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# February 2, 2015: Reinsurance M&A Reboot and Smart Beta is Stupid
- URL: https://www.riskmarketnews.com/february-2-2015-reinsurance-ma-reboot-smart-beta-stupid/
- Published: 2015-02-02T08:33:46.000Z
- Updated: 2015-02-02T08:33:46.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [This Quake Went a Lot Deeper Within](http://www.thehindu.com/news/cities/Hyderabad/this-quake-went-a-lot-deeper-within/article6846977.ece?ref=riskmarketnews.com)

#### [The Hindu](http://www.thehindu.com/news/cities/Hyderabad/this-quake-went-a-lot-deeper-within/article6846977.ece?ref=riskmarketnews.com)

Experts do not rule out a moderate magnitude earthquake in Hyderabad measuring up to 5.

### [NOAA’s next Supercomputer Will Be a Cray-IBM Hybrid System](http://www.computerworld.com/article/2878025/noaas-next-supercomputer-will-be-a-cray-ibm-hybrid-system.html?ref=riskmarketnews.com)

#### [Computerworld](http://www.computerworld.com/article/2878025/noaas-next-supercomputer-will-be-a-cray-ibm-hybrid-system.html?ref=riskmarketnews.com)

The system is about to get a serious upgrade to 776 teraflops.

### [Pacific on Alert for Wild Weather as Cyclone Season Kicks Off](http://www.radioaustralia.net.au/international/radio/program/pacific-beat/pacific-on-alert-for-wild-weather-as-cyclone-season-kicks-off/1411345?ref=riskmarketnews.com)

#### [Radio Australia (audio)](http://www.radioaustralia.net.au/international/radio/program/pacific-beat/pacific-on-alert-for-wild-weather-as-cyclone-season-kicks-off/1411345?ref=riskmarketnews.com)

Much of the Pacific is covered by cloud and heavy rain as the region’s cyclone season gains momentum.

### [Scientists See Shrinking California Snowpack As a Harbinger](http://www.latimes.com/science/la-me-snowpack-20150130-story.html?ref=riskmarketnews.com)

#### [LA Times](http://www.latimes.com/science/la-me-snowpack-20150130-story.html?ref=riskmarketnews.com)

s climate warms in coming decades, scientists say, California’s mountain snowpack could shrink by a third.

## Risk Business: What You Need to Read Today

### [Insurers Warned to Use ‘Big Data’ Responsibly](http://www.ft.com/intl/cms/s/0/08f6049c-a7cd-11e4-8e78-00144feab7de.html?ref=riskmarketnews.com#axzz3QanPjBsz)

#### [FT (sub may be required) ](http://www.ft.com/intl/cms/s/0/08f6049c-a7cd-11e4-8e78-00144feab7de.html?ref=riskmarketnews.com#axzz3QanPjBsz)

The insurance industry risks sparking a regulatory crackdown unless it takes “great care” to ensure its increasing use of personal data does not leave chunks of society without affordable cover.

### [A Reboot for Reinsurance Mergers Courtesy of Low Yields](http://www.wsj.com/articles/a-reboot-for-reinsurance-mergers-courtesy-of-low-yields-heard-on-the-street-1422823538?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/a-reboot-for-reinsurance-mergers-courtesy-of-low-yields-heard-on-the-street-1422823538?ref=riskmarketnews.com)

Disrupt! The slogan of the tech sector has come to the somewhat more staid reinsurance industry.

### [UK’s Towergate Insurance Enters Takeover Deal With Creditors](http://www.reuters.com/article/2015/02/02/towergateinsurance-restructuring-idUSL4N0VC3EJ20150202?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/2015/02/02/towergateinsurance-restructuring-idUSL4N0VC3EJ20150202?ref=riskmarketnews.com)

British insurance broker Towergate Insurance said on Monday that it had sold itself to its senior secured creditors.

### [Active Managers Losing Ground Can Thank Jack Bogle](http://www.institutionalinvestor.com/article/3421707/asset-management-indexing-and-etfs/active-managers-losing-ground-can-thank-john-bogle.html?ArticleId=3421707&ref=riskmarketnews.com#.VM94OkIb1Ih)

#### [Institutional Investor](http://www.institutionalinvestor.com/article/3421707/asset-management-indexing-and-etfs/active-managers-losing-ground-can-thank-john-bogle.html?ArticleId=3421707&ref=riskmarketnews.com#.VM94OkIb1Ih)

The bond fund legend thinks Smart Beta is dumb.