December 1, 2015: Australia's Weather Computers Under Attack and U.S. Crop Insurance Saved... Again

Risk Science: What You Need to Read Today

China Blamed for ‘Massive’ Cyber Attack on Bureau of Meteorology Computer

ABC News

China is being blamed for a major cyber attack on the computers at the Bureau of Meteorology, which has compromised sensitive systems across the Federal Government.

World-First Research Into Insurance Industry’s Quake Response

The Press

A world-first research project into the insurance industry’s response to the Canterbury earthquakes will be a “global resource” for years to come.”

Better Science Can Now Show How Humans are Making Extreme Weather Worse

Quartz

Scientists are forming an increasingly clear picture of how climate change is contributing to present-day “natural” disasters.

Using UAVs to Improve Flood Risk Management

Environmental Technology

New images provide detailed information to monitor the characteristics of water courses and the effect these have on the surrounding areas.

Risk Business: What You Need to Read Today

SC Floods’ Damage: $12 Billion, Economists Say

The State

The October floods inflicted about $12 billion in damage on South Carolina, putting the two-day storm’s impact on the same magnitude of Hurricane Hugo

Senn’s Departure Seen Ending Era of Fat Dividends at Zurich

Bloomberg

After two years of growth barely above zero, Zurich expects an outright decline in revenue this year.

Obama Unveils $30 Mln for Climate Risk Insurance to Protect Poor

Reuters

The new money will support the Pacific Catastrophic Risk Assessment and Financing Initiative and the African Risk Capacity programme, and expand the Caribbean Catastrophic Risk Insurance Facility to cover Central American countries.

Highway Deal Reverses Crop Insurance Cut

AgriPulse

The budget agreement would have required the Agriculture Department to cap the insurance companies’ rate of return at 8.9 percent, down from the current 14.5 percent.


Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to Risk Market News.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.