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Disaster & Management

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Bengal flood situation improves with decrease in rainfall, water receding

The district authorities have been instructed to keep adequate rations, medicines and clothes at the shelters and to be ready to tackle the outbreak of any water-borne diseases. At least 23 people died in the flood. A Damodar Valley Corporation official said it released 40,000 cusec of water from its barrages on Sunday.

Several places in Purba Bardhaman, Paschim Bardhaman, Birbhum, Paschim Medinipur, Hooghly, Howrah and South 24 Parganas have been affected by floods owing to heavy rain and overflowing rivers.

Moody’s to acquire risk modelling firm RMS for $2 billion

The acquisition will immediately increase Moody’s insurance data and analytics business to nearly $500 million in revenue and will accelerate the development of the company’s global integrated risk capabilities to address the next generation of risk assessment.
With over 400 risk models covering 120 countries, RMS is the world’s leading provider of climate and natural disaster risk modeling serving the global property and casualty (P&C) insurance and reinsurance industries.

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