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A Himalayan Wake-Up Call For Disaster Insurance
Sep 1, 2026
✦Deccan Chronicle

A Himalayan Wake-Up Call For Disaster Insurance

A glacier collapse last week killed more than 900 people in Nepal, leaving a $4 billion reconstruction bill. Experts say India needs better disaster insurance as only 5% of losses are currently covered. Shailaja Lall said, "States may provide relief, but there is nothing structured," highlighting the need for national protection.

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