December 29, 2015: Reinsurance Mergers Remain in the Tax Crosshairs and Seattle Maps Catastrophes

Risk Science: What You Need to Read Today

Do You Live in a Natural-Disaster Danger Zone? Check This Interactive Seattle Map

Seattle Times

A new online map lets Seattle residents zoom in on the range of natural hazards that threaten their homes, hangouts and workplaces.

The Year in Disasters: Fracking, Fires and Floods

Texas Observer

In 2015, we didn’t have to fear acts of God — our disasters, fueled by climate change, were man-made.

Record El Nino, Climate Change Drive Extreme Weather

Phys.org

Deadly extreme weather on at least five continents is driven in large part by a record-breaking El Nino, but climate change is a likely booster too, experts said Monday.

Damage From Sinking Land Costing California Billions

AP

Four years of drought and heavy reliance on pumping of groundwater have made the land sink faster than ever up and down the Central Valley.

Risk Business: What You Need to Read Today

Insurance Mergers Face U.S. Regulatory Uncertainty Despite Inversions Clarification

Reuters

Proposed anti-inversion regulations help mollify insurers by clarifying the “cash box” issue, but M&A activity in the insurance sector is still fraught with regulatory uncertainty.

There’s Value Hidden in This Chinese Insurer

WSJ (sub may be required)

The staid world of insurance has thrown up an interesting value play. The actors include two of China’s top insurers and one of America’s.

Near Dallas, Residents Tally Tornadoes’ Devastation

New York Times

By far the worst physical toll was in the suburbs of Dallas, particularly Garland, where more than 600 structures were damaged.

UK Building 10,000 Homes a Year on Floodplains

Financial Times (sub may be required)

Britain is still building nearly 10,000 new homes a year on floodplains despite growing warnings over episodes of extreme flooding.


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