India is ranked sixth among countries most affected by extreme...
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India needs a strong and responsive disaster financing architecture as a cornerstone of resilience: Indian PM’s advisor
PK Mishra, Principal Secretary to the Prime Minister had addressed...
Northeast flood situation critical toll rises to 36 over 5.5 lakh affected
In Assam, more than 5.35 lakh people were affected by the deluge in...
K’taka CM Siddaramaiah writes to Delhi to expedite releasing drought relief funds
Siddaramaiah,Chief Minister,Karnataka The chief minister pointed out that out of 236 taluks, 223 have been declared drought hit in Karnataka. Among them, 196 are categorised as severely drought affected Bengaluru: Karnataka Chief Minister Siddaramaiah on Wednesday...
Tokio Marine Holdings launches disaster prevention & mitigation subsidiary
Tokio Marine Resilience will promote comprehensive disaster prevention and mitigation solutions through planning, developing and providing new services Tokyo: Japanese major Tokio Marine Holdings, Inc. (TMHD”) has announced the establishment of a 100 per cent owned...
As devastated Acapulco rebuilds, other Mexico resorts urged to heed its lessons
As Acapulco rebuilds after the deadly Category 5 hurricane, climate experts, architects, engineers and politicians recommended steps Mexico should take. These include tougher building standards, improving flood water management and enhancing storm detection to avoid...
Earthquake of magnitude 3.1 jolts Manipur’s Churachandpur
Earlier in the day, an earthquake of magnitude 3.6 jolted Uttar Pradesh's Ayodhya at 1 am, according to the National Center for Seismology (NSC) New Delhi: An earthquake of magnitude 3.1 jolted Manipur's Churachandpur on Sunday evening. According to the National...
Nepal earthquake kills at least 128, toll could rise, officials say
Officials feared the death toll in Friday's quake could rise as they had not been able to establish contact in the hilly area near the epicentre, some 500 km (300 miles) west of the capital Kathmandu, where tremors were also felt. The district has a population of...
Odisha to spend Rs 2000 crores for disaster resilient infrastructure: CM Naveen Patnaik
Moreover, automated weather and rain gauge stations will be set up in every panchayat and the World Bank will provide financial assistance for 3,000 panchayats in this regard, the Chief Secretary said Bhubaneswar: Odisha to spend Rs 2000 Crores for disaster resilient...
Govt wants adoption of Property/Parametric covers to mitigate financial losses due to natural catastrophes
Vivek Joshi, Secretary, Department of Financial Services (DFS), for the first time on Wednesday met General Insurance Council and a few CEOs of private sector general insurance companies in New Delhi, to discuss several critical issues having implications for the...
Cat bond market is defying the global selloff with record returns
Big reinsurers like Swiss Re and Munich Re, as well as some real-economy companies, have increasingly looked to cat bonds as they try to protect themselves from once-in-a-lifetime disasters. In July, Blackstone Inc. turned to cat bonds to shield property assets from...
India to start monitoring high-risk glacial lakes next year
There are 56 at-risk glacial lakes in India and the urgency to monitor them was stepped up after Lhonak Lake in the eastern Himalayas burst its banks two weeks ago and caused widespread damage in Sikkim, a small mountainous state wedged between China, Nepal and Bhutan...
3.1 magnitude earthquake strikes Faridabad near Delhi
Experts say the impact of a large-scale earthquake can be reduced if people and institutions strictly comply with the bylaws and codes to build resilient structures.They say the resonant frequency of a building can play a critical role in determining the level of...