The ministry has chosen 10 pilot locations for the project — the...
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Insurers withdrawing coverage for climate-driven risks, passing on losses to governments and homeowners
Property insurers have already scaled back — or even canceled —...
World Bank and Generali partner to advance insurance, resilience and investment solutions in emerging markets
LtoR: Andrea Sironi, chairman of Generali Group,Ajay Banga,...
China says flash flood disaster caused by high-altitude glacier collapse in Nepal
Scientists are examining how a possible glacial collapse and ice-rock avalanche may have triggered the devastating flash floods along Nepal's Bhotekoshi River, with preliminary assessments indicating that debris may have temporarily blocked the Lhende River and...
Himalayan Flood Fury: Death toll rises to 469 as lake poses new flood threat,1,500 people are missing
Scientists who’ve studied satellite images said bedrock underneath a glacier high in the Himalayan region had collapsed, taking part of the glacier with it. The rocks and melted water swelled the rivers in the valleys below, causing a torrent of water that swept...
558 people are missing in Tibet after floods that left hundreds of others also missing in Nepal
Chinese state broadcaster CCTV reported that 260 of the 558 missing people were foreigners and two villagers were rescued. At least three people were killed as of Thursday morning, it said. UDIN DHUNGA, Nepal:China’s Xinhua News Agency said Thursday that mudslides in...
Sudden flood sweeps through northern Nepal, Nearly 100 killed, over 750 missing
Nepal Foreign Minister Shisir Khanal told the parliament that an earthquake hit the Tibet region at 8:37 am (local time) and the flash floods were reported three minutes later, suggesting the tremors may have caused a glacial outburst which triggered the floods. The...
SEBI launches Cyber Suraksha Portal for cyber alerts, vulnerability warning
"Through this portal, market participants can directly access the latest cybersecurity circulars, vulnerability warnings and incident insights," SEBI said Mumbai: The Securities and Exchange Board of India (SEBI) on Monday launched the Cyber Suraksha Portal, a...
At least 47 dead in eastern Indonesia after magnitude 7.7 quake
Authorities issued a tsunami warning and urged coastal residents to move to higher ground, but later lifted the warning when Indonesia’s meteorological agency said monitoring showed no significant sea-level changes that posed a threat to coastal communities. Some...
Uttarakhand: 7 dead in tunnel tragedy in Chamoli; search on for 3 missing
The incident occurred in a tunnel at Mayapur (Pipalkoti), when landslides and subsidence caused debris and water to fill half of the tunnel, trapping workers inside. GOPESHWAR (UTTARAKHAND): Seven workers died when water gushed inside a tunnel under construction at a...
Kerala partners with SAS to strengthen social welfare schemes delivery using Artificial Intelligence
The collaboration marks an important milestone in Kerala’s ongoing efforts to harness advanced analytics and artificial intelligence to drive enhanced transparency in beneficiary selection, and establishment of a safety net for disaster prevention,mitigation, and...
Liberty Mutual Reinsurance makes world’s first earthquake parametric payment triggered by Safehub’s Shake Network
Jean-Christophe Garaix, head of parametrics and agriculture at Liberty Mutual Reinsurance, said: "Parametric insurance is increasingly being used to support natural catastrophe events. We deliver sophisticated parametric solutions which help clients in their times of...
Changing Hazards:Benign H1 2026 masks rising natural catastrophe risk, finds Swiss Re
Wildfire risk has so far accounted for only a relatively small share of insured losses in Europe. Yet it is the fastest-growing weather peril globally. Insured wildfire losses in Europe have increased by an estimated 8–11% per year in real terms since 1970, Swiss Re...