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# January 26, 2016: Trump's Tweet Catastrophes, Idaho Winter Losses and the Slow Death of Solvency II Begins
- URL: https://www.riskmarketnews.com/january-26-2016-trumps-tweet-catastrophes-idaho-winter-losses-slow-death-solvency-ii-begins/
- Published: 2017-01-26T07:03:50.000Z
- Updated: 2017-01-26T07:03:50.000Z
- Author: Chris Westfall

### Risk Science & Finance: What You Need to Read Today

[A Look at the Northwest Earthquake That Shook the World](http://www.seattlepi.com/local/seattle-history/article/A-look-at-the-NW-earthquake-that-shook-the-world-10883711.php?ref=riskmarketnews.com)  
*Seattle PI*  
A 1700 quake along the Cascadia fault line caused a tsunami in Japan

[British Insurers ‘Will Be More Competitive After Brexit’ ](http://www.telegraph.co.uk/business/2017/01/25/british-insurers-will-competitive-brexit/?ref=riskmarketnews.com)  
*The Telegraph*  
“Solvency 2 was meant to create a pan-European harmonisation of regulation, it absolutely hasn’t.”

[French Central Bank Chief Urges Insurers to Step Up Cyber Risk Coverage](http://www.reuters.com/article/us-france-insurance-idUSKBN1591Q9?ref=riskmarketnews.com)  
*Reuters*  
“With the help of reinsurers, insurers should be able to meet demands of cyber risk coverage.”

[Insurance Claims Surge as ‘Catastrophic’ Southwest Idaho Winter Wreaks Havoc](http://www.idahostatesman.com/news/business/article128809124.html?ref=riskmarketnews.com)  
*Idaho Statesmen*  
It has been a record-breaking and at least one insurance company has started treating Idaho’s winter storm claims as “catastrophic” losses.

[American Companies Are Bracing for a New Kind of “Natural Disaster”: a Mean Tweet from Donald Trump](https://qz.com/893189/firms-are-selling-trump-twitter-terrorism-insurance-packages-to-companies/?ref=riskmarketnews.com)  
*Quartz*  
Even Trump’s praise can be catastrophic.