January 26, 2016: AIG's Judgement Day and ECMWF Gets an Upgrade
1 min read

January 26, 2016: AIG's Judgement Day and ECMWF Gets an Upgrade

Risk Science: What You Need to Read Today

Zika Virus Set to Spread Across Americas, Spurring Vaccine Hunt

Reuters

The mosquito-borne Zika virus, which has been linked to brain damage in thousands of babies in Brazil, is likely to spread to all countries in the Americas except for Canada and Chile.

Cray Signs $36M Contract to Upgrade European Centre for Medium-Range Weather Forecasts (ECMWF) Systems

Scientific Computing

The upgrade will allow scientists to develop high-resolution ensemble forecasts that improve the prediction of severe weather events in the medium range, up to about two weeks ahead.

Flood Fears as Rain Arrives in Britain from Storm that Caused US Blizzard

The Guardian

The UK is braced for more flooding rains that could pour more misery on communities still reeling from being inundated after Christmas.

Watch: NOAA Simulates Great Pacific Coast Tsunami of 1700

KOMO News

Tuesday marks the 316-year anniversary of one of the greatest earthquakes on record along the Pacific Coast – the estimated 9.2 “Cascadia” quake.

Risk Business: What You Need to Read Today

California Urges Insurers to Divest Coal Bets to Cut Risk

Bloomberg

The commissioner is also requiring insurers to annually disclose their carbon-based investments, including holdings in oil, gas and coal.

AIG’s Investor Day: What to Expect

WSJ (sub may be required)

AIG shareholders on Tuesday may learn the difference between a “machete” and “nail clippers” when it comes to running one of the world’s biggest insurers.

Insurance Broker Acrisure Explores $2 Billion Sale – Sources

Reuters

Acrisure provides insurance coverage in a swath of sectors, from retail to energy and real estate, in 23 U.S. states

Banking Can Learn From Insurance on Systemic Risk

Financial Times (sub may be required)

The dynamic between insurers, regulators and shareholders should be instructive

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