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Disaster & Management

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At least 50 missing after boat capsizes on Brahmaputra in Assam

Jorhat district police chief Ankur Jain said that the police and the disaster management personnel located the capsized boat about 350 metres from the riverbank.

“We have rescued around 20 people on board the boar from various places downstream. However, around 50 people are missing till late evening,” he told the media adding that the searches for the missing people are on.

Trinidad and Tobago receives $2.4 million parametric payout as excess rainfall claims 

Due to different hazard risk profiles for each of the islands in the twin-island republic, the Government purchases two separate CCRIF policies for excess rainfall – one for Trinidad and one for Tobago. This payout is being made on the excess rainfall policy for Trinidad.

Since Trinidad and Tobago purchased coverage for excess rainfall in 2017, the country has received payouts under its excess rainfall policy each year – five payouts totalling US$12.5 million. The Government of Trinidad and Tobago also has cover for tropical cyclones (one policy for Trinidad and one for Tobago) and for earthquakes.

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