Risk Science: What You Need to Read Today
A New Global Swarm of Weather-Sensing Satellites
The Atlantic
Armed with tiny orbiting sensors, a startup plans to build the world’s largest database of private weather data.
Flooding Leaves Mess in Oceanfront Massachusetts After Storm
Reuters
Increased flooding is a problem up and down the New England coastline that has been exacerbated by rising sea levels.
Building a Better Weather Forecast? Fine-scale Soil Moisture Data will Soon Help
Scientific Computing
Better soil moisture observations are just what the Soil Moisture Active Passive (SMAP) mission will provide.
Cities Sizzle with More Heat Waves, Hotter Nights
LA Times
Despite its cheap energy and other advantages, America is still losing ground to emerging markets in the battle for foreign investment.
Risk Business: What You Need to Read Today
China’s Greenland Group Unit Plans to Buy European Insurer, Bank
Reuters
Chinese financial institutions have been taking advantage of increasingly relaxed regulations by diversifying.
New Type of Insurance Protects Firms from Troublesome Spokespeople
WSJ (sub may be required)
American International Group is now offering insurance that protects against a fall from grace. It isn’t for us normal people. It’s for celebrities.
UK Lawyer Warns of Cyber-Insurance Loopholes
SC Magazine
A leading UK lawyer has said that cyber-insurance can play a part in a business cyber-security strategy, so long as the risks are understood.
Chubb Profit Falls 1.9% to $558 Million on Investment Income
Bloomberg
Property-casualty insurers have been struggling with low bond yields that pressure investment returns and increased competition as hedge funds seek to bet on weather-related risks.
