The cost of natural catastrophes such as hurricanes and wildfires...
Category:
Disaster & Management
Latest
Willis and Global Parametrics deliver first payout to coffee farmers in Vietnam hit by heavy rainfall
In late 2025, Willis placed the high rainfall parametric solution...
World Bank launches $200 million Jamaica Cat Bond
For cat bond investors, “current signals point to lower activity...
Governments lead Asia’s $100 billion climate resilience push
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....
Climate Adaptation & Resilience in Asia: Pricing Risk,Financing Solutions
By 2030, Asia will account for around 75% of the global climate adaptation and resilience(CA&R) financing gap, and Asian companies are projected to bear around US$336 billion in annual climate costs. The Centre for Impact Investing and Practices (CIIP), in...
Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub
Rafal Modrzewski, CEO and co-founder of ICEYE The company's satellite constellations currently serve sectors ranging from defence and intelligence to insurance and emergency management. Demand for ICEYE's technology has surged amid rising global geopolitical tensions,...
89 killed as storm, rain batter UP
Chief Minister Yogi Adityanath took cognisance of the loss of lives and damage caused by unseasonal rain, thunderstorms and lightning on Wednesday and directed officials to ensure relief reaches the affected families within 24 hours. LUCKNOW:At least 89 people were...
AI-enabled systems introduced by IMD to provide hyper-local weather forecasts: Jitendra Singh
Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences,said India has witnessed nearly 40 per cent improvement in forecast accuracy for severe weather events during the recent decade compared to the previous decade....
Shah to review flood management and heatwave preparedness in the country tom
Amit Shah,Home Minister and Minister of Cooperation During the meeting, Union Home Minister will assess the readiness of Central Government agencies, review early warning systems, resource deployment and inter-agency coordination, to ensure zero loss of life and...
Scindia launches nationwide mobile alert system for disaster emergencies
Jyotiraditya Scindia,Union Minister of Communications Cell Broadcast Solution (CBS) is a telecom-enabled public warning system that enables authorities to broadcast simultaneous, geo-targeted alerts to mobile devices within a defined area. Integrated with the...
Amit Shah to launch mobile-based disaster communication systems on May 2
The system has been extensively utilized by disaster management authorities, enabling the dissemination of over 134 billion SMS alerts, till date, in more than 19 Indian languages during natural disasters, weather warnings, and cyclonic events.To further strengthen...
APAC Cat Report:Economic losses of $76 bn,Insured losses at $7 bn in 2025, says Aon
Extreme heat is also emerging as one of Asia Pacific’s most consequential climate risks, with rising temperatures placing increasing strain on public health systems, infrastructure and workforce productivity, Across the region, working hours lost to heat stress have...
Global Cat Report:Q1 of 2026 records $37 bn of economic losses and $20 billion of insured losses
The report highlights Q1 economic losses of at least $37 billion (Q1 2025: $113 billion) –the lowest since 2015 and 43 percent below the 21st century Q1 average – and insured losses of more than $20 billion, six percent higher than the 21st century average. Flooding...