India’s Cloudburst Challenges:Insurance gaps & Future safeguards

India’s Cloudburst Challenges:Insurance gaps & Future safeguards

The entire Himalayan belt is increasingly vulnerable to cloudbursts, flash floods, landslides, and potential glacial lake outburst floods (GLOFs), all driven by changing monsoon patterns and accelerated warming in the region. These risks are not onlybecoming more...
Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re

Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re

Claudia Strametz, who leads Munich Re’s business for Germany and who is responsible for cyber business in Europe said, “Over the past 10 to 15 years, cyber insurance has experienced remarkable growth, evolving from a virtually non-existent product to a global...