Category:

Eco/Invest/Demography

European satellites could help catch the next climate change disaster

The new climate models also have the potential to help investors make better decisions. Storms, fires and floods killed at least 8,200 people and cost the world $210 billion in insured losses in 2020, according to a report published this month by Munich Re. Those damages could swell as the world inches closer to crossing the 1.5 degree Celsius warming threshold that scientists predict will lead to more frequent superstorms and higher sea levels.

read more

U.S. Supreme Court wrestles with dispute over Baltimore climate suit against energy firms

Baltimore and the other jurisdictions are seeking damages under state law for the harms they said they have sustained due to climate change, which they attribute in part to the companies’ role in producing fossil fuels that produce carbon dioxide and other greenhouse gases. The claims involve oil production and marketing, not the harmful emissions themselves.

The plaintiffs, for instance, have said they have had to spend more on infrastructure such as flood-control measures to combat sea-level rise caused by a warming climate.

read more

Growth in health and protection biz to soften Covid-19 economic pressures on Indian insurers:Moody’s 

“Resilient sales of health and protection policies reflects rising consumer awareness of these products during the coronavirus pandemic, as well regulator’s actions enabling insurers to offer protection against the virus. Indian insurers have also rapidly developed their digital offering during the pandemic.Over the longer term we expect the industry to benefit as the government injects capital into publicly owned insurers, and as private insurers reinforce their solvency through a combination of capital raising and M&A, said Moody’s analysis on Indian insurance sector.

read more

NGT directs CPCB to ensure strict compliance of bio-medical waste management rules

The NGT bench headed by its chairperson Justice Adarsh Kumar Goel said that the standards of handling of Bio-medical waste need to duly comply and the authorities must ensure that waste is disposed of only through authorized agencies, common facilities are located as per guidelines and they must have Environment Clearance.

read more

Total 7.86 lakh healthcare workers got COVID-19 vaccine jabs till Wednesday 6 pm: Centre

Ten cases of adverse events following immunization (AEFI) — four in Delhi, two in Karnataka, and one each in Uttarakhand, Chhattisgarh, Rajasthan and West Bengal — have required hospitalisation so far, additional secretary in the Health Ministry Manohar Agnani said.

”There has been no case of serious/severe adverse event attributable to COVID-19 vaccination till date,” Agnani said.

read more

IRDAI constituted Panel suggests wide-ranging cyber liability covers 

Cyber risks have accelerated by as much as 500 per cent since the first lockdown was imposed in India in March 2020. There is an increase in coronavirus-themed spam,likely resulting in more infected personal computers and phones.

Global survey conducted by Swiss Re reveals that Individuals are more worried about financial losses resulting from illicit access of financial credentials, identity theft, data loss due to technical issues and breach of privacy.

read more