Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …
SC Asks Why Farmer Suicides Are Up Despite Centre's Much-Hyped Scheme With a spurt in farmers' suicides in the recent past, the Supreme Court on Thursday questioned the Centre's much-hyped crop insurance scheme but upon the intervention of attorney general K K Venugopal, it agreed that the problem was far …
Aviva(AV.L), Aegon NV (AEGN.AS) and MS Amlin (APLCF.PK) said fossil fuel subsidies were at odds with commitments by G20 nations to combat global warming agreed by almost 200 countries last year at a Paris summit. "Climate change in particular represents the mother of all risks," Aviva CEO Mark Wilson said …
Question raised in Rajya Sabha on Implementation of Pradhan Mantri Fasal Bima Yohana, 05/08/2016. Total 16 insurance companies including all concerned Public Sector Insurance Companies and 11 Private Sector General Insurance Companies have been empanelled for implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY). Names of these Companies are given …
Operating without licence, many illegal centres thrive on city’s roadsides in worn-out vans The recent arrest of three youths have brought the focus back to the illegal air pollution check centres thriving in the city. While the District Transport Department seemed to be incapable of keeping a close watch on …
Climate change poses a double threat to the insurance industry. It faces mounting costs from claims relating to the physical impacts of climate change and knock-on events such as the disruption of global supply chains. At the same time, the investment portfolios that enable it to meet claims are themselves …
In recent years, typhoons have struck the Philippines and Vanuatu; earthquakes have rocked Haiti, Pakistan, and Nepal; floods have swept through Pakistan and Mozambique; droughts have hit Ethiopia, Kenya, and Somalia; and more. All led to loss of life and loss of livelihoods, and recovery will take years. One of …
The world’s insurers, banks and pension funds are "inherently susceptible" to threats from climate change and must make adjustments, from shifting investment toward environmentally friendly industries to revamping strategies to reduce risk, said the Global Risk Institute. Climate change is a top priority that must be addressed systemically and without …
Insured losses from the May wildfires in Fort McMurray, Alberta, are expected to total C$3.58 billion ($2.76 billion), making it the costliest-ever Canadian natural disaster, an insurance industry group said on Thursday. The losses far exceed those from the Alberta floods of 2013, which cost about C$1.7 billion in claims, …
Rs. 10 lakh coverage for small premium; govt. will pay for people from EWS “Nobody should die for want of money”, is the simple philosophy behind the Aam Aadmi Party’s (AAP) latest and most ambitious project — a health insurance scheme to cover every citizen of the Capital. All set …
A leading private insurance company's report has revealed that the number of people applying for mediclaims during monsoon was higher in 2015-16 than in 2014-15, indicating that the incidence rate of infectious diseases was increasing. The pan-India study further stated that Mumbai led the chart with highest number of claims …
The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance schemes in nine states to examine the efficacy of such initiatives in providing relief to farmers in the event of crop damage. The performance audit will include examination of records of Department of Agriculture Cooperation and …
Bengaluru: Farmer suicides along with the state's poor record in crop insurance schemes is a huge concern for the Karnataka Agriculture Prices Commission (KAPC). The percentage of farmers utilizing the Prime Minister's Fasal Bhima Yojana (crop insurance scheme) in the state is just 13, against the national average of 20%. …
The US insurance industry, the country’s second largest institutional investor in oil, gas and coal with $459bn in fossil fuel investments, needs to divest or face serious threats to its financial stability, according to a report released Tuesday. The report, funded by Ceres, a Boston-based sustainability advocacy group, analyzes investment …
Plan will be expanded from the current Rs 53,000 cr to Rs 68,000 cr The state government has set a target to bring 20 lakh farmers, who have never taken loan, under the state credit plan 2016-17. The proposal has been conveyed to the Centre and would require an expansion …
The Centre is now going to entrust the responsibility of getting more number of farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) with banks, a senior agriculture ministry has said. States such as Andhra Pradesh, Jharkhand, Odisha, West Bengal, Himachal Pradesh, Uttarakhand and Andhra Pradesh have already awarded contracts …
Climate activists are targeting the role of insurance companies in the expansion of fossil fuel production, highlighting the impact of extreme weather events on their bottom line. “We’ve already targeted banks and super funds, so insurance companies are the next frontier,” said Dan Gocher from the financial activist group Market …
The clustering of severe European windstorms on annual timescales has substantial impacts on the (re-)insurance industry. Our knowledge of the risk is limited by large uncertainties in estimates of clustering from typical historical storm data sets covering the past few decades. Eight storm data sets are gathered for analysis in …
Financial bids to be opened on May 25, scheme to be rolled out in a month PANJIM: For the first time in the country diabetes insulin will be covered under a State health insurance scheme, which is all set to be rolled out by the government in May this year. …
The floods in Chennai last year caused an economic loss of $2.2 billion, out of India's total economic loss of $6.2 billion suffered due to disasters in 2015, says a study by reinsurance company Swiss Re. In a statement issued on Wednesday, Swiss Re said the total economic losses suffered …
The recent Chennai floods may have brought the normalcy to city people, but loss of property and lives are still haunting the insurance industry with a stack of huge claims. The insurance industry, especially general insurance sector, has estimated that the claims could touch Rs 5,000 crore for this financial …
