April 6, 2016: AIG to Cut UK Workforce, Slow Moving Faults and Insurers Turning to Hedge Funds
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April 6, 2016: AIG to Cut UK Workforce, Slow Moving Faults and Insurers Turning to Hedge Funds

Risk Science: What You Need to Read Today

Study Shows That Slow Fault Movements May Indicate an Impending Earthquake

Phys.org

Not only do vibrations potentially point to an impending earthquake, they also discovered a discernible pattern to them.

What Has Happened to al-Qaeda?

BBC

“The real risk we face is fighting Isis and ignoring the presence of al-Qaeda.”

Battered Fiji Braces for Fresh Disaster with Arrival of Cyclone Zena

The Guardian

Nationwide curfew in place as island nation prepares for second cyclone in three months to hit.

Solar Storm Researchers Prepare for the ‘Big One’ with New Urgency

NJIT News

It is a scenario that space scientists, global insurance corporations and government agencies take seriously,

Risk Business: What You Need to Read Today

US Insurers Plan Hedge Fund Expansion

Investment News

Rising numbers of US insurance firms are turning to hedge funds in search of returns they cannot find elsewhere.

AIG Said to Plan Cutting About 125 Jobs in U.K. in Coming Months

Bloomberg

AIG may eliminate about 125 positions in the U.K. as it scales back in certain countries and moves jobs to lower-cost locations.

China’s Anbang Resumes Overseas Push with Deal to Buy Allianz’s South Korean Business

Reuters

The purchases expand Anbang’s presence in South Korea after it bought a 63 percent stake in Tongyang Life Insurance.

Things to Know About Offshore Centers

WSJ (sub may be required)

he Cayman Islands is well known for being home to hedge funds, lawyers and service providers. Bermuda is a world center for reinsurance.

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