Risk Science & Finance:What You Need to Read Today
Ex-AIG Worker Sues Over ‘Never-Ending Stream’ of Harassment
NY Post
A former AIG underwriter is suing the insurance giant and her ex-boss, claiming the exec perpetuated a “boys club” atmosphere.
OMERS Said to Commit $1 Billion to Fairfax’s Allied Buy
Bloomberg
Prem Watsa’s Fairfax is close to announcing a deal that would see one of Canada’s largest funds contribute $1 billion in financing Allied World.
Trump’s Pick to Lead Commerce Department Says NOAA Scientists Can Freely Share Their Work
Washington Post
Wilbur Ross says scientists at the NOAA will be permitted to share “peer-reviewed” work with the public.
IMD Says Accurate Seven-Day Cyclone Forecasts Likely in 2 Years
Times of India
The India Meteorological Department,, which gives up to a five-day forecast for a cyclone, is working on a seven-day forecast.
China’s Regulator Slams Brakes on Insurers’ Stock Investments
South China Morning Post
Insurers need CIRC’s approval for any investment exceeding 5 per cent of a listed company’s holdings