Risk Science: What You Need to Read Today
Earthquake Exposes Italy’s Disaster Vulnerabilities and Shortcomings
WSJ (sub may be required)
Towns generally have done little to adapt buildings to protect architectural jewels and works of art from tremors.
Hurricane Hermine Doesn’t Exist Yet, But Experts Are Starting To Worry
FiveThirtyEight
How do you responsibly talk about a hurricane that could be potentially devastating when the probabilities are still unclear?
Post-Disaster Optimization Technique Capable of Analyzing Entire Cities
Phys.org
Researchers created a novel method that represents a major improvement in existing computational models and optimization methodologies for disaster recovery.
Clinton Unveils Emergency Public Health Fund Proposal
Politico
Clinton would create a Public Health Rapid Response Fund to help local and federal agencies better coordinate resources.
Risk Business: What You Need to Read Today
Italy Quake Unlikely to Trigger 200 Million Euro Cat-Bond Default
Reuters
The Azzurro Re bond, issued by Unipol last year, was the first so-called catastrophe bond to cover earthquake risk in Italy.
Why Pension Megadeals are Losing Their Allure
Financial Times (sub may be required)
Removing that noose of liabilities in the era of rock bottom interest rates it has become particularly steep.
Gust of Criticism Hits Wind Insurer
Houston Chronicle
Trade group says TWIA’s decision to pass on increasing its rates was a big mistake.
Global Reinsurer Profit Decline Could Impact Financial Strength
Fitch (Press Release)
Underwriting profits for the global reinsurance sector declined while recent profitability for several companies fell to levels that could diminish their financial strength.
