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# February 8, 2016: Japan Bets on Cat Bonds, Sea Walls to Stop the Next Sandy and the UK Wants Solvency II Rethink
- URL: https://www.riskmarketnews.com/february-8-2016-japan-bets-on-cat-bonds-sea-walls-to-stop-the-next-sandy-and-the-uk-wants-solvency-ii-rethink/
- Published: 2016-02-08T07:16:59.000Z
- Updated: 2016-02-08T07:16:59.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [How Sea Walls Around Hoboken Might Have Stopped Hurricane Sandy’s Floods](http://www.nytimes.com/interactive/2016/02/08/nyregion/hoboken-flood-wall-maps.html?%5Fr=0&ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/interactive/2016/02/08/nyregion/hoboken-flood-wall-maps.html?%5Fr=0&ref=riskmarketnews.com)

A model of flows from Hurricane Sandy in 2012 by the Stevens Institute of Technology shows how strategically placed sea walls might work.

### [Taiwan Earthquake: Tin Cans Found in the Construction of Toppled Highrise](http://www.cnn.com/2016/02/08/asia/taiwan-earthquake/?ref=riskmarketnews.com)

#### [CNN](http://www.cnn.com/2016/02/08/asia/taiwan-earthquake/?ref=riskmarketnews.com)

The Taiwanese government has ordered an investigation into the collapse of a highrise building, as images emerged showing tin cans built into the walls of the toppled complex.

### [Will Extreme Weather Events Get Americans to Act on Climate Change?](http://theconversation.com/will-extreme-weather-events-get-americans-to-act-on-climate-change-53199?ref=riskmarketnews.com)

#### [The Conversation](http://theconversation.com/will-extreme-weather-events-get-americans-to-act-on-climate-change-53199?ref=riskmarketnews.com)

Actually experiencing extreme weather does not seem to be having a significant impact on American citizens’ concern about climate change.

### [Dramatic Imagery from Space and On the Ground Captures 10 days of Extreme Weather Fueled by El Niño](http://blogs.discovermagazine.com/imageo/2016/02/06/10-days-extreme-weather/?ref=riskmarketnews.com#.Vrh6Gsd2n%5Fs)

#### [Discovery News](http://blogs.discovermagazine.com/imageo/2016/02/06/10-days-extreme-weather/?ref=riskmarketnews.com#.Vrh6Gsd2n%5Fs)

Thanks to satellites above, as well as cameras on the ground, shows extreme weather raked the United States from the last week of January through the beginning of February.

## Risk Business: What You Need to Read Today

### [Betting Against Disaster](http://asia.nikkei.com/Markets/Capital-Markets/Betting-against-disaster?ref=riskmarketnews.com)

#### [Nikkei](http://asia.nikkei.com/Markets/Capital-Markets/Betting-against-disaster?ref=riskmarketnews.com)

Outstanding balances of cat bond funds in Japan totaled 227.3 billion yen ($1.93 billion) at the end of last December.

### [UK Fears That Rules Harm Insurance Competition](http://www.ft.com/intl/cms/s/0/6e39b794-cd84-11e5-92a1-c5e23ef99c77.html?ref=riskmarketnews.com#axzz3zZdHVahh)

#### [FT (sub may be required)](http://www.ft.com/intl/cms/s/0/6e39b794-cd84-11e5-92a1-c5e23ef99c77.html?ref=riskmarketnews.com#axzz3zZdHVahh)

The UK government and regulators have launched a push to change key aspects of the new Solvency II regime for insurers.

### [Year of the Fire Monkey: an Insurer’s Perspective](http://splash247.com/year-of-the-fire-monkey-an-insurers-perspective/?ref=riskmarketnews.com)

#### [Splash](http://splash247.com/year-of-the-fire-monkey-an-insurers-perspective/?ref=riskmarketnews.com)

With margins being relentlessly squeezed from all angles and with catastrophe and attritional losses at historically low levels what does that mean for the insurance industry in the year of the Monkey?

### [Mixed Profits Expected for Australian Insurers](http://www.smh.com.au/business/mixed-profits-expected-for-australian-insurers-20160207-gmo21b.html?ref=riskmarketnews.com)

#### [WSJ](http://www.smh.com.au/business/mixed-profits-expected-for-australian-insurers-20160207-gmo21b.html?ref=riskmarketnews.com)

Australia’s biggest insurance and wealth companies’ earnings will be revealed in the next two weeks.