December 28, 2016: German Insurers' $2B Storm Bill, Indonesia Developing Terror Index
1 min read

December 28, 2016: German Insurers' $2B Storm Bill, Indonesia Developing Terror Index

Risk Science: What You Need to Read Today

Tokyo Shakes as Magnitude-6.3 Earthquake Strikes Northern Ibaraki Prefecture

Japan Times

The strong quake, which registered lower 6 on the Japanese shindo scale to 7, hit areas near Takahagi in northern Ibaraki Prefecture.

Year of the Flood: The Nation’s 10 Most Extreme Weather Events of 2016

Washington Post

In 2016, of all the weather events to affect the nation, four stood out: a hurricane, a flood, a drought and a blizzard.

Terrorism index Should Highlight Intra-Religious Conflict: Expert

Jakarta Post

Indonesia plans to establish the Terrorism Risk Index to detect potential terrorism acts in regions across the country.

Australia Flood: Six Found Safe After Record Rainfall

BBC

The Christmas storm drenched the usually dry region, causing flash floods and turning the soil into mud.

Risk Business: What You Need to Read Today

Storms Cost German Insurers $2.1 Billion in 2016: GDV

Reuters

Storms that struck Germany in late May and early June accounted for around half of the 2016 claims.

Biggest Billionaire Gainer Of 2016: Warren Buffett’s Fortune Surges More Than Anyone Else In America

Forbes

Once Donald Trump won, Berkshire took off along with the rest of the stock market.

Life Insurers Say Forthcoming Accounting Changes Demanding

Bloomberg BNA

Potential FASB rule changes for life insurance and annuities contracts would be significant and could possibly fail a cost-benefit analysis.

Non-Banks Shake up Dutch Mortgages

Financial Times (sub may be required)

Pension funds and insurers have made a move on the Netherlands’ €660bn home loan market, bypassing traditional lenders.

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