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# December 27, 2016:Buffett Ventures Into Japan Quake, a Better Hurricane Balloon and Hedge Funds Feel Fine
- URL: https://www.riskmarketnews.com/december-27-2016buffett-ventures-japan-quake-better-hurricane-balloon-hedge-funds-feel-fine/
- Published: 2016-12-27T08:32:40.000Z
- Updated: 2016-12-27T08:32:41.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [B.C. Earthquake Threatens Vancouver Buildings](http://theprovince.com/feature/b-c-earthquake-threatens-vancouver-buildings?ref=riskmarketnews.com)

#### [The Province ](http://theprovince.com/feature/b-c-earthquake-threatens-vancouver-buildings?ref=riskmarketnews.com)

More than once, the city has failed to act on its own recommendations for addressing the seismic dangers of older private buildings

### [Typhoon in the Philippines Kills 6, Sends Hundreds of Thousands to Emergency Shelters on Christmas](http://www.latimes.com/world/la-fg-typhoon-philippines-christmas-20161226-story.html?ref=riskmarketnews.com)

#### [LA Times](http://www.latimes.com/world/la-fg-typhoon-philippines-christmas-20161226-story.html?ref=riskmarketnews.com)

The typhoon had sustained winds of up to 74 mph and gusts of up to 111 mph when it blew into the South China Sea.

### [Chile Jolted by Major 7.6-Magnitude Earthquake](https://www.theguardian.com/world/2016/dec/25/chile-hit-77-magnitude-earthquake-puerto-montt?ref=riskmarketnews.com)

#### [The Guardian](https://www.theguardian.com/world/2016/dec/25/chile-hit-77-magnitude-earthquake-puerto-montt?ref=riskmarketnews.com)

Evacuation order and tsunami watch lifted three hours after the Christmas Day quake struck, allowing 5,000 people to return home.

### [Control Algorithms Could Keep Sensor-Laden Balloons Afloat in Hurricanes for a Week](http://phys.org/news/2016-12-algorithms-sensor-laden-balloons-afloat-hurricanes.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2016-12-algorithms-sensor-laden-balloons-afloat-hurricanes.html?ref=riskmarketnews.com)

Controls engineers at UC San Diego have developed practical strategies for building and coordinating scores of sensor-laden balloons within hurricanes.

## Risk Business: What You Need to Read Today

### [Berkshire Hathaway to Bet on Earthquake Insurance in Japan](http://asia.nikkei.com/Business/Companies/Berkshire-Hathaway-to-bet-on-earthquake-insurance-in-Japan?ref=riskmarketnews.com)

#### [Nikkei](http://asia.nikkei.com/Business/Companies/Berkshire-Hathaway-to-bet-on-earthquake-insurance-in-Japan?ref=riskmarketnews.com)

Asian unit would act as reinsurer to help stabilize premium fees.

### [Five Industries Under Threat from Technology](https://www.ft.com/content/b25e0e62-c6ca-11e6-9043-7e34c07b46ef?ref=riskmarketnews.com)

#### [Financial Times (sub may be required))](https://www.ft.com/content/b25e0e62-c6ca-11e6-9043-7e34c07b46ef?ref=riskmarketnews.com)

New technology puts a big chunk of auto insurance premium under threat in a variety of ways.

### [Hedge Fund Managers See Smooth Sailing](http://www.pionline.com/article/20161226/PRINT/312269993/hedge-fund-managers-see-smooth-sailing?ref=riskmarketnews.com)

#### [Pensions & Investments](http://www.pionline.com/article/20161226/PRINT/312269993/hedge-fund-managers-see-smooth-sailing?ref=riskmarketnews.com)

Despite widespread anticipation of large-scale change, there’s an element of back-to-the future for hedge fund managers.

### [As Many As 13 Foreign Firms, Including Warren Buffet’s, Vying to Enter Indian Reinsurance Sector](http://www.financialexpress.com/industry/as-many-as-13-foreign-firms-including-warren-buffets-vying-to-enter-indian-reinsurance-sector/486712/?ref=riskmarketnews.com)

#### [Financial Express](http://www.financialexpress.com/industry/as-many-as-13-foreign-firms-including-warren-buffets-vying-to-enter-indian-reinsurance-sector/486712/?ref=riskmarketnews.com)

The Insurance Regulatory and Development Authority of India is clearing the preliminary approvals including Lloyd’s from London and Warren Buffet’s Gen Re last week