April 29, 2016: Swiss Re Beats and Warns, U.S. Wildfire Season Forecast and Buffett the Climate Oracle
1 min read

April 29, 2016: Swiss Re Beats and Warns, U.S. Wildfire Season Forecast and Buffett the Climate Oracle

Risk Science: What You Need to Read Today

Buffett as Climate Oracle? Great, If He’d Take Job: Scientist

Bloomberg

Warren Buffett would be a convincing advocate for doing more to combat global warming, according to a leading climate scientist.

Sen. Cornyn Files Bill to Speed Texas Hurricane Study

Pro Publica

The Texas senator has proposed a bill to speed up the process of protecting Houston from a devastating hurricane.

Mixed Forecast for U.S. Wildfire Season

AP

Severity of fires is not expected to be the same as last year, but some areas will be active according to Forest Service chief.

Vanuatu Tsunami Threat Over After Big Earthquake Hits Islands

The Telegraph

The United States Geological Survey said the 7.0-magnitude quake – originally reported as 7.3 – struck at a relatively shallow depth of 35 kilometers.

Risk Business: What You Need to Read Today

Swiss Re Sees Challenging 2016 Environment After Q1 Earnings Beat

Reuters

The world’s second-largest reinsurer Swiss Re said on Friday it expected challenging market conditions to continue throughout 2016.

Swiss Re CFO: Must Stay Prepared for Major Disasters

Bloomberg (Video)

David Cole, chief financial officer at Swiss Re, explains how the company prepares for potentially large financial losses from major disasters.

Credit Suisse Said to Kick Off Sale of Novel Bond to Ease Risk

Bloomberg

Credit Suisse Group AG has started taking orders for a new kind of bond to offload risk from events like rogue trading and cybercrime after receiving initial interest from investors.

Schroders Enters Reinsurance Market

Financial News

Schroders has put down a new marker in the pension scheme buyout market by buying a 12.5% stake in Bermuda-based Safe Harbor, which puts together reinsurance contracts for life assurance companies.

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