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# January 15, 2015: China Pushes New Risk Model, Davos Worries About Conflict, Swiss Offer New FX Worries
- URL: https://www.riskmarketnews.com/january-15-2015-china-pushes-new-risk-model-davos-worries-conflict-swiss-offer-new-fx-worries/
- Published: 2015-01-15T06:29:03.000Z
- Updated: 2015-01-15T06:29:03.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Conflict Trumps Economy as Top Risk to World in Davos Survey](http://www.reuters.com/article/2015/01/15/us-davos-meeting-risks-idUSKBN0KO0PC20150115?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/2015/01/15/us-davos-meeting-risks-idUSKBN0KO0PC20150115?ref=riskmarketnews.com)

The risk of international conflict is now the biggest threat facing countries and businesses in the coming decade.

### [Learning From the Past to Prepare for Future Extreme Weather Events](http://phys.org/news/2015-01-future-extreme-weather-events.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2015-01-future-extreme-weather-events.html?ref=riskmarketnews.com)

Understanding which extreme weather events may have caused problems in the past leads to assess the potential impact of future such events on infrastructures.

### [More Things Are Dying More Often](http://www.businessweek.com/articles/2015-01-14/evolutionary-biologists-see-new-pattern-in-75-years-of-animal-mass-dieoffs?hootPostID=3229abb705043c5118317d10e14b2c15&ref=riskmarketnews.com)

#### [Bloomberg](http://www.businessweek.com/articles/2015-01-14/evolutionary-biologists-see-new-pattern-in-75-years-of-animal-mass-dieoffs?hootPostID=3229abb705043c5118317d10e14b2c15&ref=riskmarketnews.com)

“Diversify your portfolio” is great advice—and not just for investments. The math that backs it up turns out to explain much more than stock market returns.

### [Too Hot to Connect](http://www.slate.com/articles/technology/future%5Ftense/2015/01/internet%5Finfrastructure%5Fand%5Fclimate%5Fchange%5Fresilience.html?ref=riskmarketnews.com)

#### [Slate](http://www.slate.com/articles/technology/future%5Ftense/2015/01/internet%5Finfrastructure%5Fand%5Fclimate%5Fchange%5Fresilience.html?ref=riskmarketnews.com)

Extreme weather, the scarcity and the rising cost of water, as well as high temperatures, could be bad business for technology companies.

## Risk Business: What You Need to Read Today

### [New Risk-Based Model for Insurers](http://www.ecns.cn/business/2015/01-15/150888.shtml?ref=riskmarketnews.com)

#### [Shanghai Daily](http://www.ecns.cn/business/2015/01-15/150888.shtml?ref=riskmarketnews.com)

The new solvency system, known as the China Risk Oriented Solvency System, or C-ROSS, is set to replace the current scale oriented solvency system.

### [Bills Aim to Reform Texas Windstorm Insurance](http://www.beaumontenterprise.com/news/article/Bills-aim-to-reform-Texas-windstorm-insurance-6015824.php?ref=riskmarketnews.com)

#### [Beaumont Enterprise](http://www.beaumontenterprise.com/news/article/Bills-aim-to-reform-Texas-windstorm-insurance-6015824.php?ref=riskmarketnews.com)

The newly begun session of the Texas Legislature has its first bills filed to reform the Texas Windstorm Insurance Association.

### [Estimated Insurance Loss from Brisbane Super Cell Storm Passes $1 Billion](http://www.abc.net.au/news/2015-01-15/brisbane-supercell-damage-bill-passes-1-billion/6018792?ref=riskmarketnews.com)

#### [ABC Australia](http://www.abc.net.au/news/2015-01-15/brisbane-supercell-damage-bill-passes-1-billion/6018792?ref=riskmarketnews.com)

The estimated insurance loss from the super cell storm which tore across Brisbane two months ago has passed $1 billion.

### [Swiss National Bank Scraps Exchange Rate Ceiling](http://www.swissinfo.ch/eng/swiss-national-bank-scraps-exchange-rate-ceiling/41217364?ref=riskmarketnews.com)

#### [Swissinfo.ch](http://www.swissinfo.ch/eng/swiss-national-bank-scraps-exchange-rate-ceiling/41217364?ref=riskmarketnews.com)

“It’s not every day that a central bank pulls the rug out from underneath something in such a massive way.”