Prime Minister Narendra Modi Addressing a function to celebrate 150...
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LA blaze damage likely to be largest wildfire insured loss in US history
Estimating insured losses is difficult given that fires are not...
Tsunami advisory issued after 6.9-magnitude quake strikes Japan
"The quake's epicentre was at a depth of 30 km in the Hyuganada...
Aon launches dedicated unit to drive climate analytics and advisory into multiple sectors
More than 400 natural catastrophes caused $313 billion of damage worldwide in 2022 As climate change drives new extreme weather records, organizations need to better quantify the impact of climate risk. Aon's Climate Risk Advisory to help clients meet their reporting...
Wary of cyclone, Odisha gears up for calamity
IMD said the state government was informed that there was no possibility of any low-pressure formation in the Bay of Bengal in the next 15 days and therefore no possibility of a summer cyclone now Bhubaneswar: After being hit by summer cyclones for three consecutive...
Joshimath still to see enough long-term measures to address land subsidence, say experts
An environment expert, requesting anonymity, said satellite data analysis and geophysical subsurface investigation suggested that the crisis in Joshimath was caused by underground hydrological imbalance Demands of the Joshimath Bachao Sangharsh Samiti include...
Global Nat Cat economic losses reach $77 Billion in Q1 2023, the highest Q1 total in 12 years, Gallagher Re
Public and private insurance entities covered at least an estimated $22B of that total, resulting in a 72% or $55B protection gap, the portion of the economic loss not covered by insurance The February earthquake sequence in Turkey and Syria accounted for an estimated...
Maha: Lightning bolts, drowning claim 14 lives in 48 hours
In the worst single tragedy, seven persons were killed in Akola's Parasgaon village late on Sunday where a lightning bolt felled a 150-year-old neem tree on a tin shed at the Babuji Maharaj Sansthan ashram Many districts have suffered massive agriculture damage due to...
PM Modi calls for integrated response to disasters
Prime Minister Narendra Modi In his video address at the International Conference on Disaster Resilient Infrastructure 2023, he noted that 40 countries have become part of the Coalition for Disaster Resilient Infrastructure in a few years New Delhi: Prime Minister...
West Bengal records maximum coastline erosion in India between 1990 and 2016
Based on the observations highlighted in the 6th assessment report of the IPCC, the head of the energy economic programme of the Asian Institute of Technology and one of the authors of the same report, Joyashree Roy feels that the climatic hazards in the coastal belts...
World Bank approves $100 million to improve disaster response in Odisha
"The Program will help Government of Odisha scale up existing social protection systems to better protect vulnerable households from climate shocks," said Auguste Tano Kouame, the World Bank's Country Director for India. Washington: The World Bank's Board of Executive...
IPCC report a call to action for all, especially countries like India: Co-authors
As per the report's indicators, India, with a large coastline and millions of people surviving on the revenue they earn from fisheries, has many things to worry about. With the rise in seawater level, which the report documented as 3.7 mm per year between 2006 and...
Global insured losses from natural catastrophes break through USD 100 billion threshold again in 2022: Swiss Re
This reaffirms the trend of a 5–7% average annual increase in insured losses over the past three decades, reveals Swiss Re’s latest sigma report "The magnitude of losses in 2022 is not a story of exceptional natural hazards, but rather a picture of growing property...