February 6, 2015: Cyber Risks Are Just Too Big and Blowing Up Earthquake Science

Chris Westfall
Chris Westfall

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


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?


“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.