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World ‘at a crossroads’ as droughts increase nearly a third in a generation
From 1970 to 2019, weather, climate and water hazards, accounted...
Cyclone Asani weakens as it approaches Andhra coast
According to the weather office, the cyclone could damage thatched...
Over 200 dead in four flood-hit states; more than 12 lakh people affected
In Kerala, the death toll increased to 83 and 2.55 lakh people have sought refuge in relief camps, official said, fearing the toll is may go up as 50 people are still missing in Malappuram.
Hurricane activity could pick up as El Nino fades, say forecasters
The National Oceanic and Atmospheric Administration’s Climate Prediction Center said Thursday the Atlantic season looks more active than normal as peak hurricane season begins. Forecasters now expect 10 to 17 named storms, with five to nine hurricanes and two to four major ones.In May, they forecast a normal season, one or two fewer named storms and hurricanes.
EU fights spread of African swine fever with 10 countries now affected
The situation “is very worrying,” EU Commission spokeswoman Anna-Kaisa Itkonen told a media briefing , urging action against a “catastrophic animal disease” which industry officials in Bulgaria fear could cause damages of up to 2 billion levs ($1.15 billion).
Flood related loss in Karnataka Rs 10,000 crore, says CM
Thirty one people have died so far in rain related incidents in Karnataka as the flood situation remained grim in the state.
A total of 3.14 lakh people have been evacuated, of whom 2.18 lakh are staying in 924 relief camps
169 dead in flood, rain-related incidents in south and west India
In Kerala, over 2.51 lakh people have taken shelter in 1,639 relief camps. The toll in the flood fury has gone up 72 while 58 people still missing, according to the report issued by the state government at 7.00 pm on August 11.
Monsoonal flooding across Southern Asia kills hundreds and incurs multi-billion economic loss
According to reports, more than 467 people have been killed this season in India and many thousands of acres of cropland were destroyed. The states of Assam, Bihar, Maharashtra and Uttar Pradesh were among the worst affected. Economic losses were expected to reach well into millions of U.S. dollars with significant costs to agriculture and infrastructure
Rain and flood leave trail of destruction across several states, dozens dead
The Indian Army said it has rescued around 6000 people and more than 15000 have been evacuated from flood-affected areas in Maharashtra, Karnataka, Kerala, and Tamil Nadu till late Friday.
Global commercial insurance pricing up 6% in Q2:Marsh
CAT pricing increased double digits in several Asian countries,including Singapore, Hong Kong, and India.
World warned: Change now or endanger food and climate
But in a stark warning to those who may hope that vast reforestation and biofuel schemes alone can offset mankind’s environmental damage, the report cautioned that these mega-projects could endanger food security, underlining that reducing emissions will be central to averting disaster
ILS market slow to return to normal
market declined year-on-year in the second quarter of 2019, with just below $1.7 billion of non-life ILS capacity issued through 11 cat bonds, down from $6.2 billion and $4.0 billion in Q2 2017 and 2018 respectively. That made the recent quarter the second-lowest second-quarter for issuance by volume in the past eight years, except for 2016.