December 13, 2016: Water Drowns Major Weather Research Bill, EQC Pushes Quake Claims to the Private Market and Australia is Ready to Spark
1 min read

December 13, 2016: Water Drowns Major Weather Research Bill, EQC Pushes Quake Claims to the Private Market and Australia is Ready to Spark

Risk Science: What You Need to Read Today

Water War Rider Kills Popular Forecasting Bill

E&E Daily

Supporters hoped the Weather Research and Forecasting Innovation Act would lead to earlier warnings for severe weather such as tornadoes and hurricanes.

Mitigating the Risk of Geoengineering

Harvard Gazette

Solar geoengineering — injecting light-reflecting sulfate aerosols into the stratosphere to cool the planet – may be a risky way to blunt climate change.

Earthquake Faults Are Smarter Than We Usually Think

Northwestern University

New computer model shows clusters can occur on faults with ‘long-term memory.’

Bushfire Fears as South-Eastern Australia Swelters Through Record Heat

Guardian

Emergency services say NSW and ACT ‘extremely vulnerable’ to bushfires as temperatures set to exceed 33C in Sydney, Canberra, Melbourne and Adelaide

Risk Business: What You Need to Read Today

Why Would a Chinese Insurance Giant Want to Own a Gas Pipeline?

WSJ (sub may be required)

China’s promised market reforms increasingly appear to be spreading risk across state-backed enterprises rather than taking it out.

Business Interests, Attorneys Dominate Insurance and Banking Panel

Florida Politics

The panel is expected to address the assignment of benefits agreements blamed for driving up property insurance costs..

Government Passes Kaikoura Quake Baton to Private Insurers

National Business Review

EQC has signed an agreement that will see all private insurers receive, assess and settle home and contents claims arising from the November 14 quake.

Soros-Backed LeapFrog Raising $800 Million for Africa Deals

Bloomberg

LeapFrog plans to raise $800 million for its latest fund as the private-equity firm seeks stakes in African banks and insurance brokers.

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