Risk Science: What You Need to Read Today
It’s January and a Tropical Storm has formed in the Atlantic Ocean
Washington Post
For the first time since 1978, a named tropical weather system has formed in the Atlantic Ocean in January.
Strong Earthquake Shakes Northern Japan
USA Today
The magnitude-6.7 quake hit about 12:30 p.m. Thursday, near Urakawa town on the southern tip of Hokkaido.
Stinging Report On Pandemics Makes Louis Pasteur Look Like A Prophet
NPR
Future pandemics have the potential to kill millions and cause economic losses in the trillions of dollars.
Bigger Iron Drives Better NOAA Weather Forecasts
Next Platform
Not every organization that relies on supercomputers can replace a whole machine in one fell swoop.
Risk Business: What You Need to Read Today
Paulson Reinsurance Company in Bermuda to Wind Down
New York Times
The Bermuda-based reinsurance company set up by the hedge fund manager John A. Paulson is winding down as scrutiny of offshore tax strategies rises.
Texas Retired Teachers’ Group Worries About Insurance Deal
Austin American Statesman
Hedge fund leader Philip Falcone holds 20,000 retired teachers’ long-term care policies that cover costs of nursing homes or other expenses associated with getting old.
Climate Change Disaster is Biggest Threat to Global Economy in 2016, Say Experts
The Guardian
Global warming heads top economists’ concerns for first time but large-scale forced migration seen as most likely risk to materialize.
Prudential’s Wake-Up Call
Bloomberg Gadfly
Prudential Financial can learn something from its other too-big-to-fail peers.
