Risk Science: What You Need to Read Today
‘Chennai Floods an Eye Opener for City Planners’
The Hindu
Some experts have opined that Chennai being one of the outsourcing hub of India and a major destination of foreign investment, the current disastrous situation could also affect the national economy.
Bushfire Map Shows Most of Western Australia Prone to Fires
Perth Now
The extent of WA’s fire danger can be laid bare for the first time.
QUT Creates Earthquake Sensor System for Buildings
IoT Hub
Researchers at the Queensland University of Technology have developed an advanced structural health monitoring system and have embedded it into one of their campus buildings.
Photos: Storm Desmond Flooding Has Broken UK Rainfall Records
Quartz
A punishing storm hit the United Kingdom this weekend, knocking out power to tens of thousands of homes and flooding parts of northern England, Ireland, and Scotland.
Risk Business: What You Need to Read Today
Chinese Companies Look at Insurance Stakes
Sydney Morning Herald
Chinese financial services companies may soon snap up stakes in Australian insurers, as Asian businesses seek to diversify their footprints and learn from their developed-country counterparts.
Bermuda Accuses Critics of ‘a Lack of Respect’ Over Transparency
Financial Times (sub may be required)
Campaigners attack offshore centre for support of tax dodging, corruption and terrorist financing.
AIG Seeks to Raise About $750 Mln in PICC Property Stake Sale – IFR
Reuters
AIG is offering between 355 million and 365 million shares in PICC Property and Casualty in a range of HK$16.08-HK$16.38 each.
Thousands of Homes Damaged by Sandy Remain Uninsured
Newsday (sub may be required)
Thousands of Long Island homes damaged by superstorm Sandy are still not covered by flood insurance, leaving much of the region dependent on government aid if another catastrophe hits.
