by AIP Online Bureau | Aug 21, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Malawi had a drought insurance policy through the bank and the African Risk Capacity Group, an agency of the African Union. The funds will support food assistance to around 235,000 households in some of Malawi’s hardest-hit regions and also help with direct relief...
by AIP Online Bureau | May 12, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Weather across South America is affected by the El Nio climate phenomenon, a naturally occurring event that periodically warms surface waters in the equatorial Pacific. In Brazil, El Nio has historically caused droughts in the north and intense rainfall in the south,...
by AIP Online Bureau | May 9, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Hot, dry weather in Asia during El Nino last year prompted top rice supplier India to restrict exports following a poor monsoon, while wheat output in No.2 exporter Australia took a hit. But heavier rains in parts of the Americas boosted farm output prospects in...
by AIP Online Bureau | May 8, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
El Niño is caused by ocean currents that bring dry and hot weather to Southern Africa. Zimbabwe, Malawi and Zambia have declared national state of disasters The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations...
by AIP Online Bureau | May 6, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
It was the fourth such environmental disaster in a year, following floods in July, September and November 2023 that killed 75 people in total Heavy rains in the southern Brazilian state of Rio Grande do Sul killed 39 people, with another 68 still missing, the state...