Risk Science: What You Need to Read Today
The majority of the fatalities were along the western coast and were caused mainly by flying debris and drowning in storm surges.
Cuts to climate modelling and measuring research contradict Australia’s pledge to strengthen commitments to climate science.
14,000 earthquakes since 2010 introduced a Canterbury no one expected to ever see, far different from the one that was supposed to be.
Recent research suggests that under a worst-case scenario, the number of people exposed to the principal mosquito in disease spread could more than double.
Risk Business: What You Need to Read Today
New research argues It is optimal to cover small losses using reinsurance and hedge higher losses by issuing a cat bond.
“Bermuda will be sucked down that vortex. This is a classic case of having to be careful what you wish for.”
Insurers officially ran out of reinsurance for the 2011 Christchurch earthquake this year, meaning, five years after the devastation, the cash to settle claims is now coming from their shareholders.
Smart beta, one of the most popular investment strategies of the past 12 months, could go “horribly wrong” and leave investors nursing large-scale losses.
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