by AIP Online Bureau | Sep 5, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
Poverty and unemployment will go up manifold from 21.9 per cent to over 36 per cent. Some 37 per cent population was hit by poverty after floods in 118 districts, as estimated by the Pakistan government Islamabad: The estimated economic loss to Pakistan from floods...
by AIP Online Bureau | Sep 3, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
With 1.1 million houses washed away and vital infrastructure destroyed such as schools, UNICEF’s Representative in Pakistan, Abdullah Fadil, explained that “ 18,000 schools have been destroyed and thousands of schools are now fully shuttered… So that means children...
by AIP Online Bureau | Sep 2, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance
This year heavy rains have triggered floods that inundated cities in China and South Korea and disrupted water and electricity supply in India, while drought has put farmers’ harvests at risk across Europe Insured losses from floods doubled to $80 billion globally...
by AIP Online Bureau | Aug 31, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The infusion of $1.16 billion by IMF might help unlock enough cash to get the country through the next couple of years — but the floods themselves have caused more than $10 billion of damage, much of which will end up boosting the country’s $255 billion in debt. If...
by AIP Online Bureau | Aug 30, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Of the five business sectors most vital to the global economy, manufacturing and distribution would be hit hardest by disasters costing $4.2 trillion as water scarcity disrupts production while storms and floods destroy infrastructure and inventory. read more Last...
