Incessant rainfall has triggered landslides in Gasuapara region of...
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More than 1-in-3 people globally vulnerable to flood Risk, says Moody’s
South Asia is the most flood-prone region, with almost 40% of its...
Govt allows non-forest depts to undertake disaster prevention work in forest areas
In a letter to states and Union territories on Tuesday, the...
Cargo ship with Lamborghinis, Porsches, Audis aboard drifts in Atlantic
An internal email from Volkswagen's U.S. operations revealed there were 3,965 Volkswagen AG vehicles aboard the ship. Headquartered in Wolfsburg, Germany, the group manufactures its Volkswagen brand, as well as Porsche, Audi, and Lamborghini- all of which were in tow...
Tokio Marine invests & collaborates with satellite imaging specialist ICEYE
The Tokio Marine Group has been utilizing technology to make prompt insurance payments in order to provide customers with a sense of safety and security as quickly as possible. In the event of large-scale flooding, satellite data and AI can be used to determine the...
Australia finalises $10 billion cyclone Reinsurance Pool
The pool is expected to reduce insurance premiums by up to $2.9 billion for eligible household, strata and small business insurance policies over 10 years Homeowners in northern Australia with the most acute cost pressures are expected to benefit from up to 46 per...
Earthquake of magnitude 5.7 hits J-K
The tremors caused panic among people who rushed out of their homes. It also damaged the spire of the revered shrine of Sheikh Noor-ud-Din Noorani, popularly known as “Nund Rishi” at Chrar-e-Sharief in Central Kashmir’s Budgam district, the officials said Srinagar: A...
Global Nat Cat insured losses at $116 billion in 2021, more than 60% higher than average: Gallagher Re
By region, North America accounted for the largest proportion of the loss at 68%, followed by Europe, Middle East & Africa at 23%, Asia Pacific at 8% and Latin America and the Caribbean at 1%. By peril, tropical cyclones were the most impactful, responsible for...
Global Cat economic losses hit $343 billion in 2021, up from $297 billion in 2020:Aon
Only 38 percent of natural peril losses were covered by insurance, an improvement from last year CHICAGO: Aon plc’s 2021 Weather, Climate and Catastrophe Insight report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from...
Seven dead, 16 injured in massive fire in central Mumbai high-rise
"It is a ground plus 20-storey building. The blaze erupted around 7 am in Kamla building located opposite Gandhi Hospital at Gowalia Tank,when many of its residents were still asleep The fire broke out on its 18th floor. Several persons were injured in the incident...
Drinking water, ash big concern as Tonga damaged after tsunami
The eruption of the Hunga-Tonga-Hunga-Ha'apai volcano triggered a tsunami on the shores of Tonga and cut off phone and internet lines for the entire island. International communication has been severely hampered by damage to an undersea cable, which could take more...
Explainer: Scientists struggle to monitor Tonga volcano after massive eruption
Saturday's eruption was so powerful that space satellites captured not only huge clouds of ash but also an atmospheric shockwave that radiated out from the volcano at close to the speed of sound Some volcanologists are likening the eruption to the 1991 Pinatubo...
Tsunami threat recedes from huge Pacific volcanic eruption
Following Saturday's eruption, residents in Hawaii, Alaska and along the U.S. Pacific coast were advised to move away from the coastline to higher ground and to pay attention to specific instructions from their local emergency management officials, said Snider ``We...