The system will not make landfall either in Odisha or Andhra...
Category:
Disaster & Management
Latest
Aila, Amphan, Asani: How A Cyclone is Named?
Each tropical storm is given a name to avoid confusion,...
Indian states ready with plans to mitigate heatwave impact, official says
The National Disaster Management Authority (NDMA) has categorised...
Fight against Floods enlists supercomputers, drones, sonar
The cost of this technology is coming down even as disaster recovery becomes more expensive, so “anything we can do to reduce the costs of these floods and natural hazards is worth it,” she said. “Of course, loss of life, which you can’t put a dollar amount on, is certainly worth that as well.”
Reinsurance brokers permitted to open foreign currency accounts: RBI
“… reinsurance and composite insurance brokers registered with Irdai may open and maintain non-interest bearing foreign currency accounts with an AD bank in India for the purpose of undertaking transactions in the ordinary course of their business,” the RBI said.
More US industries depend on weather tracking
About one-third of the U.S.’s $18 trillion gross national product is generated by industries vulnerable to changes in the weather. There were 14 weather events that caused at least $1 billion in damages in the U.S. last year, according to the National Centers for Environmental Information. That’s more than the 6.2 per year average from 1980 to 2018.
China chemical plant explosion death toll climbs to 44; 32 others critical
The explosion occurred on Thursday following a fire in a fertilizer factory in a chemical industrial park in Yancheng, Jiangsu province, according to the government of Xiangshui county
NYC Mayor proposes $10B plan to flood-proof Manhattan as Climate Risk grows
President Donald Trump’s skepticism that climate change is the result of carbon-dioxide emissions from the use of fossil fuels means that the city can’t rely on federal funds unless someone else occupies the White House, New York Mayor Bill de Blasio said. Climate scientists overwhelmingly consider such emissions as the driver of rising global temperatures.
AI to tackle UK insurance fraud and assess flood damage
The project is one of 40 backed by £13 million in Government investment to support collaborative industry and research projects to develop the next-generation of professional services.
California considers insurance to help with wildfire costs
The most populous state should follow the lead of Oregon, the World Bank and the Federal Emergency Management Agency after outspending its emergency fund in seven of the last 10 years, California Insurance Commissioner Ricardo Lara and Treasurer Fiona Ma said.California spent nearly $950 million two years ago, about $450 million more than was budgeted and by far the highest annual amount. It spent about $677 million last year, as wildfires again swept through cities, suburbs and more rural areas.
California has experienced 11 of the top 20 most destructive fires in its history since 2007.
Moderate intensity quake jolts Kashmir
The epicentre of the quake was at a depth of 40 kilometres in northwestern Kashmir, 118 kilometres from Srinagar, the officials said.There were no reports of any casualties or damage due to the quake so far.
Weather catastrophes drive majority of $225 billion economic cost of natural perils in 2018 – Aon report
Of that total, private sector and government-sponsored insurance programs covered USD90 billion of the total – the fourth-highest year on record. This means the protection gap, which is the portion of economic losses not covered by insurance, was 60 percent and at its lowest level since 2005.
Pandemics may cause $570 bn annual loss to global economy, says WEF report
“Outbreaks are a top global economic risk and – like the case for climate change – large companies can no longer afford to stay on the sidelines,” said Vanessa Candeias, Head of the System Initiative on Shaping the Future of Health and Healthcare and Member of Executive Committee at the WEF.