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February 2, 2015: Reinsurance M&A Reboot and Smart Beta is Stupid

Risk Science: What You Need to Read Today

This Quake Went a Lot Deeper Within

The Hindu

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

Computerworld

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

Pacific on Alert for Wild Weather as Cyclone Season Kicks Off

Radio Australia (audio)

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

LA Times

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

FT (sub may be required) 

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

WSJ (sub may be required)

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

Reuters

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

Institutional Investor

The bond fund legend thinks Smart Beta is dumb.