Ang Li, Melbourne School of Population and Global This year, ten...
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“Learning from disasters, Himachal govt to frame strict building norms for rural areas”: HP Minister Rajesh Dharmani
Attributing the increasing devastation to climate change and rising...
Landslides after heavy rain in northern India kill 15, several missing
Uttarakhand is prone to floods and landslides, which some experts...
Spain floods to trigger total insurance losses in excess of $3.8 billion, will have limited impact on local re/insurers
Another rating agency S&P has said the catastrophic flash floods that hit the Valencia region on Oct. 29 will have limited effects on private insurers and reinsurers. Around 4,500 businesses in the Valencia area have been directly affected, half of which face...
Innovative Climate risk insurance: PCRIC and WTW renew covers for 6 Pacific island nations
For 2024 and 2025, PCRIC now provides insurance for tropical cyclones, heavy rain, earthquake, and tsunami risk to six Pacific governments: the Cook Islands, Fiji, Niue, Tonga, Samoa, and Vanuatu, as well as the state-owned telecommunications company PNG DataCo in...
Spain approves €10.6 billion relief package for flood victims
The package includes direct aid for households, self-employed workers and firms; state-backed credit guarantees for companies and residents; and funds for city governments to pay for repairs and reconstruction. Spanish Prime Minister Pedro Sanchez announced the first...
Deadly Spain floods show difficulty of adapting to intense rains
An extremely hot Mediterranean and warmer air temperatures exacerbated a type of storm system that is becoming more common in the Iberian peninsula due to global warming Floods that killed more than 200 people in eastern Spain this week were caused by a storm that...
Infants, older adults in India exposed to more heatwave days in last decade, Lancet report reveals
Estimating economic impacts of heat in India, the report found that the agricultural sector was the worst hit from potential income loss due to a reduced capacity of labour in 2023 -- to the tune of over $71.9 billion in potential losses In India, over the last...
Global insured cat losses to exceed $102 billion: Aon
The report highlights that insured losses from primary perils during the first nine months of 2024 were relatively low, with no event exhibiting the potential to significantly impact the broader reinsurance market LONDON: A report by Aon plc reveals that there were at...
Spain searches for bodies after unprecedented flooding claims at least 158 lives
Human-caused climate change has doubled the likelihood of a storm like this week’s deluge in Valencia, according to a rapid but partial analysis Thursday by World Weather Attribution, comprising dozens of international scientists who study global warming’s role in...
India faces 24.7 pc GDP loss by 2070 due to climate change: ADB report
"India is reported to have the highest number of affected individuals and damage costs, with residential losses being predominant," the report said New Delhi: Climate change under a high-end emissions scenario could lead to a 16.9 per cent loss in GDP by 2070 across...
Cyclone Dana: Crops on 1.75L acre in Odisha damaged, another 2.80L acre submerged, says Govt
Chief Minister Mohan Charan Majhi during a review meeting on Friday night said the final estimate of the loss in the agriculture sector would be known from the detailed report, on the basis of which the government would decide on compensation for farmers Bhubaneswar:...
Lloyd’s and UNCDC establish first of its kind disaster resilience vehicle for Small Island Developing States
Initially covering Fiji, Papua New Guinea and Samoa, the vehicle will respond to disasters caused by natural perils including tropical cyclone, earthquake, tsunami and flood – with the long-term aim of scaling and replicating the vehicle throughout the Pacific region...