February 17, 2016: Fosun Deal Fails, Modeling Ice Melt and AIG's Super Cool, Never Going to Happen Strategy 

Risk Science: What You Need to Read Today

Ice Sheet Modeling of Greenland, Antarctica Helps Predict Sea-level Rise

Scientific Computing

The Greenland and Antarctic ice sheets will make a dominant contribution to 21st century sea-level rise if current climate trends continue.

Faster, More Accurate Tsunami Warnings With GPS

Berkley News

GPS instruments already in place around the world could provide more rapid and more accurate warning of a tsunami, allowing nearly 20 minutes more to evacuate coastal areas.

Conspiracy Theories About Zika Spread Through Brazil With the Virus

New York Times

The Zika virus, some Brazilians are convinced, is the inadvertent creation of a British biotech company.

Alberta’s Wildfire Season Threatens to Be a Long One

CBC

Alberta wildfire officials are getting a jump what could be a long and busy season.

Risk Business: What You Need to Read Today

Warren Buffett is Helping IAG Limit its Exposure to New Zealand Earthquakes

Business Insider Australia 

The deal with Berkshire Hathaway effectively provides cover of up to $NZ5 billion via $NZ600 million of protection in excess of $NZ4.4 billion.

Fosun’s $460 Million Deal to Buy Israeli Insurance Company Fails

Bloomberg

The Chinese and Israeli holding companies canceled the agreement for the controlling stake in Phoenix Holdings.

Citi Analyst: Google Won’t Buy AIG, But It’d Be A Whole Lot Cooler If It Did

Dealbreaker

You ever get that feeling where, like, you know something won’t happen but it would be, like, totally awesome if it did?

Flood Insurance is the Hot New Thing After El Niño Rains

SF Gate

Federal emergency officials reported Tuesday a surge in the number of California residents who have purchased flood insurance, most likely in response to a rainy El Niño winter.


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