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# August 8, 2016: Catastrophe Bonds Questioned, Mudslides Hit Mexico and Cascadia Warning
- URL: https://www.riskmarketnews.com/august-8-2016-catastrophe-bonds-questioned-mudslides-hit-mexico-cascadia-warning/
- Published: 2016-08-08T07:41:02.000Z
- Updated: 2016-08-08T07:41:46.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Research: Cascadia Quake Could Hit Sooner Than We Thought](http://www.opb.org/news/series/unprepared/cascadia-subduction-zone-earthquake-big-one-oregon-state/?ref=riskmarketnews.com)

#### [Oregon Public Radio](http://www.opb.org/news/series/unprepared/cascadia-subduction-zone-earthquake-big-one-oregon-state/?ref=riskmarketnews.com)

The chance of one occurring within the next 50 years is also slightly higher than previously estimated.

### [Mudslides Triggered by Storm Claim 40 Lives in Eastern Mexico](http://www.reuters.com/article/us-storm-earl-idUSKCN10I0TS?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-storm-earl-idUSKCN10I0TS?ref=riskmarketnews.com)

Images of the damage from Earl showed massive mudslides burying entire hillsides, trees felled and buildings creaking under collapsed walls and roofs.

### [RMS Analysis Reveals the Ten World Ports at Risk of Highest Insurance Loss Due to Catastrophe](http://www.businesswire.com/news/home/20160808005062/en/RMS-Analysis-Reveals-Ten-World-Ports-Risk?ref=riskmarketnews.com)

#### [RMS (press release)](http://www.businesswire.com/news/home/20160808005062/en/RMS-Analysis-Reveals-Ten-World-Ports-Risk?ref=riskmarketnews.com)

RMS shows six of ten ports most at risk are in the U.S. with Asia-Pacific and European ports also a major concern, as insurers play a guessing game.

### [Met Department Plans Hyper Local Forecast to Fight City Floods](http://www.business-standard.com/article/economy-policy/met-department-plans-hyper-local-forecast-to-fight-city-floods-116080700530%5F1.html?ref=riskmarketnews.com)

#### [Business Standard](http://www.business-standard.com/article/economy-policy/met-department-plans-hyper-local-forecast-to-fight-city-floods-116080700530%5F1.html?ref=riskmarketnews.com)

By 2017 monsoon, IMD would have a model to warn civic authorities about rain over a specific area to present disasters.

## Risk Business: What You Need to Read Today

### [The Insurance Industry Has Been Turned Upside Down by Catastrophe Bonds](http://www.wsj.com/articles/the-insurance-industry-has-been-turned-upside-down-by-catastrophe-bonds-1470598470?ref=riskmarketnews.com)

#### [WJS (sub may be required)](http://www.wsj.com/articles/the-insurance-industry-has-been-turned-upside-down-by-catastrophe-bonds-1470598470?ref=riskmarketnews.com)

Investors are flocking to securities that shield the risks of hurricanes, pandemics and hackers; reinsurers are suffering.

### [Terror Attacks Prompt Changes in Insurance](https://www.ft.com/content/4a887a5c-5b31-11e6-9f70-badea1b336d4?ref=riskmarketnews.com)

#### [FT (sub may be required)](https://www.ft.com/content/4a887a5c-5b31-11e6-9f70-badea1b336d4?ref=riskmarketnews.com)

Cover to change as targets shift from property to maximising casualties, says KPMG.

### [Cat Bonds Look Pretty Good After a Few Drinks](https://www.ft.com/content/c34f4586-5afc-11e6-9f70-badea1b336d4?ref=riskmarketnews.com)

#### [FT (sub may be required)](https://www.ft.com/content/c34f4586-5afc-11e6-9f70-badea1b336d4?ref=riskmarketnews.com)

There is not really enough natural catastrophe risk around.

### [Junk Bond Issuers May Snub Europe Exchanges to Sidestep EU Rules](http://www.bloomberg.com/news/articles/2016-08-04/junk-bond-issuers-may-snub-europe-exchanges-to-sidestep-eu-rules?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-08-04/junk-bond-issuers-may-snub-europe-exchanges-to-sidestep-eu-rules?ref=riskmarketnews.com)

Junk-bond issuers may look overseas to avoid this burden and cost of new rules.