December 24, 2015: Southern U.S. Storm Destruction, Hard Lessons for Insurance Investments and the China's Safety Problem
1 min read

December 24, 2015: Southern U.S. Storm Destruction, Hard Lessons for Insurance Investments and the China's Safety Problem

Risk Science: What You Need to Read Today

Southern U.S. Cleans Up After Severe Storms Packing Twisters Kill Six

Reuters

More than 20 tornadoes were reported on Wednesday.

Insurance Firm Turns to Planting Trees in South Africa to Combat Drought Risk

The Guardian

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

Japan Times

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

Science AAAS

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

Institutional Investor

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

Bloomberg

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

New York Law Journal

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

New York Times

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

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