February 24, 2016: US, European Insurance Talks Begin and Storms Slam Gulf Coast States
1 min read

February 24, 2016: US, European Insurance Talks Begin and Storms Slam Gulf Coast States

Risk Science: What You Need to Read Today

Powerful Storms Roll Across South, Causing Death and Damage

ABC

A deadly storm system that spawned tornadoes in Gulf Coast states Tuesday night was expected to bring severe weather to the Carolinas by Wednesday afternoon.

Swiss Re Chief Cautions on Cyber Security Risks

FT (sub may be required)

Cyber security risks are far from being understood by the global insurers and could pose a threat rather than underwriting opportunity.

How Forest Loss Is Leading To a Rise in Human Disease

Yale 360

A growing body of scientific evidence shows that the felling of tropical forests creates optimal conditions for the spread of mosquito-borne scourges, including malaria and dengue.

For Weather Forecasting, Precise Observations Matter More Than Butterflies

University of Washington

A University of Washington study asks whether unobserved, minuscule disturbances — like those from butterfly wings — actually affect weather forecasts.

Risk Business: What You Need to Read Today

U.S., EU Move Forward on Insurance Framework

WSJ (sub may be required)

The plan could have major consequences for U.S. insurers with international operations.

Australians Underinsured for Natural Disasters that Cost More Than $6b a Year

Sydney Morning Herald

At the height of the disaster season, experts are calling on “chronically underinsured” Australians to mitigate risk by planning ahead.

Zurich Insurance Explores HK and Singapore Sale – Sources

Reuters

The Swiss insurer has discussed the plan with several investment banks but has yet to hire advisers, the sources said, cautioning that no deal was certain.

Greenwich Insurer Begins New Year With New CEO

Greenwich Time

Rob Berkley promises things will get a lot more interesting in the coming months.

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