February 19, 2016: Taiwan to Hedge Rather Than Insure, Creating an Economic Climate Model and Cat Bonds for Infrastructure
Risk Science: What You Need to Read Today
Fiji Braces for Cyclone Winston after Tonga Hit Twice
ABC News
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
Science
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
New York Times
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
Washington Post
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
Bloomberg
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
AFP
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
Reuters
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
IFA News
Congress is expected to address the reauthorization of the NFIP before its expiration on Sept. 30, 2017.