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NATIONAL FLOOD INSURANCE
Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
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 ...
Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
Forget stocks, you can now profit from Mumbai rains! Here's how NCDEX's unique weather futures workNCDEX has launched India’s first exchange-traded weather derivative contract, RAINMUMBAI, allowing traders and businesses to hedge against ...
Homebuyers brace for impact: How the government shutdown could stall loans and closings nationwideThe government shutdown is slowing home loans and closings. FHA, VA, and USDA loans may take longer, and flood insurance delays can stop de...
Tropical Storm Gil strengthens to become hurricane, urgent alert issued for Hawaii, California travellersTropical storm Gil transformed into a hurricane in the Pacific Ocean, later weakening back to a tropical storm. The National Hurricane Cent...
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...
A $1 trillion time bomb is ticking in America's housing marketDavid Burt, who foresaw the 2008 financial crisis, warns of a new housing crisis driven by climate change. His research indicates US homeow...
New York City devastated by floods: from residents on water bikes to rats ransacking groceries, various videos go viralAs news of NYC being flooded went viral, netizens on X (formerly Twitter), reacted with various degrees of horror, humour, and empathy.
Amid monsoon mayhem and flood crisis, here’s how health, home, and motor insurance can help you secure your life, property, and vehicleAs climate change continues to disrupt weather patterns and intensify monsoon rains, it is essential to be prepared for the potential conse...
How India can equip its cities to deal with extreme rainfall eventsThe ongoing floods in Delhi show how heavy rainfall in the mountain areas can impact cities downstream. Several studies across cities have ...
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...
Cost of flood damage to U.S. homes will increase by 61% in 30 yearsRoughly 4.3 million homes - concentrated in Florida, California, South Carolina and Texas - have a substantial risk of sustaining economic ...
Kerala floods: Insurance claims likely to be upwards of Rs 1000 croreAssessment of claims will take place with situation moving to normal, a senior official of an insurance firm said, adding clear picture wil...
Tamil Nadu’s flood-hit MSMEs are crying out for a helping handMSMEs say that hundreds of people from government are asking for data and they are giving it. But nothing tangible has been done, except fo...
PNB waives off ATM charges for Chennai users, NHB chips in tooIn view of the floods in Chennai, Punjab National Bank (PNB) today said it has waived off charges for using ATM network of other banks.
Insurers' meet on Monday on claim settlement of J&K flood victimsThe Supreme Court last Friday directed insurance companies to pay 50 per cent of insured amount for policies above Rs 25 lakh and 95 per.
Insurers face a Rs 900 crore payout for Jammu and Kashmir flood claimsLife Insurance Corporation of India alone has provided a cover to 12.7 lakh people in the state for a total sum assured of Rs 16,543 crore.
J&K floods: LIC, private insurers to speed up claims settlementInsurance companies led by LIC had taken similar initiatives to settle claims in the past during floods at Uttarakhand last year.
Insurance companies increase premium for hydropower plantsInsurance cos have raised the premium for hydropower plants across the country after last year’s flash floods in Uttarakhand that led to hu...