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Flood fury causes massive damage in Telangana. State govt put initial estimate at Rs 5,438 cr

by AIP Online Bureau | Sep 8, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

Crops have been damaged in about five lakhs of acres, canals and ponds breached, bridges, roads and railway tracks were washed away and electric sub-stations and electric poles were damaged.state government has put the initial estimate at Rs 5,438 crore. Hyderabad: A...
South Korea flood death toll rises to 40, Yoon blames botched responses

South Korea flood death toll rises to 40, Yoon blames botched responses

by AIP Online Bureau | Jul 17, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The incident fueled questions over South Korea’s efforts to prevent and respond to flood damage. Some drivers who use the road regularly blamed the government for failing to ban access to the underpass even though floods were widely forecast South Korean President...

Raging Yamuna swells to record level in Delhi

by AIP Online Bureau | Jul 12, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management

New Delhi: The Yamuna in Delhi swelled to 207.55 metres on Wednesday, breaching its all-time record of 207.49 metres set in 1978, government agencies said on Wednesday. According to the Central Water Commission’s (CWC) flood-monitoring portal, the water level at...
Flood situation worsens in Assam, over 34,000 hit

Flood situation worsens in Assam, over 34,000 hit

by AIP Online Bureau | Jun 21, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

At present, 523 villages are under water and 5,842.78 hectare of crop area has been damaged across Assam, ASDMA said Guwahati: The flood condition in Assam deteriorated marginally on Tuesday, with nearly 34,000 people reeling under the impact of the deluge across nine...

Asian Development Bank to provide $2.3-$2.5 bn for flood ravaged Pakistan

by AIP Online Bureau | Oct 6, 2022 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, International News, Policy

According to the federal government’s estimate, the floods have caused a collective loss of more than USD 40 billion Islamabad: The Asian Development Bank on Wednesday announced that it will provide USD 2.3 to 2.5 billion for relief operations in the wake of...
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