L to-R-Hitesh Kotak, Chief Executive, Japan, India, Korea, and...
Category:
Disaster & Management
Latest
El Nino, La Nina forecast: Weather Agencies grapple with prediction challenges
An accurate read on the status of the El Niño-Southern Oscillation...
‘Rising temperature may increase probability of default in 30% of agri loan portfolio by 2030’
Almost half of the credit of scheduled commercial banks is...
Severe thunderstorms account for up to 70% of all insured natural catastrophe losses in 1H2023, Swiss Re
Severe convective storms – storms associated with thunder, lightning, heavy rain, hail, strong winds and sudden temperature changes – caused USD 35 billion (nearly 70%) in insured losses worldwide in the first half of 2023. This means that insured losses are almost...
Shah suggests Odisha to train people to handle chemical, nuclear disasters
Union Home Minister Amit Shah stressed on the adoption of standard operating procedures, appropriate preparedness and mitigation efforts by the state administration to save lives from incidents of lightning, heat waves and forest fires Bhubaneswar: Appreciating Odisha...
Europeans lack insurance protection as wildfires and drought batter the region
When it comes to disaster response, the ECB sees insurers as the first line of financial defense, backed up by reinsurers and the financial markets with instruments like catastrophe bonds. The global market for catastrophe bonds, which give insurers a payout when a...
Beijing records heaviest rainfall in at least 140 years, causing severe flooding and 21 deaths
The severity of the flooding took the Chinese capital by surprise. Beijing usually has dry summers but had a stretch of record-breaking heat this year China`s capital has recorded its heaviest rainfall in at least 140 years over the past few days. The city recorded...
Cyclone Biparjoy costs Gujarat economic loss of Rs 1212.50 cr
As per the memorandum received from the state government of Gujarat, a 1.33 lakh hectare area is reported to have been affected due to the cyclone 'Biparjoy', and it has projected a total economic loss of Rs 1212.50 crores in agriculture and horticulture crops in the...
Extreme heat rendering parts of the world too hot to insure
Rising temperatures are disrupting economic activity and daily life across the globe, sapping crops, drying rivers and raising sea levels. Scientists suspect the last several years have been warmer than any point in over 125,000 years Soaring global temperatures may...
Over 17,000 people died in floods and heavy rains between 2012-2021: Govt
Responding to a question in the Rajya Sabha, Minister of State for Jal Shakti Bishweswar Tudu said the increased incidence of high intensity rainfall of short duration is mainly responsible for urban floods, which is further compounded by unplanned growth,...
Weather tool used in India could help better predict floods in Sri Lanka: Study
Understanding the link between weather patterns and extreme rainfall is really important for helping Sri Lankan communities prepare and respond to deadly natural disasters and could ultimately save lives, the researchers said New Delhi: Applying weather forecasting...
Houses in Shimla at risk of sinking due to incessant rain
Continuous rains over the past few days have led to the sinking of land in a few villages in six panchayats with several families evacuated to safer places, Deputy Commissioner Shimla Aditya Negi told PTI. ''We will ask geological experts to conduct a survey to find...
India has adequate and sufficient insurance coverage for nuclear incidents
Jitendra Singh,Union Minister of State (Independent Charge) Science & Technology The minister informed that without any insurance or financial securities, the nuclear operator cannot operate the nuclear facilities, and the operator is also mandated to renew the...