Category:

Disaster & Management

US business owners seek increased insurance protection amid mounting risks – study

β€œThe devastation caused by natural disasters has heightened urgency for adequate protection,” CEO Patrick Gallagher told Reuters, adding that there is ongoing demand for insurance coverage to secure properties, homes and businesses from potential damages and losses...

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Severe thunderstorms account for up to 70% of all insured natural catastrophe losses in 1H2023, Swiss Re

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...

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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...

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