December 23, 2015: World Bank Backs Catastrophe Credit Line and Testing Forensic Seismology
1 min read

December 23, 2015: World Bank Backs Catastrophe Credit Line and Testing Forensic Seismology

Risk Science: What You Need to Read Today

 Forensic Seismology Tested on 2006 Munitions Depot ‘Cook-Off’ in Baghdad

Phys.org

Seismometers were developed to record earthquakes, but then they turned out to be useful in all kinds of creative ways.

Why California Still Lacks an Earthquake Detector

San Francicso Weekly

Other countries, including Mexico, Japan, and Turkey, have had functioning earthquake warning systems for decades.

What Happened to the Polar Vortex?

Discover News

Research suggests that the rapid warming of the Arctic, which is happening at about twice the pace of the planet as a whole, could be impacting the polar vortex.

Winter Is Coming: La Niña Poised to Storm the Markets

WSJ (sub may be required)

The end of an El Niño event is often followed by its reversal, known as La Niña.

Risk Business: What You Need to Read Today

Philippines: New Initiative to Boost Resilience Against Natural Disasters

The Financial

A new contingent line of credit to support the Philippines’ efforts to manage the risks posed by natural disasters was approved by the World Bank Group’s Board of Executive Directors on December 22.

India to Launch New Crop Damage Insurance Scheme

Reuters

The government will lower the share of insurance premiums farmers pay from the current rate of up to 40 percent.

San Bernardino Massacre Site Had Once-Rare Terrorism Insurance, But It May Not Kick In

Orange County Register

Experts say it’s the center’s standard property insurance that most likely will pay to replace bullet-riddled walls and water-damaged ceilings and floors.

Japan Inc: M&A’s Big Spenders

Financial Times (sub may be required)

In the insurance sector alone, Japanese companies struck $25bn of deals during 2015.

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