Page 37 - Insurance Times February 2016
P. 37
Report on Seminar
Report on Seminar on Disaster
Management and Loss Assessment
amount could be used for development of
Indian economy. Mr A. K. Ramakrishnan,
DGM, Technical, National Insurance
Company limited, gave an overview of
recent disasters and losses incurred due to
the disasters. According to him, design
aspects play an important role in
withstanding disaster and Japan has
excelled in designing to make buildings and
houses to withstand earthquakes. He gave
an overview of the Jammu and Kashmir
flood, Hudhud cyclone in Visakhapatnam
and Nepal Earthquake.
A full day seminar on Disaster Management & Loss Dr Anil Kumar, Secretary and Director
Assessment on 16th January, 2016 was organised by Shashi General, Institution of Engineers, in his
Bhusan and Associates, Bokaro at R.N. Mukherjee Hall, keynote address gave a detailed presentation on disaster
Institution of Engineers, Kolkata. It focused on key elements risk reduction and role of insurance. According to him Key
of Disaster Management like prevention, mitigation, elements of Disaster Management were prevention,
preparedness, response and relief, rehabilitation. It also mitigation, preparedness, response and relief, rehabilitation.
concentrated on the Micro-disaster Insurance which can The various stakeholders in the process of disaster mitigation
cover sudden-onset events, such as earthquakes, floods, and are policy makers, decision makers, administration,
cyclones, as well as slow-onset events, such as droughts. professionals, professional institutions, R&D institutions,
financial institutions, insurance sector, community, NGOs
and the common man.
Mr Shashi Bhushan, Chairman, organising committee Insurance has played a very important role. The advanced
welcomed the guests and participants and briefed about the countries have developed the insurance system and made
purpose and concept of seminar. it effective and mandatory - as a result the loss of lives and
property is comparatively less.
Mr Sisir Kumar Banerjee, Chairman, Institution of Engineers
in his special address gave an overview about man-made and In India, most of the losses suffered in natural disasters are
natural disasters. He stressed on the need to find ways in not insured, for reasons such as lack of purchasing power,
which the disasters can be mitigated since expenditure lack of interest in insurance, theory of karma attitude and
incurred Post disasters were waste-full expenditure and this ignorance of availability of such covers. Quite large numbers
The Insurance Times, February 2016 37
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