More than 3 million homes and businesses in Florida were without...
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Milton’s insured losses will range from $30 billion-$50 billion: Fitch
Milton will push global industry insured losses thus far in 2024 to...
Catastrophe bonds dodge worst-case scenario after Milton
Overall, Icosa Investments AG now sees insured losses in the range...
Malaysia seeks U.N. climate adaptation funds amid deadly floods
Malaysia's National Adaptation Plan will focus on areas such as water, agricultural, and food security, public health, forestry, and infrastructure KUALA LUMPUR: Malaysia is seeking $3 million from the U.N. Green Climate Fund (GCF) to develop a national plan to adapt...
Extreme weather events cost the world billions in 2021, shows study
Worryingly such climate devastation is set to continue without action to cut emissions. Insurer Aon warns that 2021 is expected to be the sixth time global natural catastrophes have crossed the $100 billion insured loss threshold. All six have happened since 2011 and...
Philippine supertyphoon Rai ‘exceeded all predictions’ – forecaster
While it's unclear exactly how global warming is affecting the intensification of such storms, the UN's climate change agency has found it is "likely that the frequency of rapid intensification events have increased over the past four decades" as temperatures rise....
Over 2,000 people lost lives in natural disasters in 2021-22: Govt
According to data shared by the Jal Shakti Ministry in response to a question in Rajya Sabha, Maharashtra accounted for the highest number of deaths at 489, followed by 162 each in Gujarat and Uttar Pradesh. New Delhi: Over 2,000 people lost their lives due to...
Typhoon Rai weakens after pummelling central Philippines
Rai, which at one point intensified into a category 5 storm, the highest classification, toppled power and communication lines, complicating disaster response and efforts to collect information from typhoon-hit areas "It is not expected to cause massive damage...
AIIB to fund $150 million for making Chennai’s urban services green and resilient
Chennai faces tremendous infrastructure deficits and low service quality in core urban sectors such as water resource management, water supply and sanitation, urban mobility, solid waste management and public health Beijing: AIIB has approved the USD150-million...
Powerful quake strikes Indonesia; residents flee into streets
Alfons Hada Betan, head of East Flores Disaster Mitigation agency in Larantuka said there were no immediate reports of damage and the quake was felt for several minutes as people fled from their homes.People said on social media the earthquake was also felt strongly...
India to provide technical support on disaster resilience of infrastructure systems to 58 Small Island Developing States: Govt
Jitendra Singh,union minister of state (Independent Charge) Science & Technology India, UK, Australia, Fiji, Jamaica and Mauritius jointly launched an initiative, Infrastructure for Resilient Island States (IRIS) to provide technical support on disaster resilience...
Next pandemic could be more lethal than Covid, says Oxford vaccine creator
While the Covid-19 crisis is not over yet with the new super mutant Omicron spreading to 38 countries, the next pandemic could be even more lethal, said the creator of the Oxford/AstraZeneca vaccine Professor Sarah Gilbert. Delivering the 44th Richard Dimbleby...
Indonesia Semeru volcanic eruption kills 13; dozens injured
Semeru, the tallest mountain on Java island, threw up towers of ash and hot clouds on Saturday that blanketed nearby villages in East Java province and sent people fleeing in panic. The eruption severed a strategic bridge connecting two areas in the nearby district of...