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# December 29, 2016: Lloyd's Predicts 2017 Cyber Insurance Boom and All the Good and Bad Data of 2016
- URL: https://www.riskmarketnews.com/december-29-2016-lloyds-predicts-2017-cyber-insurance-boom-good-bad-data-2016/
- Published: 2016-12-29T10:36:50.000Z
- Updated: 2016-12-29T10:36:50.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [The Best And Worst Data Stories Of 2016](http://fivethirtyeight.com/features/the-best-and-worst-data-stories-of-2016/?ref=riskmarketnews.com)

#### [FiveThirtyEight](http://fivethirtyeight.com/features/the-best-and-worst-data-stories-of-2016/?ref=riskmarketnews.com)

Honoring those who did remarkably good stuff with data, to shame those who did remarkably bad stuff.

### [From Crispr to Zika, Here Are 2016’s Biggest Biology Stories](https://www.wired.com/2016/12/crispr-zika-2016s-biggest-biology-stories/?ref=riskmarketnews.com)

#### [Wired](https://www.wired.com/2016/12/crispr-zika-2016s-biggest-biology-stories/?ref=riskmarketnews.com)

Beyond Zika, biologists continued to hammer away at old enemies like HIV, cholera, and antibiotic-resistant bacteria.

### [South Florida Tidal Floods Could Occur 10 Times Per Year by 2040](http://www.mypalmbeachpost.com/weather/south-florida-tidal-floods-could-occur-times-per-year-2040/qPpnaHTvEfjPOCn6OoCfjP/?ref=riskmarketnews.com)

#### [Palm Beach Post](http://www.mypalmbeachpost.com/weather/south-florida-tidal-floods-could-occur-times-per-year-2040/qPpnaHTvEfjPOCn6OoCfjP/?ref=riskmarketnews.com)

The five higher events occurred during hurricanes, including 2005’s Hurricane Wilma.

### [Wave Gliding in the Eye of the Storm](https://eos.org/research-spotlights/wave-gliding-in-the-eye-of-the-storm?ref=riskmarketnews.com)

#### [Eos](https://eos.org/research-spotlights/wave-gliding-in-the-eye-of-the-storm?ref=riskmarketnews.com)

Scientists use a new remote-controlled robot to capture data from the middle of an open ocean typhoon.

## Risk Business: What You Need to Read Today

### [Boom in Cyber Attack Insurance Predicted to Gather Pace](https://www.ft.com/content/a767e518-c91e-11e6-8f29-9445cac8966f?ref=riskmarketnews.com)

#### [Financial Times (sub may be required)](https://www.ft.com/content/a767e518-c91e-11e6-8f29-9445cac8966f?ref=riskmarketnews.com)

Lloyd’s of London expects further surge in demand after 50 per cent rise in 2016.

### [Flood Insurance Coverage Booms After Devastation in Baton Rouge Area, But Will it Last?](http://www.theadvocate.com/louisiana%5Fflood%5F2016/article%5F576c3c7a-cd1b-11e6-80e4-1bf917def63d.html?ref=riskmarketnews.com)

#### [The Advocate](http://www.theadvocate.com/louisiana%5Fflood%5F2016/article%5F576c3c7a-cd1b-11e6-80e4-1bf917def63d.html?ref=riskmarketnews.com)

Surges in coverage are common after a flood, some required as a condition of receiving federal assistance and others in reaction to the devastation.

### [China Tightens Regulation on Insurance Company Ownership Structure](http://www.reuters.com/article/china-insurance-regulations-idUSB9N1EG022?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/china-insurance-regulations-idUSB9N1EG022?ref=riskmarketnews.com)

The upper limit of a single shareholder’s stake in an insurance company will be lowered to one-third.

### [Challenge 2017: Fort McMurray Faces Massive Rebuild After Most Expensive Natural Disaster in Canadian History](http://business.financialpost.com/news/challenge-2017-fort-mcmurray-faces-massive-rebuild-after-most-expensive-natural-disaster-in-canadian-history?ref=riskmarketnews.com)

#### [Financial Post](http://business.financialpost.com/news/challenge-2017-fort-mcmurray-faces-massive-rebuild-after-most-expensive-natural-disaster-in-canadian-history?ref=riskmarketnews.com)

The Insurance Bureau of Canada pegged the cost in claims at $3.6 billion.