January 4, 2016: Finding Fault with California Earthquakes and "Backwater" Regulators Breaking Up Insurers

Chris Westfall
Chris Westfall

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

Fox News

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.