"The dramatic rise of trade and geopolitical risk highlights a new...
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New Zealand makes changes in earthquake-prone buildings its assessment to reduce costs
“While well intentioned, the current system for assessing and...
Heat, Air Quality & Insurance Costs: How climate change is affecting our homes – and our health
Ang Li, Melbourne School of Population and Global This year, ten...
SC to hear on May 8 plea on Uttarakhand forest fires
The petition has sought directions to the Centre, the Uttarakhand government and the principal chief conservator of forests in the state to make pre-fire arrangements and frame a policy to prevent forest fires New Delhi: The Supreme Court said on Monday it will hear...
UN officials urge swift action to tackle El Niño-induced extreme weather
The current El Niño event began in mid- to late 2023, causing the ocean’s temperature to rise, and its impact has already decimated farming in southern Africa, triggering crop shortfalls and rising commodity prices. At the same time, flooding in Kenya has affected...
Insurance Development Forum commits $ 900,000 for risk modelling
``2023 witnessed significant progress across all three pillars – implementation, engagement, and advocacy – fuelled by the trust and dedication of our partners. 2024 presents the opportunity to do much more, and we believe that by acting together as a global community...
Over 500 relocated to safety as sinking land threatens homes in Ramban, J-K
A total of 100 households were affected as 58 houses got completely damaged due to the land subsidence, the official said, adding that so far 500 people have been evacuated and provided shelter at safer places. Jammu: More than 500 people have been relocated to safer...
Here’s why experts don’t think cloud seeding played a role in Dubai’s downpour
“When we talk about heavy rainfall, we need to talk about climate change. Focusing on cloud seeding is misleading,” said Imperial College of London climate scientist Friederike Otto, who heads a team that does rapid attribution of weather extremes to see if they were...
Invest in disaster resilience today for safer tomorrow: Indian PM Modi
"Earthquakes destroy houses, making thousands of people homeless. Natural disasters can disrupt water and sewage systems, putting the health of people at risk. Some disasters can impact energy plants, leading to potentially dangerous situations. These things have a...
Many extreme events of 2023 in line with predictions of warmer world study finds
"Many of 2023's events are consistent with projected future changes in a warmer world, showing the challenges that are to come, while some were a surprise, suggesting there is still more to learn about what's potentially around the corner," Wenxia Zhang from the...
El Niño to trigger drought insurance payouts in four southern African states
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region. Zimbabwe is expected to harvest about 60% less of the regional staple this year than it did in 2023 and together with Malawi and Zambia has declared a...
Dubai faces heavy disruption as flooding worsens
The heavy rains across the desert nation came after cloud seeding. The UAE has been carrying out seeding operations since 2002 to address water security issues, but the lack of drainage in many areas can trigger flooding, including in cities such as Dubai that’s a...
Cargo owners may bear portion of damages from Baltimore Bridge disaster
General average is a maritime legal concept usually written into bills of lading or other contracts signed among parties to shipping transactions. It revolves around the principle of shared sacrifice and dates back to ancient times, before insurance, when ships often...