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January 15, 2015: China Pushes New Risk Model, Davos Worries About Conflict, Swiss Offer New FX Worries

Risk Science: What You Need to Read Today

Conflict Trumps Economy as Top Risk to World in Davos Survey

Reuters

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

Phys.org

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

Bloomberg

“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

Slate

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

Shanghai Daily

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

Beaumont Enterprise

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

ABC Australia

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

Swissinfo.ch

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