Santa screams “daylight robbery!” when asked to pay the same insurance premium as his neighbor’s fragile, un-engineered house. Banta steps in with a game-changing solution: “Suraksha ka Inaam”—a risk-adjusted insurance discount for homes built by certified masons or verified by engineers. Realizing that building safely saves him hard cash every single year, Santa eagerly signs the insurance papers. Discover how financial incentives and differential insurance premiums can turn voluntary building compliance into a language everyone understands.
Risk transfer
The “Resilience Surcharge” Samosa
Can a samosa save a village? 🥟🛡️ Santa is upset about a 5-rupee surcharge on his bill, but Banta explains why “pooling our pennies” is the only way to build a national safety net that works for everyone.
The Magic “Nagaland” Thermometer
What if your insurance paid out before you even finished cleaning the mud? 🌧️💰 Banta explains the “Nagaland Model” of parametric insurance—where weather sensors trigger payouts, and blockchain beats bureaucracy.
The “Sarkari” Lottery vs. The Ironclad Pact
Are you waiting for “Relief” or demanding your “Rights”? Santa thinks the government is his personal insurance agent, but Banta explains why a legal contract is better than a political promise when disaster strikes. Discover the strategic shift from relief to risk-transfer.
Beyond Relief: The Strategic Imperative of Disaster Insurance
As climate-induced losses overburden public exchequers, the shift from “discretionary relief” to “contractual insurance” is no longer optional. From Nagaland’s blockchain-payouts to the Caribbean’s risk pools, discover how Disaster Insurance is rewriting the rules of global resilience
बीमा के खेल में हवा शंट
जीवन व सम्पत्ति बचाने के बाद आपदा के प्रभावितो के दिमाग में जो सबसे पहली बात आती हैं, ज्यादातर स्थितियों में नुकसान का आंकलन करने व क्षति की भरपाई से सम्बन्धित होती हैं और ऐसे में प्रभावित व्यक्ति को ऐसे प्रकरणों में सरकार या अन्य स्त्रोतों के द्वारा दी जाने वाली सहायता का भी खयाल […]
Earthquake early warning – An illusion
After a series of earthquakes in the recent past in western Nepal and Pithoragarh, the earthquake early warning (EEW) system operated by USDMA in Uttarakhand has been the focus of most seismic safety related debates. Obsessed with the glitter and fancy of early warning most disaster risk reduction (DRR) enthusiasts often tend to consider it the ultimate […]
Disasters & life of the affected
Loss of productive assets by disasters has severe adverse impact on the quality of life of the affected families; particularly ones with low socio-economic status as they fail to replenish the lost assets, despite public exchequer being overburdened by relief provided by the state.
Risk transfer for promoting risk reduction
Disasters often result is loss of lives, livestock, assets, property and infrastructure that often have severe adverse impact on the quality of life and livelihood strategy of the affected population. These at the same time disrupt industrial activities, commerce and routine business of the government. State has to therefore intervene for bringing forth narmalacy by […]