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
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 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
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.
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.
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 this study in order to reduce these uncertainties.
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 Sw
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.