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NATURAL CATASTROPHE COMPONENT
Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...- In 1950, Australia released the Myxoma virus as biological warfare against its invasive rabbit population. The virus killed 99.8% of infected rabbits within two yearsAustralia grappled with a catastrophic rabbit overpopulation that put its ecosystem and economy at risk. To combat this, scientists unleash...
- 5 common reasons for AC blast during summers as first chairman of Competition Commission of India, an ex-IAS officer, dies at Delhi homeA retired IAS officer's tragic death in a suspected AC blast highlights critical home safety concerns. Continuous operation, refrigerant le...
- Viral claim says earth will lose gravity for seven seconds on August 12, 2026 — What does NASA say?Online posts claim Earth’s gravity will vanish for seven seconds on August 12, 2026, allegedly causing catastrophic damage and “40 million ...
- Russian attack submarine suffered serious malfunction, at risk of explosion in MediterraneanRussia's Kilo-class submarine Novorossiysk, on combat duty in the Mediterranean, is reportedly facing a severe fuel leak creating an explos...
- American businesses in 'survival mode' as Trump tariffs pile upAmerican small businesses are struggling to survive under President Trump's tariffs, which have significantly increased import costs. Compa...
- Secure freedom from life related risks to be truly financially independentIn 2025, as we commemorate that historic milestone, it is imperative to recognize another form of freedom yet to be fully realized: the fre...
- Why Venus is dry, new study explainsVenus loses water due to hydrogen escape caused by molecule HCO+. Research explains the dryness, revealing Venus's water story. Future miss...
- New approach: Multiple swarms of drones to tackle natural disasters like forest firesIISc researchers develop a cutting-edge approach using coordinated multi-swarm drones equipped with advanced sensors and algorithms to comb...
- These 5 banks offer lowest home loan interest ratesThe cost of borrowing will increase or decrease each time the RBI changes the repo rate depending if there is rate increase or decrease in ...
- Asia chip makers powered by coal and gas imperil climate goalsThe Greenpeace report focused on companies based in East Asia, home to over a third of the semiconductor manufacturing industry’s market sh...
- World Environment Day: Need to focus responses on areas causing environmental degradationData in public domain reveals that life expectancy has actually declined by 6-12 years in various regions of the world, varying with the in...
- President Joe Biden meets with G7, addresses US on response to RussiaThe virtual, closed-door meeting of G7 leaders -- Britain, Canada, France, Germany, Italy, Japan and the United States -- was set to start ...
- Virtual gold? Bitcoin's rise sparks new debate amid pandemicAfter bitcoin surpassed $1,000 for the first time in 2013, it has increasingly attracted the attention of financial institutions.
- Champagne losing its fizz as pandemic clobbers sales; about 100 million bottles to go unsold"We are experiencing a crisis that we evaluate to be even worse than the Great Depression" of 1929, said Thibaut Le Mailloux of the Champag...
- Create chain of command during disasters, ensure India is no 1 in this subject: Amit ShahAmit Shah said it is important to quickly develop better resilience and capability against disasters given that India is much prone to cata...
- Exploring the heart of matter - and why atoms are important (Book Review)Title: Atom; Author: Piers Bizony; Publisher: Icon Science; Pages: 225; Price: Rs 499
- Cost of natural disaster cover set to riseThe overall impact on property insurance rates would be marginal because catastrophic risks are one component of the policy.
- Dont expect pricing in India insurance industry reach an economically viable level : Clement Booth, Allianz SEIndia has a lot of market potential.It is going to be one of the very important economies in the future and we need to be a part of it.We s...
- Insurance cos need shelter from attritionInsurers provide cover to everybody against weather, catastrophe, theft, and business loss, but there are two things they can’t insure them...
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