Changing climates: the heat is (still) on
The world is getting warmer and natural hazards are becoming more intense, likely bringing higher economic losses in the future. Today, four major weather perils result in expected economic losses of USD
Insurance
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Country’s first-ever flood insurance scheme launched
The first-ever flood insurance scheme was launched in the country on Tuesday, aiming to compensate flood victims and help them fight natural disasters. Disaster Management and Relief Minister AH Mahmood
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Country’s first-ever flood insurance scheme launched
DHAKA : The first-ever flood insurance scheme was launched in the country on Tuesday, aiming to compensate flood victims and help them fight natural disasters, reports UNB. Disaster Management and Relief
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Rs 600 crore released under national agriculture insurance
Funds of Rs 600 crore have been released till July 31st this year under the National Agricultural Insurance Scheme (NAIS) said Tariq Anwar, minister of state for agriculture and food processing industries.
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CNG vehicle drivers in Delhi to get insurance cover
Within the next three to four months, all the 2.5 lakh CNG vehicle drivers in the Capital will be covered by insurance policies with provisions for relief in case of accident, partial disability and permanent
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Climate change altering insurers’ risk assessment: Think tank
Climate change is creating more frequent and more unpredictable extreme weather events, forcing insurers to change how they assess the risk of natural disasters hitting a specific area, the Geneva Association
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Market-based mechanisms for climate change adaptation
This report examines economic and insured costs of natural disasters due to extreme weather and the role of public sector insurance mechanisms to encourage risk reduction and resilience building. The economic
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Chinese climate finance gap to exceed 1t yuan by 2015
An international climate report issued on Thursday said China will have to attract nearly 2 trillion yuan ($322 billion) in investment by 2015 in order to honor its commitment to fight climate change.
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Disasters caused $186 bn in damage last year
Natural and man-made disasters caused $186 billion (152 billion euros) in damages worldwide last year, according to a calculation released on Wednesday by the Swiss re-insurance group Swiss Re. Of that
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Insurance only part of disaster resilience, says climate change panel
Expert warns that people should not be seduced by disaster insurance, saying it is not a panacea for weather-related shocks In most developing countries, farmers risk losing their crops and livestock
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The challenge of institutional investment in renewable energy
Institutional investors, which together manage assets of over $70 trillion, often have investment objectives that are aligned with the investment profile of infrastructure. At first glance, access to this