Risk Science: What You Need to Read Today
High-Income Does Not Protect Against Hurricane Losses
Environmental Research Letters
US financial losses from hurricanes are likely to drastically increase this century, with losses per hurricane tripling by 2100.
Peru Earthquake Damage Being Assessed; Aid Flowing to Region
WSJ (sub may be required)
While the quake was moderate in size for Peru, it caused significant damage to buildings as it occurred only 6 miles under the surface.
U.S. Taps Supercomputer to Help Predict Dangerous Flooding
Bloomberg
The new computer model will draw data from more than 8,000 U.S. Geological Survey sites to simulate 2.7 million locations in the 48 contiguous states.
2016 Is Already A Year Of Historic U.S. Weather Events
Huffington Post
Just a little over halfway into 2016 and this year is shaping up to be another defined by extreme weather events exacerbated by climate change.
Risk Business: What You Need to Read Today
Hedge Fund Manager Profited From Death Arbitrage
Bloomberg
Eden Arc Capital Management survivor option trade caught the eye of regulators.
A.M. Best Releases Best’s Insurance-Linked Securities & Structures Methodology
AM Best
The final criteria contains just minor changes relative to the version released for comment.
Asian Funds Pile Into Alternative Assets as Traditional Returns Slide
Reuters
Zurich’s Asian division is considering investing in private debt while Bancaire Privee said it was switching clients into insurance-linked securities.
QBE Lifts Dividend as Profit Almost Halves Amid Brexit Margin Squeeze
Sydney Morning Herald
Challenges were “particularly evident” in the Australian and New Zealand operations, which had been hit by “cumulative pricing declines concurrent with heightened claims inflation.”
