Risk Science: What You Need to Read Today
The Rise Of Emerging Risk And Casualty Catastrophe Models
GC Capital Ideas
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
Washington Post
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
Scientific Computing
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
Reuters via Daily Mail
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
Bloomberg Gadfly
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
Bloomberg
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
Palm Beach Post
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’
WSJ (sub may be required)
Some of the people who brought you “catastrophe bonds” now want to bring you “resilience bonds.”
