Risk Science: What You Need to Read Today
Fighting Fire With Fire
TakePart
America’s most progressive forest management program may be the solution to the wildfire crisis. So why isn’t it being replicated?
2014 Napa Earthquake Continued to Creep, Weeks After Main Shock
MIT News
Continuing seismic activity could pose additional hazards to infrastructure.
Typhoon Dianmu Hits Southern China
Xinhua
This year’s eighth typhoon landed in Dongli Township in the city of Leizhou.
Extreme Floods May Be the New Normal
Scientific American
Communities should plan defenses and emergency responses based on the climate of the future, not the past.
Risk Business: What You Need to Read Today
More Japanese Investors Are Piling Into Catastrophe Bonds
Bloomberg
Japan’s bond investors are so desperate for yield that more and more of them into hurricanes and earthquakes.
China to Be World’s Second Largest Insurance Market
China Daily
China is likely to surpass Japan as the world’s second largest insurance market this year, boosted by the surging demand from the ever-growing middle class.
Government Financial Help for Louisiana Flood Victims Limited
WSJ (sub may be required)
Many area residents lack flood insurance.
IAG Warns of Tough Conditions Ahead as Investment Income Weighs on Profit
The Australian
IAG said the quote-share deal with Warren Buffet’s Berkshire Hathaway will continue to support its underlying insurance margin.
