February 11, 2016: Lloyd's Has a Brexit Plan and Flying Pandemics
Risk Science: What You Need to Read Today
Collapse of Apartment Block During Taiwan Earthquake Sparks Anger Over Island’s Building Safety Standards
South China Morning Post
The Wei-kuan building was completed in 1994 before a new building code was brought in following a devastating earthquake that left 2,400 people dead in 1999.
High Chance of Cyclone Near Vanuatu, Unknown Whether it Will Head for NZ
Stuff.co.nz
One of the many models suggested remnants of a tropical cyclone could reach New Zealand early next week.
Measuring the Potential of Individual Airports for Pandemic Spread Over the World Airline Network
BMC Infectious Diseases
Certain airport’s airport expected force of infection powerfully explains pandemic risk.
These Scientists Saw Zika Coming. Now They’re Fighting Back
Wired
“We put Zika in the paper, which is kind of amazing because you usually get these kinds of things wrong.”
Risk Business: What You Need to Read Today
Suncorp Profit hit by Natural Disaster Claims
Sydney Morning Herald
Natural catastrophes caused by climate change are costing the company $2 million each day.
Zurich Insurance Falls to Bigger-Than-Expected Loss
WSJ (sub may be required)
The company said it has no plans to return additional capital to investors at this time.
Crowded Insurance Industry Becomes Latest Casualty of Oil Slump
Reuters
Insurers forecast income could dive by 20 percent or more, possibly forcing some players to quit the energy part of a business.
Lloyd’s of London Draws Up Contingency Plans Before Brexit Vote
Bloomberg
“A vote to leave will create very real risks and uncertainties that we must be prepared for.”