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India needs national disaster pool to hedge natural disaster risks: Report

by AIP Online Bureau | Nov 26, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Since 2001, a total of 100 crore people have been impacted and nearly 83,000 lost lives due to these disasters. If the losses are adjusted with current prices, the losses come out to a staggering Rs 13 lakh crore or 6 per cent of the GDP, State Bank of India (SBI)...

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