> ## Content Index
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# February 19, 2016: Taiwan to Hedge Rather Than Insure, Creating an Economic Climate Model and Cat Bonds for Infrastructure
- URL: https://www.riskmarketnews.com/february-19-2016-taiwan-to-hedge-rather-than-insure-creating-an-economic-climate-model-and-cat-bonds-for-infrastructure/
- Published: 2016-02-19T07:56:11.000Z
- Updated: 2016-02-19T07:56:11.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Fiji Braces for Cyclone Winston after Tonga Hit Twice](http://www.abc.net.au/news/2016-02-19/fiji-braces-for-cyclone-winston-after-tonga-hit-twice/7185662?ref=riskmarketnews.com)

#### [ABC News](http://www.abc.net.au/news/2016-02-19/fiji-braces-for-cyclone-winston-after-tonga-hit-twice/7185662?ref=riskmarketnews.com)

Fiji’s capital is bracing for cyclone Winston, after the storm hit Tonga’s northern islands twice in a week.

### [Complexity Theory and Financial Regulation](http://science.sciencemag.org/content/351/6275/818.full?ref=riskmarketnews.com)

#### [Science](http://science.sciencemag.org/content/351/6275/818.full?ref=riskmarketnews.com)

The time has come to create an economic model that will predict crisis similar to climate models.

### [Zika May Increase Risk of Mental Illness, Researchers Say](http://www.nytimes.com/2016/02/23/health/zika-may-increase-risk-of-mental-illness-researchers-say.html?%5Fr=0&ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2016/02/23/health/zika-may-increase-risk-of-mental-illness-researchers-say.html?%5Fr=0&ref=riskmarketnews.com)

Reproductive health experts are warning that microcephaly may be only the most obvious consequence of the spread of the Zika virus.

### [Hurricane Hunters Make First Flights into Atmospheric Rivers, Key to Weather Extremes in West](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/02/18/hurricane-hunters-fly-into-atmospheric-rivers-for-first-time-key-to-weather-extremes-in-the-west/?ref=riskmarketnews.com)

#### [Washington Post](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/02/18/hurricane-hunters-fly-into-atmospheric-rivers-for-first-time-key-to-weather-extremes-in-the-west/?ref=riskmarketnews.com)

For the first time ever, “Hurricane Hunter” aircraft are collecting data from these rivers above the Pacific to attempt to improve forecasts.

## Risk Business: What You Need to Read Today

### [Taiwan, World’s Most Insured, Allows Derivatives for Risky Cover](http://www.bloomberg.com/news/articles/2016-02-18/taiwan-world-s-most-insured-allows-derivatives-for-risky-cover?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-02-18/taiwan-world-s-most-insured-allows-derivatives-for-risky-cover?ref=riskmarketnews.com)

The world’s most insured nation is opening up some of its riskier business to the region’s derivatives providers.

### [How Cat Bond Deals Can Mitigate Business Interruption Risk](http://www.afponline.org/pub/res/news/How%5FCat%5FBond%5FDeals%5FCan%5FMitigate%5FBusiness%5FInterruption%5FRisk.html?ref=riskmarketnews.com)

#### [AFP](http://www.afponline.org/pub/res/news/How%5FCat%5FBond%5FDeals%5FCan%5FMitigate%5FBusiness%5FInterruption%5FRisk.html?ref=riskmarketnews.com)

Corporates with complex infrastructures that face major business interruption may find relief in the catastrophe bond market.

### [German Life Insurers Face Rising Reserve Buffers -Bafin](http://uk.reuters.com/article/uk-germany-insurance-regulator-idUKKCN0VS129?ref=riskmarketnews.com)

#### [Reuters](http://uk.reuters.com/article/uk-germany-insurance-regulator-idUKKCN0VS129?ref=riskmarketnews.com)

Life will get tougher for Germany’s life insurers as they contend with the increasingly onerous need for greater reserves to offset the effects of low interest rates.

### [Marsh Report Urges Reforms to National Flood Insurance Program](http://ifawebnews.com/2016/02/18/marsh-report-urges-reforms-to-national-flood-insurance-program/?ref=riskmarketnews.com)

#### [IFA News](http://ifawebnews.com/2016/02/18/marsh-report-urges-reforms-to-national-flood-insurance-program/?ref=riskmarketnews.com)

Congress is expected to address the reauthorization of the NFIP before its expiration on Sept. 30, 2017.