December 28, 2015: Tornadoes, Floods and Wildfires Skip Holiday Break
1 min read

December 28, 2015: Tornadoes, Floods and Wildfires Skip Holiday Break

Risk Science: What You Need to Read Today

Christmas Time Storms, Tornadoes Kill at Least 43 in U.S.

Reuters

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

Phys.org

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

Perils of a Slow-Shaking Quake

Japan Times

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

Why Do People Start Bushfires?

News.com.au

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

Telegraph

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

Reuters

Windstorm Niklas caused 750 million euros in claims alone.

Chinese Insurers Spark Off Buying Spree in Mainland Property Firms

South China Morning Post

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

Financial Times (sub may be required)

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

The Guardian

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.

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