> ## Content Index
> Fetch the complete content index at: https://www.riskmarketnews.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# December 10, 2015: Greenlight Re Slumps Back to the Beginning and the Low that Keeps Hurricanes Down
- URL: https://www.riskmarketnews.com/december-10-2015/
- Published: 2015-12-10T07:02:30.000Z
- Updated: 2015-12-10T07:02:30.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### 

### [The Rise Of Emerging Risk And Casualty Catastrophe Models](http://www.gccapitalideas.com/2015/12/10/the-rise-of-emerging-risk-and-casualty-catastrophe-models-2/?ref=riskmarketnews.com)

#### [GC Capital Ideas](http://www.gccapitalideas.com/2015/12/10/the-rise-of-emerging-risk-and-casualty-catastrophe-models-2/?ref=riskmarketnews.com)

As the level of sophistication and tools for deterministic modeling capabilities increases, the next question that arises involves the more challenging leap toward a more probabilistic and holistic model approach.

### [Recurring East Coast Low Pressure May be Saving U.S. From Major Hurricanes](https://www.washingtonpost.com/news/capital-weather-gang/wp/2015/12/09/recurring-east-coast-low-pressure-may-be-saving-u-s-from-major-hurricanes/?ref=riskmarketnews.com)

#### [Washington Post](https://www.washingtonpost.com/news/capital-weather-gang/wp/2015/12/09/recurring-east-coast-low-pressure-may-be-saving-u-s-from-major-hurricanes/?ref=riskmarketnews.com)

Over the past 10 years, there has tended to be an area of stronger-than-normal low pressure over the East Coast at the mid-levels of the atmosphere.

### [Using Big Data to Fight Flu](http://www.scientificcomputing.com/news/2015/12/using-big-data-fight-flu?ref=riskmarketnews.com)

#### [Scientific Computing](http://www.scientificcomputing.com/news/2015/12/using-big-data-fight-flu?ref=riskmarketnews.com)

Thanks to big data, researchers have identified new molecules that are instrumental in the replication of the flu virus.

### [A Plea from Small Islands: More Insurance for Climate Change](http://www.dailymail.co.uk/wires/reuters/article-3354137/A-plea-small-islands-insurance-climate-change.html?ref=riskmarketnews.com)

#### [Reuters via Daily Mail](http://www.dailymail.co.uk/wires/reuters/article-3354137/A-plea-small-islands-insurance-climate-change.html?ref=riskmarketnews.com)

The most vulnerable countries are already finding it onerous to fix the damage wreaked by climate change.

## Risk Business: What You Need to Read Today

### 

### [Towers Watson’s Odd Choice of Words](http://www.bloomberg.com/gadfly/articles/2015-12-09/willis-could-still-increase-bid-for-towers-watson?ref=riskmarketnews.com)

#### [Bloomberg Gadfly](http://www.bloomberg.com/gadfly/articles/2015-12-09/willis-could-still-increase-bid-for-towers-watson?ref=riskmarketnews.com)

In M&A, just like in property auctions, “best and final” offers are traditionally made by the buyer.

### [Einhorn Slump Wipes Out Greenlight’s Gains From 2007 IPO](http://www.bloomberg.com/news/articles/2015-12-09/einhorn-slump-wipes-out-greenlight-reinsurer-gains-from-2007-ipo?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2015-12-09/einhorn-slump-wipes-out-greenlight-reinsurer-gains-from-2007-ipo?ref=riskmarketnews.com)

Greenlight Capital Re Ltd. erased most of its gains from its 2007 initial public offering price after losses from investments and underwriting.

### [Citizens Blames Water Claims, But Reinsurance Proves Costly](http://www.mypalmbeachpost.com/news/news/citizens-rate-hikes-above-10-may-be-needed-for-wat/npgJZ/?ref=riskmarketnews.com)

#### [Palm Beach Post](http://www.mypalmbeachpost.com/news/news/citizens-rate-hikes-above-10-may-be-needed-for-wat/npgJZ/?ref=riskmarketnews.com)

Citizens paid about $300 million to private companies for reinsurance that did not pay for any customer claims in 2015.

### [From the Makers of Catastrophe Bonds, a New ‘Resilience Bond’](http://blogs.wsj.com/moneybeat/2015/12/09/from-the-makers-of-catastrophe-bonds-a-new-resilience-bond/?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://blogs.wsj.com/moneybeat/2015/12/09/from-the-makers-of-catastrophe-bonds-a-new-resilience-bond/?ref=riskmarketnews.com)

Some of the people who brought you “catastrophe bonds” now want to bring you “resilience bonds.”