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DISASTER RISK INSURANCE
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
Extreme weather to drive $20 trillion in global spendingAnalysts note that companies involved in environmental adaptation and mitigation have already outperformed the broader market significantly.
Indian Navy's posture during Op Sindoor dented Pakistan's maritime economy: Admiral Dinesh K TripathiIndian Navy Chief Admiral Dinesh K Tripathi highlighted an unprecedented operational tempo in 2025, clocking nearly 11,000 ship days and ov...
There are bulls and bears, and also ducks. When Warren Buffett warned against being a stock market duckWarren Buffett mentioned a metaphor that should haunt every investor who has ever felt clever during a rising market: The preening duck tha...
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
$1 million home or $1 million in 401(k)? The retirement choice that could change your future$1 million home vs 401(k) retirement strategy: Housing prices have jumped nearly 55% since 2020, and that single number is reshaping the $1...
Climate crisis is a gender issue, women face higher risks, less representationClimate change disproportionately impacts women, who are often excluded from decision-making despite their crucial roles in crisis response...
Climate disasters cost India $12 billion in 2025: Why ecology is key to economic growthClimate disasters are impacting India's economy significantly. Floods and heatwaves cause substantial losses and reduce productivity. Curre...
Can catastrophe bonds save India from the financial burden of natural disasters?India is exploring catastrophe bonds ('cat bonds') to manage financial risks from earthquakes and extreme weather. These bonds transfer ris...
Pooling together to tackle riskIndia needs a diversified financial strategy to manage disaster risks, as about 90% of economic losses from natural disasters remain uninsu...
PK Mishra calls for expanding insurance coverage across diverse sectorsPrime Minister's principal secretary P K Mishra was speaking at a National Disaster Management Authority (NDMA) workshop on 'Why Disaster R...
P K Mishra calls for expanding insurance coverage across diverse sectorsPrime Minister's Principal Secretary P K Mishra has called for a strategic vision to expand insurance coverage across various sectors in In...
High premium costs for parametric insurance flagged at NDMA meet amid GST concernsThe National Disaster Management Authority (NDMA) discussed the high cost of parametric insurance premiums and the imposition of 18 percent...
Catastrophe bonds provide a financial safety net to insurersA SBI report published in July said that India ranks third after the US and China in recording the highest number of natural disasters sinc...
Why governments need a well-diversified financial system to deal effectively with natural disastersCountries must adopt a comprehensive risk management strategy to access resources from funding mechanisms to invest in response, recovery, ...
China encourages mainland insurers to sell catastrophe bonds in Hong KongMainland property and casualty insurance companies and reinsurance companies can set up special-purpose entities in Hong Kong to raise fund...
Create a market for catastrophe bondsFor another, these offer attractive yields, and so can well be lapped up by long-term investors with the requisite risk appetite.
Disasters could cost Asia-Pacific region $160 bn per year by 2030: UNHead of the UN Office for Disaster Risk Reduction, Mami Mizutori highlighted the importance of both disaster risk financing and resources t...
PM Manmohan Singh for a mechanism to provide risk insuranceManmohan Singh favoured setting up of a mechanism to provide risk insurance and contingent credit facilities to people affected by disaster...
- Higher non-life insurance spend can save big money
A new global report by Lloyds of London finds there is an annualised shortfall of $20 billion in insurance in India.