Risk Science: What You Need to Read Today
Ever greater interconnectivity between companies means a disaster in one region can often wreak havoc in another
The studies provide the first detailed look at why large-scale geologic features within the mantle behave differently on either side of the megameter divide.
The researchers looking at Storm Desmons came to their conclusions using statistical analyses of the historical temperature record and thousands of simulations of possible weather, as well as a regional climate model.
Targeting money only at areas hit by drought and other climate extremes in an effort to build resilience among the world’s poorest may be ineffective, researchers said.
Risk Business: What You Need to Read Today
As climate change leads to more and worse storms, the growing catastrophe bond market provides some reassurance.
Takeovers that are still half-done could fall over. And banks may become warier about financing new deals, or refinancing existing assets.
David Herzog and John Doyle, head of commercial insurance, are leaving the insurer.
NYCHA has detailed what it says is $1.5 billion in “coverable losses,” but so far the insurers have provided a total of $242 million.
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