January 26, 2016: Trump's Tweet Catastrophes, Idaho Winter Losses and the Slow Death of Solvency II Begins

Chris Westfall
Chris Westfall

Risk Science & Finance: What You Need to Read Today

A Look at the Northwest Earthquake That Shook the World
Seattle PI
A 1700 quake along the Cascadia fault line caused a tsunami in Japan

British Insurers ‘Will Be More Competitive After Brexit’ 
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
“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
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
Even Trump’s praise can be catastrophic.