April 1, 2016: Zurich Buys Into Crop, Will La Nina Trump the Election and Storms Slam Oklahoma 
1 min read

April 1, 2016: Zurich Buys Into Crop, Will La Nina Trump the Election and Storms Slam Oklahoma 

Risk Science: What You Need to Read Today

Can we Accurately Gauge the Impact of Climate Change on Extreme Weather?

PRI

A recent report suggests that some of these events can be attributed to climate change with a high degree of confidence.

Big Storms to Hit Mississippi, Alabama, Tennessee; Tornadoes Strike Okla.

USA Today

Severe storms in northeastern Oklahoma spawned vicious tornadoes injured at least seven people and left a trail of damaged homes and businesses on Wednesday.

RMS Report Examines Marine Risk, Cargo Modeling

Maritime Professional

MS has published a new report examining the current state of cargo modeling in the marine market, and providing a new cargo-specific approach to the assessment of vulnerability and port accumulation.

Will La Nina Affect The 2016 U.S. Presidential Election?

Forbes

While some studies suggest adverse weather conditions favor Republicans, other studies have also contradicted this premise.

Risk Business: What You Need to Read Today

China’s Anbang Abandons $14 Billion Bid to Buy Starwood Hotels

Reuters

The collapse represents a blow to corporate China’s growing ambitions to acquire U.S. assets.

Zurich Closes Deal Acquiring Leading Crop Insurer RCIS

Business Wire

The acquisition expands Zurich’s portfolio of products and services, and strengthens its top five position in the U.S. commercial insurance market

Citigroup Transfers Coinsurance Agreement with Primerica to Swiss Re

Reuters

The bank said the transaction would result in a reduction of about $2.5 billion of assets from Citi Holdings’ balance sheet.

EU Cuts Capital Charges on Insurers’ Infrastructure Investments

Bloomberg

Risk charges for insurers’ unlisted equity shares in projects such as energy pipelines, transport links and broadband networks will fall to 30 percent from 49 percent.

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