February 4, 2015: Friendly ILS and Draghi'ing Down German Life Insurers
1 min read

February 4, 2015: Friendly ILS and Draghi'ing Down German Life Insurers

Risk Science: What You Need to Read Today

West Australian Bushfires Force Town’s Residents to Be Evacuated to Beach

The Guardian

Bushfires burning south of Perth have destroyed two houses and three sheds, and firefighters near Northcliffe have been putting in 30-hour shifts.

Nothing Abnormal About Weather: Scientists

Times of India

“Phenomena of change in weather conditions are not observed on a monthly or yearly basis.”

Scientists Fly Into Storms in Search of Rain

San Diego Union Tribune

As Californians wait expectantly for rain, scientists from San Diego are flying through storms to find out what causes precipitation.

DisasterTech Hackathon to Honor Hurricane Katrina

GovernmentTech

Next week, civic hackers and first responders will convene to commemorate the 10th anniversary of Hurricane Katrina with dozens of new emergency apps.

Risk Business: What You Need to Read Today

Hannover Re Says Capital Markets Reinsurer Friend Not Foe

Bloomberg

The growth of insurance-linked products that allow investors to participate in the reinsurance market is “more friend than foe,” said Henning Ludolphs.

Draghi’s QE Strains German Life Insurers

FT (sub may be required)

Mario Draghi’s plan to revitalise the eurozone through quantitative easing will further undermine the solvency of life insurance and pension companies in the continent’s largest economy.

What it Takes to Be in Connecticut’s One Percent Club

Greenwich Time

It’s $678,000 in annual income, and in Darien  30.1 percent of employed residents work in either financial or insurance positions.

Stalled EQC Policy Review Leaves Global Reinsurers Uncertain Over Market

National Business Review

The government review of the Earthquake Commission’s funding and policy structures is leaving global reinsurers in limbo.

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