Risk Science: What You Need to Read Today
Florida was struck by 15 major hurricanes between 1915 and 1964 – and 10 in the past 50 years.
New Yorkers weren’t the only ones shocked and alarmed as Hurricane Sandy pushed a wall of water into the city, funneling the harbor into streets and sending torrents cascading into subways.
The particularly nasty strain of influenza that’s circling the globe this year is technically called H3N2, but it was once known as the “Hong Kong flu.”
Natural disasters can hit developing countries with an economic force that can roll back development gains and exacerbate inequality.
Risk Business: What You Need to Read Today
Michael Millette, who helped Goldman Sachs Group Inc. develop the market for catastrophe bonds in the 1990s, is retiring after 21 years.
Two U.S. insurers reported higher-than-expected premiums written but mixed operating earnings for the fourth quarter.
A deterioration in reinsurance market prices is making it increasingly difficult for Munich Re to sell reinsurance cover at a price commensurate with the risk.
Risk premium unlikely to go up in any significant fashion next year for Indian insurers as a result of the soft reinsurance market.
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