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Disaster is directly linked to climate change: Amit Shah
This Bill does not infringe on the federal structure. The primary...
At least 33 dead as tornadoes ravage central US
"Numerous significant tornadoes, some of which may be long-track...
African children bearing the brunt of climate change impacts
Children in 48 out of 49 African countries assessed were found to be at high or extremely high risk of the impacts of climate change, based on their exposure and vulnerability to cyclones, heatwaves and other climate and environmental shocks, and access to essential...
Hong Kong to be hit super typhoon Saola, biggest typhoon in 3 yrs
“This can be a very destructive typhoon,” the chief secretary said Thursday, flanked by heads of various government departments. “We hope to minimize the damage.” Hong Kong was starting to feel the impact of Super Typhoon Saola as winds reached hurricane force and...
Munich Re launches parametric driven NatCatcover for small borrowers in India
``We worked with the insurers and launched product that pays if the event happens and the trigger is met. This expedites the payout and the small borrowers receives money in real time of need. This addresses the bottom most section of the Pyramid,’’ said Hitesh Kotak,...
Global reinsurers pull back from natural catastrophe cover, says Fitch
Natural catastrophe business has become largely loss-making in recent years as prices have failed to keep pace with increasingly frequent, severe and volatile weather-related losses due to climate change. This has reduced reinsurers’ appetite to provide natural...
Climate change fingerprints all over monsoon this year, say experts
''The message is clear: the monsoon is becoming more variable. Increased variability means more extreme weather and dry spells. What we're witnessing now aligns with the studies on the impact of climate change on the Indian monsoon,'' Madhavan Rajeevan, said former...
Moody’s RMS estimates $4 to 6 billion in economic losses from Hawaii Wildfires
Michael Young, Vice President, Product Management, Moody’s RMS, noted: “When the rare situation of high wind and wildfire ignitions do occur again in the future, we need to be sure all the buildings comply with scientifically proven risk reduction features highlighted...
Insured losses from natural catastrophes set to top $100 billion in 2023
More than two-thirds of the insured losses were as a result of severe thunderstorms in the US. The 12-figure threshold is likely to be passed even though just $5 billion of the $40 billion in damages caused by the year’s most devastating event — the earthquake that...
2038 dead due to floods, landslides, lightning since April 1: MHA Data
Altogether 892 people drowned due to floods, 506 died due to lightning and 186 lost their lives due to landslides during from April 1 to August 17, according to the home ministry data New Delhi: As many as 2,038 people lost their lives due to floods, lightning and...
Govt tests ’emergency alert system’, sends sample message to several users
The government is working with the National Disaster Management Authority to improve preparedness for disasters such as earthquakes, tsunamis, and flash floods. Last month, the government tested the same alert with several users in the country New Delhi: The...
What are China’s ‘sponge cities’ and why aren’t they stopping the floods?
Breakneck urbanization has encased vast stretches of land in impermeable concrete, often along banks of major rivers that traditionally served as flood plains. With wetlands paved over and nowhere for surplus water to settle, waterlogging and flooding was commonplace...