December 31, 2015: Climate Chaos Peak, Reinsurance Bottom - Welcome to 2016
1 min read

December 31, 2015: Climate Chaos Peak, Reinsurance Bottom - Welcome to 2016

Risk Science: What You Need to Read Today

Climate Chaos, Across the Map

New York Times

Coincidence or not, every kind of trouble that the experts have been warning about for years seems to be occurring at once.

Midwest Braces for More flooding as Rain-Swollen Rivers Rise

Reuters

Flooding has destroyed hundreds of homes and businesses, and overflowing rivers could menace Southern states as the water moves downstream toward the Gulf of Mexico.

A Pair of Tremors Highlight the Different Types of West Coast Earthquakes

Gizmodo

The stories behind why they two recent quakes happened reveal dramatically different Worst Case Scenarios for future earthquakes.

Scientists Create New Tool to Fight Spread of the Plague

CNN

Scientists have created a predictive map that may help identify areas of the United States likely to see cases of plague in the near future.

Risk Business: What You Need to Read Today

Reinsurers Hit by Falling Renewal Prices

FT (sub may be required)

Reinsurers are facing further pressure after the December contract renewal season delivered another year of falling prices — the fourth in succession.

One Rule to Bind Them All

The Economist

New regulations will give a better sense of the soundness of Europe’s insurers.

North Texas Tornadoes Caused $1.2 Billion in Insured Damage

Ft. Worth Star Telegram

Weekend tornadoes that ripped through North Texas caused $1.2 billion worth of insured damage, according to preliminary figures released Tuesday by the Insurance Council of Texas.

China Regulators Seek to Cover Risks Posed by Aggressive Insurers

WSJ (sub may be required)

Beijing worried stock purchases and the sale of high-return products by insurers are adding to market volatility.

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