Risk Science: What You Need to Read Today
Tracking Trends in U.S. Flood Risk
Eos
As floods become more frequent around the globe, scientists work to pinpoint what puts certain regions at risk.
GeoNet to Receive Funding Boost to Monitor Earthquakes
New Zealand Herald
The funding boost comes after scrutiny of the official response to the Kaikoura earthquake, particularly how quickly a tsunami alert was issued.
Spiking Temperatures in the Arctic Startle Scientists
New York Times
A spate of extreme warmth in the Arctic over the past two months has startled scientists.
Target’s Expensive Cybersecurity Mistake
Harvard Business School Working Knowledge
A researcher explores one of the largest cyber breaches in history, analyzing why failures happen, who should be held accountable, and how preventing them is both a technical problem and a matter of organizational design.
Risk Business: What You Need to Read Today
When An Environmental Externality is No Longer External
FT Alphaville
Guidelines on how companies should disclose climate risks include specific guidelines for insurers.
New Tool Calculates Benefits of Building Hazard-Resistant Structures
MIT News
The Metric developed by MIT Concrete Sustainability Hub shows that when building in areas prone to natural disasters.
China Insurance Regulator Tightening New License Issuance – Sources
Reuters
Concerns about the kinds of asset purchases and trading conducted by some insurers are among the reasons for the cautious approach.
Allianz Global Investors Backs Nebraska Wind Farm Owned by Berkshire Hathaway
WSJ (sub may be required)
Infrastructure debts tend to be long-term assets, and are a good fit for insurance companies that need to manage liabilities.