Concerns Over Drying of Tamulidoba Beel in Pobitora Wildlife Sanctuary

Concerns Over Drying of Tamulidoba Beel in Pobitora Wildlife Sanctuary

The drying of Tamulidoba Beel within the Pobitora Wildlife Sanctuary is becoming a growing concern for conservationists.

About Pobitora Wildlife Sanctuary

• Location and Landscape: Situated in the floodplains of the Brahmaputra River in Morigaon district, Assam, it includes the Rajamayong and Pobitora Reserve Forests.
• Highest Rhino Density: The sanctuary is known for having the highest density of the Greater One-Horned Rhinoceros in India.
• Flora and Fauna: Pobitora’s grasslands are home to a variety of species, including the Greater One-Horned Rhinoceros, Wild Water Buffalo, Monitor Lizard, Wild Boar, and more.
• The sanctuary was officially declared a wildlife sanctuary in 1987.

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Reinsurance Firm Becomes First Private Company to Receive IRDAI Approval in India

Reinsurance: Reinsurance is a risk management strategy where insurance companies transfer a portion of their risk to another insurer (reinsurer) to protect against substantial financial losses.

Regulator: The Insurance Regulatory and Development Authority of India (IRDAI) oversees the reinsurance sector.
Laws: Reinsurance operations are governed by the Insurance Act, 1938, and the IRDAI (Reinsurance) Regulations, 2018.
Currently, the General Insurance Corporation (GIC Re) is the only public-sector reinsurance company in India. However, Attics Re has become the first private firm to gain IRDAI approval to commence reinsurance business in the country.

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