> ## Content Index
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# February 10, 2016: Another Year, Another Crop Reinsurance Cut and Australia's Climate Model Conundrum
- URL: https://www.riskmarketnews.com/february-10-2016-another-year-another-crop-reinsurance-cut-and-australias-climate-model-conundrum/
- Published: 2016-02-10T07:40:42.000Z
- Updated: 2016-02-10T07:40:42.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [CSIRO Modeling ‘Must Continue’: Finkel](http://www.theaustralian.com.au/higher-education/csiro-modelling-must-continue-finkel/news-story/491765eb951d48c49cd9319ea9d82b20?ref=riskmarketnews.com)

#### [The Australian ](http://www.theaustralian.com.au/higher-education/csiro-modelling-must-continue-finkel/news-story/491765eb951d48c49cd9319ea9d82b20?ref=riskmarketnews.com)

Dr Finkel said CSIRO needed to guarantee a succession plan for its crucial work measuring and modelling the region’s climate.

### [For Coastal Towns to Prepare for Deadly Storm Surges, They Must Accept that Disasters Can Happen](http://phys.org/news/2016-02-coastal-towns-deadly-storm-surges.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2016-02-coastal-towns-deadly-storm-surges.html?ref=riskmarketnews.com)

The sea is moving up the beach, and storms are coming. But most people don’t think the catastrophes will happen to them.

### [Fires Are Increasing in Warming World, but a New Model Could Help us Predict Them](http://theconversation.com/fires-are-increasing-in-warming-world-but-a-new-model-could-help-us-predict-them-54466?ref=riskmarketnews.com)

#### [The Conversation](http://theconversation.com/fires-are-increasing-in-warming-world-but-a-new-model-could-help-us-predict-them-54466?ref=riskmarketnews.com)

Using a machine learning approach to model future bushfire hotspots – in short, a form of artificial intelligence that allows the model to learn on its own.

### [President’s 2017 Budget Proposes $1.2 Billion for the USGS](http://www.usgs.gov/newsroom/article.asp?ID=4452&ref=riskmarketnews.com#.Vrsij8d2n%5Fs)

#### [USGS](http://www.usgs.gov/newsroom/article.asp?ID=4452&ref=riskmarketnews.com#.Vrsij8d2n%5Fs)

The FY2017 budget request includes developing the ground system for Landsat 9; developing enhanced mapping tools and products and advancing landscape-level sciences.

## Risk Business: What You Need to Read Today

### [Longevity Risk Transfers](http://www.bankofengland.co.uk/pra/Documents/solvency2/insdirectorsletter09022016.pdf?ref=riskmarketnews.com)

#### [Bank of England (direct to PDF)](http://www.bankofengland.co.uk/pra/Documents/solvency2/insdirectorsletter09022016.pdf?ref=riskmarketnews.com)

“\[We\] would be concerned if firms became active in this market for reasons other than seeking genuine risk transfer.”

### [Generali Appoints Galateri Interim Chief as Greco Leaves](http://www.bloomberg.com/news/articles/2016-02-09/generali-appoints-galateri-interim-chief-as-greco-leaves?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-02-09/generali-appoints-galateri-interim-chief-as-greco-leaves?ref=riskmarketnews.com)

“The unexpected departure of the CEO leaves Generali in a precarious situation.”

### [Crop Insurance Targeted for $18 Billion in Cuts](http://www.agweb.com/article/crop-insurance-targeted-for-18-billion-in-cuts-naa-alison-rice/?ref=riskmarketnews.com)

#### [AgWeb](http://www.agweb.com/article/crop-insurance-targeted-for-18-billion-in-cuts-naa-alison-rice/?ref=riskmarketnews.com)

The crop insurance industry noted how the regular re-opening of the farm bill is a frustrating situation that is bad for business and farmers alike.

### [Global Catastrophe Recap](http://thoughtleadership.aonbenfield.com/Documents/20160209-ab-analytics-if-january-global-recap.pdf?ref=riskmarketnews.com)

#### [Aon Benfield (direct to PDF)](http://thoughtleadership.aonbenfield.com/Documents/20160209-ab-analytics-if-january-global-recap.pdf?ref=riskmarketnews.com)

January winter weather causes $4bn loss to global economy, according to Aon catastrophe report.