A world at risk, Lloyd’s second underinsurance report, produced with CEBR, shows there is global underinsurance of $162.5bn in 2018. This shows there is a significant gap between the level of insurance in place to cover global risks, and the actual cost to businesses and governments of rebuilding and recovering from major catastrophes.

The National Smallholder Farmers Association of Malawi (Nasfam) says it intends to reach out to 50,000 smallholders with a weather-based index insurance (WBI) to protecting farmers from crop losses

This study argues that the focus on insurance by developed countries is too narrow and comes at the expense of a serious consideration of other options. Insurance is only one tool in a much larger toolbox.

The United States Agency for International Development (USAID) says between 20 to 40 per cent of funds allocated to healthcare delivery by government in Nigeria is wasted due to inefficiency.

After last year’s Supreme Court order, Irdai has now mandated that every vehicle must have a valid PUC certificate on the date of renewal of motor insurance policy

Acting tough on those violating emission norms, Irdai has said vehicles without a valid Pollution Under Control (PUC) certificate will not be insured.

This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and climate risk and adaptation advisory firm Acclimatise.

PANAJI: Pollution under control (PUC) centres in state soon may not face the consequence of cancellation of their licence in case of norms violation as the transport department has proposed a fine

The insurance industry, a sector with assets worth around USD 15 trillion, needs to urgently step up its low-carbon investments and prepare its portfolios for climate-related financial risks, according to an Asset Owners Disclosure Project report.

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