Risk Science: What You Need to Read Today
B.C. Megathrust Earthquake Will Rip Earth Open Like a Zipper, Expert Says
CBC
A Natural Resources Canada seismologist says there is a one in 10 chance of a megathrust earthquake off the B.C. coast in the next 50 years.
Cyclone Forecast to Form Near Australian Iron Ore Ports
Reuters
A tropical low pressure system is forecast by the Australian Bureau of Meteorology to move offshore later on Monday.
Elephant in the Room Exacts a Heavy Price
FT Adviser
Is a focus on people risk as important as monetary policy and regulation in avoiding another financial crisis?
California Drought Could End with Storms Known as Atmospheric Rivers
LA Times
Powerful storms known as atmospheric rivers have broken 40% of California droughts since 1950.
Risk Business: What You Need to Read Today
Winds of Change Blow Through Cat Risk Markets
Environmental Finance
Growing investor demand for catastrophe exposure is helping the insurance sector change how it manages natural disaster risk, says Barney Schauble of Nephila Advisors.
Insurance via Internet Is Squeezing Agents
New York Times
Walmart and Google have recently established websites that allow consumers to compare the premiums of various companies for auto, home and other types of insurance, and buy policies.
Nelson Touch Aims to Steer Lloyd’s Into New Markets for Insurance
The Telegraph
The chairman of the best-known name in the insurance world wants to expand into China, India and south America.
On a Buying Trip
Sun & Wind Energy
The large insurance companies have loads of money set aside, but because low interest rates on the capital markets are bringing almost no returns, they are increasingly investing in wind farms.