Risk Science: What You Need to Read Today
Fires Threaten Lives and Property in Four States
The Australian
Firefighters were battling blazes in four states yesterday as Victorian residents assessed the damage from fires in the northeast and west of the state that have claimed at least 16 houses.
Extreme Weather Poses Increasing Threat to US Power Grid
ABC News
An Associated Press analysis of industry data found that severe weather is the leading cause of major outages on the nation’s power grid.
Can Electric Signals in Earth’s Atmosphere Predict Earthquakes?
Science AAAS
Some scientists think that Earth’s crust may give hints before it ruptures.
This Camel Vaccine Could Stave Off The Next Pandemic
Huffington Post
Camels are the primary host for Middle East respiratory syndrome.
Risk Business: What You Need to Read Today
Insurance Indemnity to Kogalymavia for A321 Aircraft Crashed in Egypt Exceeded $23Mln
TASS
Until now, the insurer did not name the sum of compensation citing commercial secret.
Fairfax Acquires Greece’s Eurobank Insurance Unit for $480-Million
Globe and Mail
The cash deal is in line with Eurobank’s strategy of gradually exiting from non-banking operations to focus on core banking.
Bloomberg Intelligence Predicts 2016: Finance, Insurance
Bloomberg (Video)
Bloomberg Intelligence has compiled its projections for 2016. In the first of a series, BI analysts pick key themes in the financial, regulation and insurance sectors for the new year.
In China’s Property Takeover Tussle, the Best Move Is to Wait
WSJ (sub may be required)
Key to the battle over a Chinese property conglomerate could be Anbang Insurance Group.