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Seven dead more than 40 injured in massive blast at chemical factory in Thane district
Five men and two women were killed in the incident but their bodies...
Swiss Re Foundation aims to boost health and environmental innovations through Shine Southeast Asia
The programme which seeks to boost innovation in critical impact...
Earthquake of magnitude 6.0 strikes India’s Assam-USGS, some buildings damaged
According to a Reuters witness, strong tremors were repeatedly felt in several northeastern parts of India and neighbouring Bhutan, forcing hundreds of people to run out of their homes.
After the quake, India’s National Disaster Management Agency was assessing reports of destruction and casualties, said an official at the agency who asked to remain unidentified.
Uttarakhand glacier burst: 8 killed, 384 rescued
The Indian Army informed, “A BRO (Border Roads Organisation) Camp came under an avalanche in the afternoon of 23 Apr during heavy snowfall in Sumna area of Joshimath Sector in Chamoli district of Uttarakhand. While 55 BRO persons could be mustered at first count, blizzard conditions kept rescue operations at bay till late evening.”
Cyclone Amphan of 2020 resulted in USD 14 bn economic losses in India UN report
The report also noted that India had one of its two wettest monsoon seasons since 1994, with nationally-averaged rainfall for June to September 9 per cent above the long-term average. Heavy rain, flooding and landslides also affected the surrounding countries.
More than 2 000 deaths were reported during the monsoon season in India, Pakistan, Nepal, Bangladesh, Afghanistan and Myanmar, including 145 deaths associated with flash flooding in Afghanistan in late August and 166 deaths associated with a landslide at a mine in Myanmar in early July following heavy rain.
‘Average’ Atlantic hurricane season to reflect more storms
The updated averages for the Atlantic hurricane season have increased with 14 named storms and 7 hurricanes. The average for major hurricanes (Category 3, 4 or 5) remains unchanged at 3. The previous Atlantic storm averages, based on the period from 1981 to 2010, were 12 named storms, 6 hurricanes, and 3 major hurricanes.
Strong earthquake kills 6 people in Java, Indonesia; no tsunami warning
It was the second deadly disaster to hit Indonesia this week. On Sunday, a downpour triggered by Tropical Cyclone Seroja killed at least 165 people and damaged thousands of houses. Some were buried in either mudslides or solidified lava from a volcanic eruption in November, while others were swept away by flash flooding.
U.S. rolls out first update to flood insurance pricing in 50 years
National Flood Insurance Program currently provides $1.3 trillion in coverage through more than 5 million policies in the U.S., but has been losing money for years and is currently $20.5 billion in debt.
Global nat cat insured losses at $ 89 billion in 2020, fifth-costliest year since 1970:Swiss Re
According to Swiss Re’s Sigma report, released on Tuesday, natural catastrophes in 2020 caused global economic losses of USD 190 billion of which the insurance industry covered USD 81 billion.
Australians assess flood damage, accelerate clean-up
The Insurance Council of Australia, the main industry body, said more than 25,600 insurance claims worth about A$385 million($293.1 million) had been lodged by Friday and it expects more to be filed.
Climate change set to drive more deadly heat in South Asia
If warming hits 2C, the number of South Asians exposed to unsafe temperatures could rise two-fold, and nearly three times as many people could face lethal heat, the study said. In a region home to a quarter of the world’s population that could have a big impact on the ability of workers to produce crops in breadbasket regions such as West Bengal and Uttar Pradesh in India and Punjab and Sindh in Pakistan, study authors said.
Lloyd’s launches pioneering parametric earthquake insurance policy in New Zealand
The new product Bounce is designed to provide New Zealanders with affordable earthquake insurance and fast claims payments, to support customers’ needs following an earthquake and quickly cover immediate expenses incurred. It does this by tracking Peak Ground Velocity (PGV) which triggers payment at levels of 20 centimetres per second and above.