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# December 21, 2015: Another China Safety Disaster, Modeling Sox Risk and Terrorism Insurance Booms
- URL: https://www.riskmarketnews.com/december-21-2015-another-china-safety-disaster-modeling-sox-risk-and-terrorism-insurance-booms/
- Published: 2015-12-21T08:15:37.000Z
- Updated: 2015-12-21T08:15:37.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Overlooked Safety Risks Added to Landslide in China, Reports Say](http://www.nytimes.com/2015/12/22/world/asia/china-landslide-shenzhen.html?ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2015/12/22/world/asia/china-landslide-shenzhen.html?ref=riskmarketnews.com)

The Ministry of Land and Resources said the landslide that destroyed at least 33 buildings on Sunday was caused by the collapse not of a hillside but of a sodden mountain of dirt and construction debris.

### [Sapient Global Markets Brings Risk Management to Big Leagues](https://www.bostonglobe.com/sports/2015/12/18/bringing-risk-managament-big-leagues/KQJQ410bcfAcz8raPWXuxM/story.html?ref=riskmarketnews.com)

#### [Boston Globe](https://www.bostonglobe.com/sports/2015/12/18/bringing-risk-managament-big-leagues/KQJQ410bcfAcz8raPWXuxM/story.html?ref=riskmarketnews.com)

The Boston-based financial firm firm can build models that help teams understand which players best fit their system.

### [Deaths From Disasters Double This Year as Planet Heats Up](http://www.bloomberg.com/news/articles/2015-12-18/deaths-from-disasters-double-this-year-as-planet-heats-up?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2015-12-18/deaths-from-disasters-double-this-year-as-planet-heats-up?ref=riskmarketnews.com)

At least 26,000 people died in heat waves, earthquakes, floods and other disasters during a year that was probably the warmest on record.

### [Is Nuclear War Risk Rising? Experts Say Yes](http://blogs.reuters.com/great-debate/2015/12/20/whats-the-likelihood-of-nuclear-war-in-the-next-20-years/?ref=riskmarketnews.com)

#### [Reuters](http://blogs.reuters.com/great-debate/2015/12/20/whats-the-likelihood-of-nuclear-war-in-the-next-20-years/?ref=riskmarketnews.com)

A poll of current and former military officials, international relations professors and insurance and risk specialists puts a 6.8 percent chance on a major nuclear war in the next 20 years.

## Risk Business: What You Need to Read Today

### [Terrorism Insurance Is a Booming Business After Paris and San Bernardino](http://www.vice.com/read/terrorism-insurance-is-a-booming-business-after-paris-and-san-bernardino?ref=riskmarketnews.com)

#### [Vice](http://www.vice.com/read/terrorism-insurance-is-a-booming-business-after-paris-and-san-bernardino?ref=riskmarketnews.com)

With recent attacks on soft, non-military targets, like in Paris and San Bernardino, more businesses are feeling vulnerable.

### [Government Merges Two State-Owned Reinsurers](http://www.thejakartapost.com/news/2015/12/21/government-merges-two-state-owned-reinsurers.html?ref=riskmarketnews.com)

#### [Jakarta Post](http://www.thejakartapost.com/news/2015/12/21/government-merges-two-state-owned-reinsurers.html?ref=riskmarketnews.com)

The merger was expected to pave a way for the establishment of a local giant reinsurer that would be able to compete at the regional level.

### [Hack Attacks and Data Law Boost European Cyber Insurance Demand](http://www.reuters.com/article/us-europe-cyber-insurance-idUSKBN0U11NO20151218?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-europe-cyber-insurance-idUSKBN0U11NO20151218?ref=riskmarketnews.com)

New European legislation on data privacy is helping push up regional demand for cyber insurance, industry specialists say.

### [Yates Memo Spurs Reviews of D&O Indemnification, Insurance](http://www.bna.com/yates-memo-spurs-n57982065350/?ref=riskmarketnews.com)

#### [BNA](http://www.bna.com/yates-memo-spurs-n57982065350/?ref=riskmarketnews.com)

The Department of Justice’s focus on individual liability for corporate crimes is spurring directors and officers to push for measures that provide them with advancement of legal fees and the maximum indemnification possible.