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# December 15, 2015: Irish, India Floods Push Catastrophe Pool Questions and 2016 Black Swans
- URL: https://www.riskmarketnews.com/iris-india-floods-push-catastrophe-pool-questions-and-2016-black-swans/
- Published: 2015-12-15T07:19:28.000Z
- Updated: 2015-12-15T07:19:28.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Computational Hydraulics Lab is Advancing Hurricane Hazard Modeling to Forecast Coastal Storms](http://www.scientificcomputing.com/news/2015/12/computational-hydraulics-lab-advancing-hurricane-hazard-modeling-forecast-coastal-storms?ref=riskmarketnews.com)

#### [Scientific Computing](http://www.scientificcomputing.com/news/2015/12/computational-hydraulics-lab-advancing-hurricane-hazard-modeling-forecast-coastal-storms?ref=riskmarketnews.com)

The CHL devotes time to developing high performance codes and coastal circulation models to advance hurricane hazard modeling.

### [Mass Evacuations Conducted as Typhoon Hits Philippines](http://www.nytimes.com/2015/12/15/world/asia/mass-evacuations-conducted-as-typhoon-hits-philippines.html?%5Fr=0&ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2015/12/15/world/asia/mass-evacuations-conducted-as-typhoon-hits-philippines.html?%5Fr=0&ref=riskmarketnews.com)

The country seemed better prepared for a disaster than before.

### [Here’s Everything That Could Go Wrong in 2016](http://www.bloomberg.com/news/articles/2015-12-15/imagine-a-world-where-black-swans-really-do-come-true-in-2016?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2015-12-15/imagine-a-world-where-black-swans-really-do-come-true-in-2016?ref=riskmarketnews.com)

In 2016, unexpected events will take on heightened importance as the Fed ends an era of ultra-cheap credit.

### [Predicting the Impact of an Auckland Eruption](http://phys.org/news/2015-12-impact-auckland-eruption.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2015-12-impact-auckland-eruption.html?ref=riskmarketnews.com)

A clearer understanding of the risk posed by a new volcanic eruption in Auckland has emerged from doctoral research.

## Risk Business: What You Need to Read Today

### [Floods: Insurer Urges Fund to Help Those With No Cover](http://www.irishexaminer.com/ireland/floods-insurer-urges-fund-to-help-those-with-no-cover-371510.html?ref=riskmarketnews.com)

#### [Irish Examiner](http://www.irishexaminer.com/ireland/floods-insurer-urges-fund-to-help-those-with-no-cover-371510.html?ref=riskmarketnews.com)

The Government has again been called on to establish a flood fund to help deal with millions of euro of losses as a result of the recent floods.

### [Line in the Sand for Cat Bonds](http://www.structuredfinancenews.com/news/abs/top-10-of-2015-line-in-the-sand-for-cat-bonds-259296-1.html?ref=riskmarketnews.com)

#### [Asset Securitization Report (sub may be required)](http://www.structuredfinancenews.com/news/abs/top-10-of-2015-line-in-the-sand-for-cat-bonds-259296-1.html?ref=riskmarketnews.com)

After several years of ceding business to catastrophe bond investors, reinsurers are pushing back, offering premiums that are competitive to the yields a bond sponsor would pay.

### [China Property: Who Will Insurance Companies Target Next?](http://blogs.barrons.com/asiastocks/2015/12/15/china-property-who-are-insurance-companies-next-targets/?ref=riskmarketnews.com)

#### [Barron’s](http://blogs.barrons.com/asiastocks/2015/12/15/china-property-who-are-insurance-companies-next-targets/?ref=riskmarketnews.com)

Despite all the property market trouble, insurance companies are attracted to developers.

### [After the Chennai Floods: Revisiting the Natural Catastrophe Pool](http://indianexpress.com/article/india/india-news-india/after-the-chennai-floods-revisiting-the-natural-catastrophe-pool/?ref=riskmarketnews.com)

#### [Indian Express](http://indianexpress.com/article/india/india-news-india/after-the-chennai-floods-revisiting-the-natural-catastrophe-pool/?ref=riskmarketnews.com)

Chennai floods have exposed India’s financial unpreparedness against natural disasters and calls for a unified insurance coverage.