The Pacific region is highly prone to powerful earthquakes and...
Category:
Disaster & Management
Latest
Powerful quake in Russia’s far east causes tsunami, Japan and Hawaii order evacuations
The shallow earthquake damaged buildings and injured several people...
Global natural disasters cause overall losses of around $ 131bn,insured losses at $ 80bn in H1 2025, says Munich Re
Thomas Blunck, Member of the Board of Management After the record...
World Bank eyes first ‘drought’ bond in next 12-18 months
“We would love to do something in the drought space, that is something we are working on,” said George Richardson, director of the capital markets and investment department at the World Bank Treasury told Reuters, adding this would be most likely focussed on Africa...
The fund managers Cat modeling keep winning bets
Karen Clark, co-founder and chief executive officer of the Boston-based firm that carries her name, says the cumulative effect of past climate change is an 11% jump in insured losses related to hurricanes. Her firm’s projections to 2050 suggest that climate change...
CMA CGM says its ship lost 44 containers in tough weather
“No injury to the crew has been reported, no pollution, no strong damage to the vessel which remains fully seaworthy,” the company said, adding that 33 additional containers had been damaged French shipping and logistics company CMA CGM said on Thursday that its ship...
Flooding In Northern Bangladesh displaces 40,000 people
“Heavy rains in the Indian upstream region mean that the suffering is far from over. We have taken measures to cope with the situation,” said Rezwanul Rahman, the head of Bangladesh’s disaster management department. Flooding in Bangladesh has swept away homes and shut...
Assam flood situation deteriorates, 16.50 lakh people affected in 29 districts
Chief Minister Himanta Biswa Sarma chaired a meeting on the flood situation with all District Commissioners late on Wednesday night and directed them to be liberal in granting relief as per norms, complete all rehabilitation claims as per norms before August 15 and...
Hathras Stampede: Death toll rises to 121 occurred at a`satsang’
"The incident happened due to overcrowding at the time when people were trying to leave the venue," Hathras district administrator Ashish Kumar told reporters HATHRAS (UP): Over 121 people died and several others were injured in a stampede at a religious congregation...
Heat-dome: Indian Temperatures Beyond the Heatwave?
Robert Muir-Wood,Chief Research Officer, Moody’s RMS Mitigation is the only route to relieve the heat stress, and countries that are used to the heat benefit from previous experience and may have the infrastructure – from building design to designated cooling centers,...
Insurance premiums for climate resilience and NatCat protection are set to increase by 50% by 2030, to reach $200-250 billion, says report
Whilst insurance promises to be a great enabler to unlocking the transition and adapting economies to a new climate era, it will require a paradigm shift in how risk management is prioritised if climate finance is to be deployed and businesses are to secure their...
Korean explosion raises concerns over battery safety
Battery-related fires have also posed greater risks in recent years as countries pivot away from fossil fuels and expand the use of clean energy and vehicles. The growing demand has increased the number of battery producers around the globe, with fires breaking out...
14 people killed in landslides, floods and lightning incidents in Nepal
"We recorded a total of 44 incidents on June 26, 2024. In those incidents 14 people have lost their lives, 8 are due to landslide, 5 due to lightning and 1 in flooding. 2 people are still unaccounted for in the incident of landslide while 10 people have sustained...