ShakeNet Parametric reduces basis risk for parametric...
Category:
Disaster & Management
Latest
J-K: Five killed, 14 injured as landslide hits Mata Vaishno Devi route
The hill state of Himachal Pradesh, already reeling under the...
Europe’s wildfires burned the most land in nearly 20 yrs
Fire activity has surged in recent weeks as another blast of...
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...
Issuance of cat bonds set to hit a record this year
Catastrophe bonds are generally issued by insurers looking to pass a chunk of their risk over to capital markets. Issuance has picked up lately, with factors including climate change, population density and inflation adding to the potential losses that insurers face....
India’s disaster management moving forward with a ‘Zero Casualty Approach, says Home minister Shah
Amit Shah,Union Home Minister Shah also reviewed the preparations to deal with Glacial Lake Outburst Flood (GLOF) New Delhi: Emphasizing on optimum use of satellite imagery provided by the Indian Space Research Organization (ISRO) by various agencies for flood and...
Climate Change: The Era of Super-Wild Weather Is Already Here
Erich Fischer, a climate scientist at ETH Zurich, has been trying to do for heat something similar to what US researchers want to do for precipitation. His work in recent years has helped demonstrate that temperature records around the world are falling by greater and...
Bengal train mishap again brings ‘Kavach’ safety system under spotlight
Senior Northeast Frontier Railway (NFR) official said, “Kavach has not been installed yet in the section where the accident occurred. However, this is part of the High-Density Network (HDN) and Highly Used Network (HUN) routes identified for the implementation of...
13 people killed and 30 injured as Sealdah-bound Kanchanjungha Express collides with a goods train
"Unfortunate accident in NFR zone. Rescue operations going on at war footing. Railways, NDRF and SDRF are working in close coordination. Injured are being shifted to the hospital. Senior officials have reached site," posted Union Railway Minister Ashwini Vaishnaw on X...
IRDAI asks insurers to fast track cyclone Remal claims
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: As the cyclone Remal have caused widespread loss of lives, property...
Provide compensation to families of those killed in heatwave: Rajasthan HC to govt
The court said there was a need to declare heatwaves and cold waves "national calamities" and looking at the fact that a large number of people have lost their lives due to extreme heatwaves and heatstrokes during summers and chilling cold during winters, it was high...
Remal weakens into cyclonic storm, expected to move northeastwards: IMD
Scenes of widespread devastation were evident across West Bengal's coastal areas, with extensive damage to infrastructure and property, a day after Cyclone Remal tore through the coasts of Bangladesh and West Bengal with winds reaching speeds of 135 km per hour New...