January 4, 2016: Finding Fault with California Earthquakes and "Backwater" Regulators Breaking Up Insurers
Risk Science: What You Need to Read Today
Research Team Finds Link Between Fault Line Slippage, Large Earthquakes
The Daily Californian
Movement along fault lines may be a strong indicator of when large earthquakes will occur.
UK Floods Tied to Climate Change
Nature (sub may be required)
The risk of extreme winter rainstorms in southern England, such as those that caused widespread flooding in January 2014, has increased as a result of climate warming.
New Zealand and Pacific ‘Not Off the Hook’ as Tropical Cyclone Season Starts to Peak
Conditions are ripe for a tropical cyclone to form over the southwest Pacific as storm season reaches its height.
Scientists Solve 50-Year-Old Mystery of Alaska Tsunami
For 50 years, scientists struggled to understand what sparked a devastating tsunami that leveled a remote village in Alaska.
Risk Business: What You Need to Read Today
MetLife, AIG Spinoffs of U.S. Insurance Units Show “Disruptive” Fiduciary Rules, Not Just Capital Needs
Reuters Regulatory Intelligence
The American insurance industry is being rapidly reshaped from a state-regulated backwater by what an industry group calls the “disruptive” impact of government regulation.
Munich Re Jumps Most in Four Years After Dividend Beats Forecast
“Due to the fact that the market environment is so challenging, the 2015 result is pleasing.”
Insurer Beazley Sees Falling Rates, Margin Pressure in 2016
Falling rates continue to put pressure on margins.
Climate of Concern as Insurers Miss the Mark with Costs
Australian Business Review
One of the insurance industry’s core skills — pricing for natural-peril risks like floods and earthquakes — has been sadly lacking in recent times.
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