Risk Science: What You Need to Read Today
Geologists Solve Tectonic Plate Mystery with Half a Tonne of Explosives
The Guardian
A New Zealand experiment using explosive slurry poured into 50m-deep holes helps measure rock layers on the border of Pacific and Australian plates.
Madagascar Faces Triple Threat From Disasters as Hundreds Die
Bloomberg
Madagascar is confronting a triple threat: an outbreak of the plague, drought-induced starvation and the aftermath of a tropical storm.
Hawaii, Vulnerable to Tsunamis, Prepares for the Worst
Voice of America
The reality of rising sea levels caused by climate change means many coastal communities and island nations are vulnerable to tsunamis.
Fukushima Dai-ichi: Mission Impossible
The Economist
An industrial clean-up without precedent.
Risk Business: What You Need to Read Today
New York Reduces Life-Insurance Reserves To Reduce Allure of ‘Captives’
WSJ (sub may be required)
New York’s top financial watchdog said it would reduce by as much as 15% the amount of reserves insurers must set aside for a type of life-insurance policy long popular with the well-to-do.
Cyber Risks Too Big to Cover, Says Lloyd’s Insurer
FT (sub may be required)
“Our balance sheets are not large enough to pay for that.”
Insurance in China: The Big Anbang
The Economist
A once-obscure Chinese financial firm leaps into the spotlight.
Could Crop Insurance Subsidies Be at Risk in 2015?
AgWeb
“This is probably the most challenging year for crop insurance in a very long time,” warned Mary Kay Thatcher of the American Farm Bureau Federation.
