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# January 29, 2015: Malaysia Aviation Reinsurance Rethink, Model Blizzard Blame Game
- URL: https://www.riskmarketnews.com/january-29-2015-malaysia-aviation-reinsurance-rethink-model-blizzard-blame-game/
- Published: 2015-01-29T06:51:30.000Z
- Updated: 2015-01-29T06:51:30.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Cuomo’s Plan on Weather Has Doubters](http://www.wsj.com/articles/cuomo-plan-to-develop-state-system-to-help-forecast-weather-has-doubters-1422497914?ref=riskmarketnews.com)

#### [WSJ (sub may be required) ](http://www.wsj.com/articles/cuomo-plan-to-develop-state-system-to-help-forecast-weather-has-doubters-1422497914?ref=riskmarketnews.com)

Experts caution that the state’s multi-million dollar effort might not improve forecasts.

### [USGS to Raise Texas Earthquake Hazard Risk](http://www.chron.com/news/houston-texas/article/USGS-to-raise-Texas-earthquake-hazard-risk-6045636.php?ref=riskmarketnews.com)

#### [Houston Chronicle](http://www.chron.com/news/houston-texas/article/USGS-to-raise-Texas-earthquake-hazard-risk-6045636.php?ref=riskmarketnews.com)

The U.S. Geological Survey will update their hazard map to account for recent quakes in parts of Texas.

### [Weather Models Overestimate ‘Historic’ Storm in NYC; Other Areas Slammed](http://www.eenews.net/stories/1060012415?ref=riskmarketnews.com)

#### [ClimateWire](http://www.eenews.net/stories/1060012415?ref=riskmarketnews.com)

That the “snowpocalypse” didn’t come to pass in New York City can be attributed to conflicting information from the forecasting models meteorologists use to make storm predictions.

### [Here’s How We Know Global Warming Made the Blizzard Wors](http://www.wired.com/2015/01/global-warming-blizzard-worse/?ref=riskmarketnews.com)

#### [Wired](http://www.wired.com/2015/01/global-warming-blizzard-worse/?ref=riskmarketnews.com)

Storms have always happened in winter, but the excessively violent ones? They’re getting more common, and that’s due to climate change.

## Risk Business: What You Need to Read Today

### [MH370 Will Make Insurers Look At Risk Accumulation, Review Gross Retention](http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=1104898&ref=riskmarketnews.com)

#### [National News Agency of Malaysia ](http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=1104898&ref=riskmarketnews.com)

“I do not think those already involved in aviation insurance will run away from that. They will just have to rethink their reinsurance programming.”

### [EQC at 70, a Great Asset for New Zealand or an Aggressive Muddler?](https://www.interest.co.nz/news/73785/eqc-70-great-asset-new-zealand-or-aggressive-muddler?ref=riskmarketnews.com)

#### [Interest.co.nz](https://www.interest.co.nz/news/73785/eqc-70-great-asset-new-zealand-or-aggressive-muddler?ref=riskmarketnews.com)

EQC has faced its sternest test since the spate of major Canterbury earthquakes, highlighted by the devastating and tragic February 22, 2011 quake.

### [EU Antitrust Regulators Approves UK Flood Reinsurance Scheme](http://uk.reuters.com/article/2015/01/29/uk-britain-flood-eu-idUKKBN0L215020150129?ref=riskmarketnews.com)

#### [Reuters](http://uk.reuters.com/article/2015/01/29/uk-britain-flood-eu-idUKKBN0L215020150129?ref=riskmarketnews.com)

The scheme will set up a pool to provide reinsurance for the flood risk element for households deemed to be at high risk of flooding.

### [Pension Funds as Alternative Investors Get Some Advice](http://allaboutalpha.com/blog/2015/01/28/pension-funds-as-alternative-investors-get-some-advice/?ref=riskmarketnews.com)

#### [All About Alpha](http://allaboutalpha.com/blog/2015/01/28/pension-funds-as-alternative-investors-get-some-advice/?ref=riskmarketnews.com)

The most frequently cited impediment to investing in hedge funds is the difficulty in sourcing.