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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...
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...
Australia’s major cities face an increasing risk of urban wildfires similar to deadly Los Angeles blazes
“Nearly every Australian capital city has a dangerous mix of preconditions for a catastrophic fire like LA — the possibility of extreme dry periods, severe winds, steep slopes, bushland near homes and a history of destructive fires,” said Greg Mullins, a former New...
ONGC activates emergency response after gas leak at Mori Field in Andhra Pradesh
"No injury or loss of life has been reported. The area has been cordoned off, cooling operations commenced, and ONGC has mobilised the Crisis Management Teams (CMT and RCMT). Preparatory work is in progress to facilitate well-control and, if required, capping of the...
Swiss bar’s owners face criminal negligence probe after fire
The fire, which may have been caused by sparklers igniting the club’s soundproofing insulation, killed at least 40 people and left 119 injured. The injured, many of them teenagers, were moved to hospitals in neighboring countries for intensive care and treatment as...
Heatwaves, wildfires, droughts and storms cost world more than USD 120 billion in 2025: Report
"These disasters are not natural — they are the predictable result of continued fossil fuel expansion and political delay," said Emeritus Professor Joanna Haigh, at Imperial College London New Delhi:Heatwaves, wildfires, droughts, and storms cost the world more than...
Natural disaster blamed for landslide deaths as J-K court quashes plea against Vaishno Devi board
The plea alleged that despite weather advisories issued by the meteorological centre in Srinagar and the J-K Disaster Management Authority, the pilgrimage was not suspended, which amounted to criminal negligence by the CEO and other officials of the Shri Mata Vaishno...
Catastrophe bonds linked to wildfires lose ‘untouchable’ status
More than $5 billion of cat bonds with some level of exposure to wildfire risk were issued by insurers and sold to investors this year, according to Artemis, a specialist in insurance-linked securities that tracks market trends. That’s more than twice the level in...
IMD identifies country’s various vulnerable weather hazards areas
IMD introduced, customised location specific forecast for offshore & onshore industries, airports, ports, Indian Air Force, Indian Oil corporation, Nuclear Power Corporation of India, marine weather forecast, cyclone forecast, heat wave forecast, thunderstorm...
Climate Risks: More than 450 people sue Japan govt seeking damages of 1,000 yen ($6) each
The case in Japan follows similar global lawsuits in which groups of individuals have attempted to hold governments or companies to account over climate action. At least 226 new climate cases were brought in 2024, according to a June report from the Grantham Research...
Total global insured losses in 2025 at $107 billion, 24% lower than $141 billion recorded in 2024
Balz Grollimund, Swiss Re's Head Catastrophe Perils, says: "We are observing a steady rise in losses from severe convective storms. Urbanisation in hazard-prone areas, rising asset values, higher construction costs and factors such as ageing roofs have made these...
Cyclone Ditwah causes nearly Rs 75 billion damage to Sri Lanka’s infrastructure
It was pointed out that some 316 roads and 40 bridges under the purview of the Road Development Authority have been damaged. Colombo: Sri Lanka's Road Development Authority has incurred a loss of nearly Rs 75 billion due to the destruction of roads and bridges caused...