The National Disaster Management Authority (NDMA) has categorised...
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PM to chair review meeting on preparedness to deal with heatwave, monsoon season
Several parts of the country have logged all-time high temperatures...
Heat wave scorches India’s wheat crop, snags export plans
The heat in March — the hottest in India since records first...
Make India No. 1 in disaster response & mitigationShah
Shah asked the NDRF, an agency under his ministry, to collaborate with the Defence Research and Development Organisation (DRDO) and develop indigenous equipment to combat disaster not only for Indian agencies but also for neighbouring countries like Nepal, Bangladesh and Sri Lanka.
RMS releases underwriting tools deliver rapid, site-specific insights
Karen White, CEO of RMS, said: “We have listened to the market, and to our clients. We know that there are times when full in-depth analysis is essential and there are times when immediacy of information is paramount. With our expanding suite of data solutions, a consistent and superior view of risk from underwriting up to portfolio management is now possible. RMS Location Intelligence API and SiteIQ can deliver immediate results at the times when they are needed the most for our clients.”
Strong quake strikes northwest Japan, triggers small tsunami, power cuts
“We will work closely with local authorities to provide any disaster measures including lifesaving and rescue operations and have instructed officials to provide information in a timely and accurate manner,” Chief Cabinet Secretary Yoshihide Suga – the top government spokesman – told a media briefing.
Severe cyclonic storm likely to hit Gujarat on June 12 night: IMD
The India Meteorological Department (IMD) has issued a warning of heavy rains with winds blowing at the speed of over 110 kms on June 13 and 14 in coastal areas of Saurashtra and Kutch.
Cyclone Fani caused loss of over Rs 9,000 crore to Odisha
“The state government is seeking an assistance of Rs 5,227.68 crore from the National Disaster Response Fund (NDRF) in order to meet the expenditure on the ongoing relief and restoration measure,”
U.S. impacted by most May tornadoes since 2015, storms and floods leave costly financial toll
Preliminary local storm report (LSR) data from NOAA indicates that there were nearly 4,400 individual reports of tornadoes, hail, and straight-line winds – the most in May since 2011 in the USA
SCOR raises $ 250 mn of Cat Bond
The capital shield policy is a strategic axis for SCOR. The Group has regularly used capital market solutions for this purpose, having completed 16 transactions since 1999, including cat bonds, sidecars, mortality bonds and innovative contingent capital protections.
Khuntia Panel focuses on insurance penetration and natural disaster for action plans
The panel has asked Chandrasekaran, and Joydeep Roy of PwC to prepare a detailed report on what need to be done on issues like insurance penetration and natural disasters.
As many as 8 Hurricanes Forecast for ‘Near Normal’ 2019 Hurricane Season
The hurricane season will be closely watched because of its potential to take a heavy human toll as well as rattle oil and gas markets across the globe. Over the past two years, storms including Michael, Irma and Harvey led to scores of deaths and over $250 billion in damages. They have also sent U.S. gasoline prices surging, shifted global crude and fuel flows, disrupted production in the energy-rich Gulf Coast and threatened crops.
26 Maharashtra reservoirs hit ‘zero water’ storage level as on May 18
the Water Conservation department of the state government in its website informed that water storage in Aurangabad Division, which comprises Aurangabad, Beed, Hingoli, Parbhani and Osmanabad districts, was 0.43 per cent as against 23.44 per cent at the same time last year