The case in Japan follows similar global lawsuits in which groups...
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Total global insured losses in 2025 at $107 billion, 24% lower than $141 billion recorded in 2024
Balz Grollimund, Swiss Re's Head Catastrophe Perils, says: "We are...
Cyclone Ditwah causes nearly Rs 75 billion damage to Sri Lanka’s infrastructure
It was pointed out that some 316 roads and 40 bridges under the...
Landslides, blocked roads hamper flood rescue efforts in Uttarakhand
Weather experts and geologists told media the cause of the havoc needed to be investigated in the absence of heavy rain in the area on Tuesday, adding that they suspected the cause could be a glacial lake outburst flood RISHIKESH: Rescuers battled heavy rain and...
Cloudburst leads to flash floods in Uttarkashi, several homes swept away
"The news of heavy losses due to cloudburst in Dharali (Uttarkashi) area is extremely sad and painful. SDRF, NDRF, district administration and other related teams are engaged on war footing in relief and rescue operations," Chief Minister Pushkar Singh Dhami said in a...
Tsunami warnings fading after one of the largest earthquakes ever recorded
The danger had largely passed more than a day after the 8.8 magnitude quake, which was centered off the coast of the Kamchatka Peninsula in Russia’s Far East. No major damage was reported and tsunami warnings were canceled in most areas. HONOLULU: One of the most...
Tsunami Warnings: All 10 most powerful earthquakes recorded in modern history located on the Ring of Fire
The Pacific region is highly prone to powerful earthquakes and resulting tsunamis because it’s located in the so-called Ring of Fire, a region of heightened seismic and volcanic activity At about 11:30 am local time on Wednesday, a magnitude 8.8 earthquake struck off...
Powerful quake in Russia’s far east causes tsunami, Japan and Hawaii order evacuations
The shallow earthquake damaged buildings and injured several people in the remote Russian region, while much of Japan's eastern seaboard - devastated by a 9.0 magnitude earthquake and tsunami in 2011 - was ordered to evacuate. Workers evacuated the stricken Fukushima...
Global natural disasters cause overall losses of around $ 131bn,insured losses at $ 80bn in H1 2025, says Munich Re
Thomas Blunck, Member of the Board of Management After the record year of 2024, the current year is again on its way to ranking among the warmest since the beginning of systematic record-keeping. Based on NOAA data, the annual average global temperatures in the first...
ICICI Lombard and AWS enable seamless business continuity with automated Disaster Recovery solution
ICICI Lombard in collaboration with Amazon Web Services (AWS), has completed a major upgrade of its disaster recovery (DR) infrastructure from AWS Asia- Pacific (Mumbai) Region to AWS Asia Pacific (Hyderabad) Region, backed by a fully automated, cloud-native setup....
Natural disasters like floods emerge as top reason for buying home insurance in India: Survey
The survey highlighted that 41 per cent of the respondents in last 6 months consider natural calamities such as floods, earthquakes, and storms as the primary reason to purchase home insurance. These events have made people realise the importance of securing their...
Deadly Flash Floods in Asia and U.S: Urgent need for early warnings
“Flash floods are not new, but their frequency and intensity are increasing in many regions due to rapid urbanization, land-use change, and a changing climate. Rising temperatures play a role because each additional degree Celsius of temperature increase allows the...
Extreme Weather: Euro Zone could lose 5% of GDP, says ECB
“Climate-related risks are an immediate concern for financial stability and economic growth,” Stracca and Bundesbank board member Sabine Mauderer said in a blog published by the ECB Extreme weather events such as heatwaves, flooding and wildfires could wipe as much...