Risk Science: What You Need to Read Today
Cuomo’s Plan on Weather Has Doubters
WSJ (sub may be required)
Experts caution that the state’s multi-million dollar effort might not improve forecasts.
USGS to Raise Texas Earthquake Hazard Risk
Houston Chronicle
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
ClimateWire
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
Wired
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
National News Agency of Malaysia
“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?
Interest.co.nz
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
Reuters
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
All About Alpha
The most frequently cited impediment to investing in hedge funds is the difficulty in sourcing.