The Insurance (Amendment) Bill, 2021
The Insurance (Amendment) Bill, 2021 was introduced in Rajya Sabha by the Minister of Corporate Affairs, Ms. Nirmala Sitharaman, on March 15, 2021. The Bill amends the Insurance Act, 1938. The Act provides
Insurance
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Climate insurance and water-related disaster risk management: unlikely partners in promoting development?
There is a growing consensus that insurance, risk transfer, and sharing mechanisms have an important and growing role to play, particularly in offsetting the economic impacts associated with extreme events.
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Using insurance in adaptation to climate change
This brochure presents the main findings of a study into insurance mechanisms dealing with climate-related extreme weather events. Insurance has attracted much attention as a tool in climate risk management
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Global disaster costs in 2017 to hit $306 billion: Swiss Re
Total economic losses from natural and man-made disasters have soared by 63 percent to strike an estimated $306 billion in 2017, reinsurance firm Swiss Re said Wednesday. "The US was hardest hit, including
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Climate risk insurance for resilience: assessing countries' implementation plans
This report provides the first bottom-up assessment of countries’ articulated demands over climate risk insurance in their climate policy pledges as part of the Paris Agreement. It is the result of a collaboration
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Reducing vulnerability among smallholder farmers through index-based flood insurance in India: equity matters
This technical brief describes efforts to develop remote sensing products for index-based flood insurance (IBFI) that can accurately depict yield loss due to adverse weather and other disasters on smallholder
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Climate insurance is rarely well thought out in agriculture
Internationally subsidised agricultural insurance is intended to protect farmers in developing countries from the effects of climate change. However, it can also lead to undesirable ecological and social
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U.S. flood insurance program sees $11 billion payments for Texas flooding
WASHINGTON (Reuters) - The U.S. federal flood insurance program estimates it will make $11 billion in payments through the government-run program for flooding in Texas caused by Hurricane Harvey, the program’s
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SADC considers establishing regional risk insurance
Southern Africa is set to establish a regional risk insurance scheme aimed at improving its rapid response to natural disasters. Risk financing and insurance is one of the several measures that most
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SC: PUC must for renewal of vehicle insurance
The Centre for Science and Environment welcomed the top court decision and said that it can have far reaching impact on curbing air pollution. New Delhi: In a bid to curb pollution, the Supreme Court
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Insurance for poor could protect the most disaster-vulnerable- governments
Insurance is an underused way to help save lives in natural disasters and soften their impact on the poorest countries - and it needs to be better understood by governments and aid groups, said insurers,