benign H1 2026 masks rising natural catastrophe risk, finds Swiss Re
Wildfire risk has so far accounted for only a relatively small share of insured losses in Europe. Yet it is the fastest-growing weather peril globally. Insured wildfire losses in Europe have increased by an estimated 8–11% per year in real terms since 1970, Swiss Re...
Climate change made ‘fire-prone’ weather conditions more likely in Spain and France, scientists say
“We’ve seen repeatedly how climate change increases hot, dry, flammable conditions that are extremely conducive to wildfires," said Clair Barnes, a research associate in extreme weather at Imperial College London, who co-authored the WWA analysis. BRUSSELS:...
French and Spanish firefighters battle wildfires for a sixth consecutive day
Spain’s fires were fueled by a combination of weather, mainly because the country suffered three heat waves between June and mid-July, depleting soil moisture, along with denser-than-usual vegetation following an unseasonably rainy winter. Similar reasons are being...
Emerging markets stare at inflation risks as powerful El Niño looms
Emerging markets are particularly vulnerable as households spend a larger share of their income on food, and agriculture plays a big role in their economies, raising the risk that central banks will have to keep policy tighter for longer. Emerging economies already...
Record-low Danube levels expose shipwrecks
Danube levels fell to record lows this week in Croatia and Serbia, exposing hundreds of square kilometers of sand banks, following the summer’s prolonged heatwaves and drought that have affected waterways across Europe. Dozens of boats in a marina in Serbia’s northern...
Why El Niño’s promise of quieter Hurricane Season may not be good news for insurers
“All it takes is one landfalling hurricane to create an insured loss of a magnitude we’ve never seen before … And that could absolutely happen in an El Niño year,” said Kimberly Roberts, advisory leader of North American peril at reinsurance broker Guy Carpenter For...