Risk Science: What You Need to Read Today
New Report Forecasts the High Likelihood of Damaging Earthquakes During the Lifetime of Many Utah Residents
USGS
In the next 50 years there is a 43 percent chance of at least one large earthquake of magnitude 6.75 or greater in the Wasatch Front Region.
Japan Quakes Puzzle Scientists
WSJ (sub may be required)
The number and broad spread of aftershocks could reshape the understanding of how geology affects seismic events.
MIT’s Teaching AI How to Help Stop Cyberattacks
Wired
A system called AI2 reviews data from tens of millions of log lines each day and pinpoints anything suspicious.
`Impossible to Remain Standing’: Japan’s Quake Scale
Bloomberg
While the shindo scale may seem baffling to outsiders, it offers a far more immediate indication of the potential for damage than magnitude does.
Risk Business: What You Need to Read Today
U.S. Regulators to Focus on Borrowing at Large Hedge Funds
WSJ (sub may be required)
Top U.S. regulators are set to focus on borrowing by the hedge-fund industry, particularly large funds.
Rains Bring a Heavy Load of Insurance Claims
Houston Chronicle
There are 120,989 National Flood Insurance Program policies in Houston and 230,694 in Harris County.
TigerRisk Adds Kusche for Catastrophe Deals in Banking Push
Bloomberg
TigerRisk Partners hired Philipp Kusche from Swiss Re AG as the reinsurance broker seeks to put together more deals involving Wall Street investors who are looking to make bets tied to natural disasters.
Apax Signs Insurance Joint Venture with Accenture
Financial Times (sub may be required)
Private equity group acquires majority stake in software company to develop insurance technology.
