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# April 7, 2016: Fintech's Impact on Insurance Gets Real, Fiji Faces a Second Cyclone and Oregon Eye Wildfire Cover Again
- URL: https://www.riskmarketnews.com/april-7-2016-fintechs-impact-insurance-gets-real-fiji-faces-second-cyclone-oregon-eye-wildfire-cover/
- Published: 2016-04-07T06:59:47.000Z
- Updated: 2016-04-07T06:59:47.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Fiji Under Curfew, Assessing Damage from Second Cyclone in Weeks](http://www.reuters.com/article/us-cyclone-fiji-idUSKCN0X32S7?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-cyclone-fiji-idUSKCN0X32S7?ref=riskmarketnews.com)

A category three cyclone that passed to the south of the South Pacific island nation overnight, two months after a more powerful cyclone wreaked havoc.

### [‘Cold Blob’ to Be a Wild Card in the 2016 Atlantic Hurricane Season](http://www.accuweather.com/en/weather-news/cold-blob-to-be-wildcard-la-nina-atlantic-hurricane-season-forecast-2016/56491288?ref=riskmarketnews.com)

#### [Accuweather](http://www.accuweather.com/en/weather-news/cold-blob-to-be-wildcard-la-nina-atlantic-hurricane-season-forecast-2016/56491288?ref=riskmarketnews.com)

The potential movement of a ‘cold blob’ of water in the North Atlantic Ocean may be the wild card in the 2016 Atlantic hurricane season, experts say.

### [What Zika Researchers Can Learn From the Rubella Outbreak of 1964](http://www.theatlantic.com/health/archive/2016/04/zika-rubella/477165/?ref=riskmarketnews.com)

#### [The Atlantic](http://www.theatlantic.com/health/archive/2016/04/zika-rubella/477165/?ref=riskmarketnews.com)

The viruses have key similarities that may help scientists respond to a possible epidemic.

### [Quake Committee Will Help Bring Answers.](http://www.star-telegram.com/opinion/editorials/article70380017.html?ref=riskmarketnews.com)

#### [Star Telegram](http://www.star-telegram.com/opinion/editorials/article70380017.html?ref=riskmarketnews.com)

The oldest organized research unit at the University of Texas at Austin will investigate the increased frequency of quakes using seismometers placed statewide.

## Risk Business: What You Need to Read Today

### [Technology Transforms How Insurers Calculate Risk](http://www.nytimes.com/2016/04/07/business/dealbook/technology-transforms-how-insurers-calculate-risk.html?ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2016/04/07/business/dealbook/technology-transforms-how-insurers-calculate-risk.html?ref=riskmarketnews.com)

The world is a dangerous, unpredictable place — not a bad thing, perhaps, if you’re in the business of selling insurance.

### [Fintech Seen Risking 250,000 Jobs as Europe Insurers Cut Costs](http://www.bloomberg.com/news/articles/2016-04-07/fintech-seen-risking-250-000-jobs-as-europe-insurers-cut-costs?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-04-07/fintech-seen-risking-250-000-jobs-as-europe-insurers-cut-costs?ref=riskmarketnews.com)

The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings.

### [Record Year for M&A Insurance as Buyers Seek Protection](http://www.ft.com/intl/cms/s/0/35f2eada-fc10-11e5-b3f6-11d5706b613b.html?ref=riskmarketnews.com#axzz458QWWky2)

#### [Financial Times (sub may be required)](http://www.ft.com/intl/cms/s/0/35f2eada-fc10-11e5-b3f6-11d5706b613b.html?ref=riskmarketnews.com#axzz458QWWky2)

Intense competition for assets has created a boom in mergers and acquisitions insurance, as nervous bidders look to give themselves an edge over rivals.

### [Oregon Looks at Another Year of Wildfire Insurance](http://www.bendbulletin.com/localstate/4188669-151/oregon-looks-at-another-year-of-wildfire-insurance?referrer=fpblob&ref=riskmarketnews.com)

#### [The Bulletin ](http://www.bendbulletin.com/localstate/4188669-151/oregon-looks-at-another-year-of-wildfire-insurance?referrer=fpblob&ref=riskmarketnews.com)

Oregon can purchase another of the most unique insurance policies in the world: insurance coverage to help pay for catastrophic wildfire seasons.