> ## Content Index
> Fetch the complete content index at: https://www.riskmarketnews.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# December 28, 2015: Tornadoes, Floods and Wildfires Skip Holiday Break
- URL: https://www.riskmarketnews.com/december-28-2015-tornadoes-floods-and-wildfires-skip-holiday-break/
- Published: 2015-12-28T10:26:25.000Z
- Updated: 2015-12-28T10:26:25.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Christmas Time Storms, Tornadoes Kill at Least 43 in U.S.](http://www.reuters.com/article/us-usa-weather-holiday-idUSKBN0U90DX20151228?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-usa-weather-holiday-idUSKBN0U90DX20151228?ref=riskmarketnews.com)

The bad weather, or the threat of it, prompted the governors of Missouri and New Mexico to declare a state of emergency for their states.

### [Climate Change Not the Main Cause for Increase in Flood Risk in Flood Prone Areas](http://phys.org/news/2015-12-climate-main-prone-areas.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2015-12-climate-main-prone-areas.html?ref=riskmarketnews.com)

Over 70% of this increase flood losses can be attributed to economic growth in flood prone areas.

### [Perils of a Slow-Shaking Quake](http://www.japantimes.co.jp/opinion/2015/12/26/editorials/perils-slow-shaking-quake/?ref=riskmarketnews.com#.VoEfpzZ2n%5Fs)

#### [Japan Times](http://www.japantimes.co.jp/opinion/2015/12/26/editorials/perils-slow-shaking-quake/?ref=riskmarketnews.com#.VoEfpzZ2n%5Fs)

The Cabinet Office has unveiled estimates of horizontal vibrations of tall buildings, the first of its kind.

### [Why Do People Start Bushfires?](http://www.news.com.au/national/crime/why-do-people-start-bushfires/news-story/cdd922197eb96e5965d5b71998d0294a?ref=riskmarketnews.com)

#### [News.com.au](http://www.news.com.au/national/crime/why-do-people-start-bushfires/news-story/cdd922197eb96e5965d5b71998d0294a?ref=riskmarketnews.com)

The Australian Institute for Criminology puts the price tag on their destructive habits at about $1.6 billion a year.

## Risk Business: What You Need to Read Today

### [UK Flooding: ‘Too Early’ to Know Full Cost to Britain But Crisis Could Wipe 0.2pc off GDP](http://www.telegraph.co.uk/finance/economics/12070560/UK-flooding-too-early-to-know-full-cost-to-Britain-but-crisis-could-wipe-0.2pc-off-GDP.html?ref=riskmarketnews.com)

#### [Telegraph](http://www.telegraph.co.uk/finance/economics/12070560/UK-flooding-too-early-to-know-full-cost-to-Britain-but-crisis-could-wipe-0.2pc-off-GDP.html?ref=riskmarketnews.com)

Insurance industry waits for flood waters to recede before estimating cost of damage but economist says emergency will impact economic growth.

### [Natural Disasters Cost German Insurers 2.1 Bln Euros in 2015](http://af.reuters.com/article/energyOilNews/idAFL8N14H12620151228?ref=riskmarketnews.com)

#### [Reuters](http://af.reuters.com/article/energyOilNews/idAFL8N14H12620151228?ref=riskmarketnews.com)

Windstorm Niklas caused 750 million euros in claims alone.

### [Chinese Insurers Spark Off Buying Spree in Mainland Property Firms](http://www.scmp.com/property/hong-kong-china/article/1895518/chinese-insurers-spark-buying-spree-mainland-property-firms?ref=riskmarketnews.com)

#### [South China Morning Post](http://www.scmp.com/property/hong-kong-china/article/1895518/chinese-insurers-spark-buying-spree-mainland-property-firms?ref=riskmarketnews.com)

Most eye-catching deal is the share buying by Shenzhen property and insurance group Baoneng in China Vanke.

### [AIG Chief Pressed to Fend off Icahn’s Break-Up Calls](http://www.ft.com/intl/cms/s/0/f3ed69c2-a943-11e5-843e-626928909745.html?ref=riskmarketnews.com#axzz3vc9RcwUh)

#### [Financial Times (sub may be required)](http://www.ft.com/intl/cms/s/0/f3ed69c2-a943-11e5-843e-626928909745.html?ref=riskmarketnews.com#axzz3vc9RcwUh)

Pressure is mounting on Peter Hancock to come up with a compelling plan to boost profits at the giant insurer.

### [Cost of Property Losses from Victorian Bushfires is Expected to top $40m](http://www.theguardian.com/australia-news/2015/dec/28/victoria-bushfires-could-flare-up-again-this-week-emergency-services-warn?ref=riskmarketnews.com)

#### [The Guardian](http://www.theguardian.com/australia-news/2015/dec/28/victoria-bushfires-could-flare-up-again-this-week-emergency-services-warn?ref=riskmarketnews.com)

Homeowners start to return to area, but fire authority warns that danger could return when temperatures rise up to 35C on New Year’s Eve.