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.
