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# December 24, 2015: Southern U.S. Storm Destruction, Hard Lessons for Insurance Investments and the China's Safety Problem
- URL: https://www.riskmarketnews.com/december-24-2015/
- Published: 2015-12-24T06:19:20.000Z
- Updated: 2015-12-24T06:19:20.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Southern U.S. Cleans Up After Severe Storms Packing Twisters Kill Six](http://www.reuters.com/article/us-christmas-season-travel-idUSKBN0U628C20151224?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-christmas-season-travel-idUSKBN0U628C20151224?ref=riskmarketnews.com)

More than 20 tornadoes were reported on Wednesday.

### [Insurance Firm Turns to Planting Trees in South Africa to Combat Drought Risk](http://www.theguardian.com/environment/2015/dec/23/insurance-company-turns-planting-trees-south-africa-combat-drought-risk?ref=riskmarketnews.com)

#### [The Guardian](http://www.theguardian.com/environment/2015/dec/23/insurance-company-turns-planting-trees-south-africa-combat-drought-risk?ref=riskmarketnews.com)

The country’s biggest agricultural insurer is working to actively reduce drought risk with a vanguard project to restore living landscapes.

### [U.N. Assembly Chief Hails Significance of Tsunami Resolution](http://www.japantimes.co.jp/news/2015/12/23/national/u-n-assembly-chief-hails-significance-of-tsunami-resolution/?ref=riskmarketnews.com#.VnvTITZ2n%5Ft)

#### [Japan Times](http://www.japantimes.co.jp/news/2015/12/23/national/u-n-assembly-chief-hails-significance-of-tsunami-resolution/?ref=riskmarketnews.com#.VnvTITZ2n%5Ft)

The adoption comes just ahead of the fifth anniversary on March 11 of the magnitude-9 offshore earthquake that triggered massive sea waves that engulfed northeastern coastal regions of Japan.

### [U.S. Oversight of Risky Pathogen Research Could Be Better, Draft Report Concludes](http://news.sciencemag.org/health/2015/12/u-s-oversight-risky-research-could-be-better-draft-report-concludes?ref=riskmarketnews.com)

#### [Science AAAS](http://news.sciencemag.org/health/2015/12/u-s-oversight-risky-research-could-be-better-draft-report-concludes?ref=riskmarketnews.com)

Just a “small subset” of studies that manipulate dangerous pathogens to give them new abilities pose potentially grave risks to the public.

## Risk Business: What You Need to Read Today

### [What 2015 Taught Insurance Fixed-Income Investors](http://www.institutionalinvestor.com/gmtl/3516585/what-2015-taught-insurance-fixed-income-investors.html?ref=riskmarketnews.com#/.VnvNvDZ2n%5Fs)

#### [Institutional Investor](http://www.institutionalinvestor.com/gmtl/3516585/what-2015-taught-insurance-fixed-income-investors.html?ref=riskmarketnews.com#/.VnvNvDZ2n%5Fs)

Stress testing and modeling the risks of an rising risk environment will be key in 2016.

### [China Steps Up Scrutiny as Insurers’ Buying Spree Sweeps Vanke](http://www.bloomberg.com/news/articles/2015-12-24/china-steps-up-scrutiny-as-insurers-buying-spree-sweeps-vanke?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2015-12-24/china-steps-up-scrutiny-as-insurers-buying-spree-sweeps-vanke?ref=riskmarketnews.com)

Chinese regulators told insurers to make timely disclosures on investments in public stocks amid a buying spree.

### [Split Panel Relieves Insurers of Coverage for Crane Collapse](http://www.newyorklawjournal.com/id=1202745656695/Split-Panel-Relieves-Insurers-of-Coverage-for-Crane-Collapse?mcode=1202615036097&curindex=3&curpage=ALL&ref=riskmarketnews.com)

#### [New York Law Journal](http://www.newyorklawjournal.com/id=1202745656695/Split-Panel-Relieves-Insurers-of-Coverage-for-Crane-Collapse?mcode=1202615036097&curindex=3&curpage=ALL&ref=riskmarketnews.com)

The panel parsed the meaning of what covered “temporary works” within a $700 million builders risk policy.

### [Shenzhen Landslide Casts Shadow Over China’s Success Story](http://www.nytimes.com/2015/12/24/business/international/shenzhen-landslide-casts-shadow-over-chinas-success-story.html?%5Fr=0&ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2015/12/24/business/international/shenzhen-landslide-casts-shadow-over-chinas-success-story.html?%5Fr=0&ref=riskmarketnews.com)

Disregard for safety standards and environmental regulations remains common despite growing risks.