Risk Science: What You Need to Read Today
Research: Cascadia Quake Could Hit Sooner Than We Thought
Oregon Public Radio
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
Reuters
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
RMS (press release)
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
Business Standard
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
WJS (sub may be required)
Investors are flocking to securities that shield the risks of hurricanes, pandemics and hackers; reinsurers are suffering.
Terror Attacks Prompt Changes in Insurance
FT (sub may be required)
Cover to change as targets shift from property to maximising casualties, says KPMG.
Cat Bonds Look Pretty Good After a Few Drinks
FT (sub may be required)
There is not really enough natural catastrophe risk around.
Junk Bond Issuers May Snub Europe Exchanges to Sidestep EU Rules
Bloomberg
Junk-bond issuers may look overseas to avoid this burden and cost of new rules.
