Colombia’s Pacific region around the quake’s epicenter lies along...
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Disaster & Management
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Wildfires fan record sales of Cat Bonds to backstop risk
Wildfire risk is now the fastest-growing category of...
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,...
Australia to $6 billion on climate adaptation through 2030
The money is earmarked for flood mitigation, bushland conservation, supporting the agriculture sector to transition to net zero, and managing health impacts across society, among others, according to the National Adaptation Plan. That was released alongside a report...
Entire Himalayan range facing ecological crisis: SC
A report filed by Himachal Pradesh said the recent devastations in the form of high-intensity rainfall, cloudbursts, flash floods, landslides, variations in snowfall patterns, and receding glaciers were manifestations of climate change, an undeniable global phenomenon...
Monsoon disasters claims 386 lives, cause losses of Rs 4,465 crore
The cumulative monetary loss is pegged at ₹4,46,574.93 Lakh (₹4,46,5 crore), the bulk of which comes from damage to roads, power, water supply, agriculture, horticulture, education, fisheries, and rural development infrastructure - ₹2,71,879 Lakh in damage to roads...
Disasters damage $12.7 Billion of African Infrastructure annually
“Climate change is expected to increase the impact of disasters on infrastructure by as much as 27%, resulting in average annual loss of $2.4 billion,” the report said, without giving a date. “Africa is one of the most vulnerable regions to climate-related disasters.”...
Earthquake destroys villages in eastern Afghanistan, kills at least 600 people
The quake late Sunday hit a series of towns in the province of Kunar, near the city of Jalalabad in neighboring Nangahar province. The 6.0 magnitude at 11:47 p.m. was centered 27 kilometers (17 miles) east-northeast of the city of Jalalabad in Nangarhar province, the...
MHA forms teams to aid Himachal, Jammu & Kashmir, Uttarakhand, Punjab in flood relief
These central teams will visit the flood and landslide-affected districts of Himachal Pradesh, Uttarakhand, Punjab and J&K, severely affected by heavy to extremely heavy rainfall and incidents of flash floods, cloudbursts and landslides during this monsoon season...
At least 320 dead in Himachal floods, losses over Rs 3,000 crore
The state has suffered losses of over Rs 3,040 crore due to 91 flash floods, 45 cloudbursts and 93 major landslides it has witnessed during the ongoing monsoon season, the State Emergency Operation Centre (SEOC) data showed. Shimla: Five houses were damaged as...
Cloudbursts landslides in Uttarakhand 6 killed 11 missing
Uttarakhand has been hit hard by natural calamities this monsoon season. Dehradun: Six people were killed and 11 went missing as heavy rains and a series of cloudbursts wreaked havoc in various districts of Uttarakhand early Friday, triggering landslides that damaged...
India and Fiji join hands for climate action, resilience building and sustainable development
Prime Minister Narendra Modi and Sitiveni Rabuka,Prime Minister, Fiji, in New Delhi Prime Minister Narendra Modi had hosted a lunch for heads of offices supporting the economy of Fiji which was attended by R. Doraiswamy, CEO & MD , Life Insurance Corporation,...
Liberty Mutual Reinsurance and Safehub launch parametric earthquake insurance solution
ShakeNet Parametric reduces basis risk for parametric re/insurance policies, better aligning payout with actual losses. The scalable nature of Safehub’s technology allows for rapid and dense deployment of sensors, enabling risk transfer solutions even in...