“The deadly heat waves and catastrophic floods we’ve seen in recent...
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Malawian govt receives $11.2 million insurance pay out for Niño-linked drought
Malawi had a drought insurance policy through the bank and the...
Divers retrieve bodies from Mike Lynch Yacht sunk off Sicily
Six people were likely trapped inside the Bayesian when it was hit...
China urges insurers to increase offerings for natural disaster coverage
Chinese insurers have received a total 376,200 claims relating to the Henan floods as of July 26, the CBIRC said, and the total payouts so far reached 492 million yuan.
Over 2 lakh hectare farmland damaged this year due to hydro-meteorological calamities: Tomar
The maximum damage was reported from Gujarat, followed by Kerala, Maharashtra, Uttar Pradesh, Karnataka, Odisha, and Goa in the said period.
Maha monsoon fury: 113 dead, 100 missing; CM visits rain-battered Chiplun
Maharashtra Chief Minister Uddhav Thackeray said they will require “central assistance for long-term mitigation measures”, and added that he will tour western Maharashtra on Monday and a comprehensive data of the extent of damages will be prepared.
China braces for Typhoon In-fa,Shanghai cancels flights
Hundreds of flights at Shanghai Pudong and Shanghai Hongqiao airports were cancelled and more were expected to be cancelled on Monday, state TV reported on its website. Shanghai closed parks and the riverfront Bund district, a popular tourist area.
PM Modi announces ex-gratia of Rs 2 lakh to kin of those killed in Kinnaur bridge collapse
According to Saju Ram Rana, Superintendent of Police, Kinnaur district, the nine persons who died were tourists traveling in a vehicle. A rescue team is present on the spot.
Rocks fell from a hill near Batseri to Sangla Chitkul road. 11 people, including the driver, were in the tempo traveler. The rest suffered injuries, along with another passerby who was walking on the road.
Maha: 47 villages cut-off in rain-hit Kolhapur district; 965 families shifted
According to the district administration, contact of as many as 47 villages in Shahuwadi, Panhala, Gaganbawda, Radhanagari, Ajra, Gadhinglaj, and Chandgad tehsils was cut-off from other parts due to roads leading to them getting submerged in rainwater.
Maharashtra landslides: PM Modi announces Rs 2 lakh ex gratia for next of kin of deceased
The Maharashtra government on Friday announced an ex-gratia of Rs five lakh each to the kin of people who have died in landslides triggered by heavy rains in different parts of the state.
As US wildfire threat grows, insurance capacity shrinks
Most wildfire losses that have hit the insurance market originated from California utility companies due to inverse condemnation, which states that private property owners are entitled to compensation if their property is damaged by the government or utilities.
While all U.S. states have such doctrines in place, California has been the only one to apply it for utility-related fires.
Natural disaster H1 insured losses hit a 10-year high of $42 billion
Floods in Europe since last week have likely caused $2-3 billion in reinsurance losses, analysts say. read more
Natural disasters were responsible for around 3,000 deaths globally in the first half, with 800 fatalities from the heatwave which hit parts of Western Canada and the U.S. Pacific Northwest in late June.
World Bank signs $125 million to support Resilient Kerala Program
The Resilient Kerala Program will focus on two key areas.
First, it will incorporate disaster risk planning in the master plans of urban and local self-governments to ease financial constraints on the state government when faced with unexpected shocks. Second, it will help make the health, water resources management, agriculture, and road sectors more resilient to calamities.