The first-ever flood insurance scheme was launched in the country on Tuesday, aiming to compensate flood victims and help them fight natural disasters.

Funds of Rs 600 crore have been released till July 31st this year under the National Agricultural Insurance Scheme (NAIS) said Tariq Anwar, minister of state for agriculture and food processing ind

Within the next three to four months, all the 2.5 lakh CNG vehicle drivers in the Capital will be covered by insurance policies with provisions for relief in case of accident, partial disability an

Climate change is creating more frequent and more unpredictable extreme weather events, forcing insurers to change how they assess the risk of natural disasters hitting a specific area, the Geneva

This report examines economic and insured costs of natural disasters due to extreme weather and the role of public sector insurance mechanisms to encourage risk reduction and resilience building.

An international climate report issued on Thursday said China will have to attract nearly 2 trillion yuan ($322 billion) in investment by 2015 in order to honor its commitment to fight climate chan

Natural and man-made disasters caused $186 billion (152 billion euros) in damages worldwide last year, according to a calculation released on Wednesday by the Swiss re-insurance group Swiss Re.

Expert warns that people should not be seduced by disaster insurance, saying it is not a panacea for weather-related shocks

Institutional investors, which together manage assets of over $70 trillion, often have investment objectives that are aligned with the investment profile of infrastructure. At first glance, access to this large pool of capital and the alignment of objectives should help lower the costs of financing renewable energy.

Losses due to natural disasters have risen faster than Asia-Pacific’s economy has expanded, says a new report by the Asian Development Bank (ADB).

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