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# February 20, 2015: Cyclone Marcia Upends Australia, Greenberg Gets a Break and Euro Pensions Go Green
- URL: https://www.riskmarketnews.com/february-20-2015-cyclone-marcia-upends-australia-greenberg-gets-break-euro-pensions-go-green/
- Published: 2015-02-20T07:14:21.000Z
- Updated: 2015-02-20T07:14:21.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Cyclone Marcia: Climate Change is Expanding the Tropics](http://www.smh.com.au/environment/climate-change/cyclone-marcia-climate-change-is-expanding-the-tropics-20150220-13kdfi.html?ref=riskmarketnews.com)

#### [The Australian ](http://www.smh.com.au/environment/climate-change/cyclone-marcia-climate-change-is-expanding-the-tropics-20150220-13kdfi.html?ref=riskmarketnews.com)

The southward shift of cyclones under climate change will force planners to demand stronger building standards as far south as Coffs Harbour on the NSW North Coast.

### [Before the Storm: Shifting Federal Disaster Policy Toward Mitigation](http://www.brookings.edu/blogs/fixgov/posts/2015/02/18-fema-barnosky?ref=riskmarketnews.com)

#### [Brookings Instititution](http://www.brookings.edu/blogs/fixgov/posts/2015/02/18-fema-barnosky?ref=riskmarketnews.com)

In focusing on after-the-fact response and recovery, we haven’t done as much as we should before natural disasters hit.

### [Coastal Areas to Get ‘Biggest High Tides’ for Two Decades](http://www.bbc.com/news/uk-england-somerset-31533471?ref=riskmarketnews.com)

#### [BBC News](http://www.bbc.com/news/uk-england-somerset-31533471?ref=riskmarketnews.com)

The biggest high tides seen in the West of England in two decades could hit the area this weekend, the Environment Agency has said.

### [U.S. Geological Survey Urges Greater Transparency, Data Sharing Amid Rise in Earthquakes Linked to Injection Wells](http://newsok.com/u.s.-geological-survey-urges-greater-transparency-data-sharing-amid-rise-in-earthquakes-linked-to-injection-wells/article/5394904?ref=riskmarketnews.com)

#### [News OK](http://newsok.com/u.s.-geological-survey-urges-greater-transparency-data-sharing-amid-rise-in-earthquakes-linked-to-injection-wells/article/5394904?ref=riskmarketnews.com)

Oklahoma had 585 earthquakes greater than magnitude 3.0 in 2014, up from 109 earthquakes of that magnitude or greater in 2013.

## Risk Business: What You Need to Read Today

### [Suncorp Caps Its TCMarcia Liability at No Higher Than $200 Million](http://www.news.com.au/finance/real-estate/suncorp-caps-its-tcmarcia-liability-at-no-higher-than-200-million/story-fndbalka-1227231470496?ref=riskmarketnews.com)

#### [News.com.au](http://www.news.com.au/finance/real-estate/suncorp-caps-its-tcmarcia-liability-at-no-higher-than-200-million/story-fndbalka-1227231470496?ref=riskmarketnews.com)

A statement said Suncorp had reinsurance covers that would “limit the financial impact of this event to a maximum of $200 million (pre-tax)”.

### [Insurance Council of Australia Declares Catastrophe Zones, Banks Offering Loan Relief](http://www.couriermail.com.au/business/cyclone-marcia-insurance-council-of-australia-declares-catastrophe-zones-banks-offering-loan-relief/story-fnihsps3-1227232655380?ref=riskmarketnews.com)

#### [Courier Mail (Brisbane)](http://www.couriermail.com.au/business/cyclone-marcia-insurance-council-of-australia-declares-catastrophe-zones-banks-offering-loan-relief/story-fnihsps3-1227232655380?ref=riskmarketnews.com)

Cyclone Marcia has prompted the insurance industry to declare some swamped zones a catastrophe.

### [The ‘Risk-Free’ Hank Greenberg Case](http://www.wsj.com/articles/the-risk-free-hank-greenberg-case-1424390839?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/the-risk-free-hank-greenberg-case-1424390839?ref=riskmarketnews.com)

Government notes detail the changing story from its key witness.

### [European Pensions Go Green for Social, and Bottom-Line, Benefits](http://www.institutionalinvestor.com/article/3429171/investors-pensions/european-pensions-go-green-for-social-and-bottom-line-benefits.html?ref=riskmarketnews.com#.VOcbREIb1Ig)

#### [Institutional Investor](http://www.institutionalinvestor.com/article/3429171/investors-pensions/european-pensions-go-green-for-social-and-bottom-line-benefits.html?ref=riskmarketnews.com#.VOcbREIb1Ig)

Funds are increasingly using environmental, social and governance criteria in their investment decisions.