January 4, 2016: Indian Quake, World Flooding and Catastrophe Costs Hit Record Lows
Risk Science: What You Need to Read Today
Seven Killed, Over 90 Injured as Quake Rocks Northeast India
A strong 6.8 magnitude earthquake epicentred in Manipur hit the northeastern region, causing damage to buildings and triggering panic.
Internet of Things brings New Era of Weather Forecasting
Sensor technology may help you stay out of harm’s way.
Southern Illinois Battles Flooding as Mississippi River Builds Downstream
Days of downpours totaling 10 inches or more in spots pushed the Mississippi and smaller rivers over their banks in several states. .
Political Row Over UK Flooding Intensifies
Financial Times (sub may be required)
The sums allocated to flood-prone areas sparked a political row on Sunday amid accusations that promised extra funding was too little, too late.
Risk Business: What You Need to Read Today
Insurance Cost of Natural Disasters Falls in 2015 – Munich Re
Insurance claims from natural disasters such as storms and earthquakes fell to $27 billion in 2015 as the overall cost of natural catastrophes dropped to its lowest level since 2009.
IAG Snaps Up $7 Billion in Reinsurance Cover
Sydney Morning Herald
Insurance group IAG has secured $7 billion worth of reinsurance cover for 2016 as it braces for potentially devastating bushfire, hail and storms this Australian summer.
Einhorn’s Greenlight Fund Ends Second-Worst Year Down 20%
For David Einhorn, 2016 can’t start soon enough.
Cost of British Storms to Put Pressure on Insurance Dividends, Analysts Say
Flooding victims and their insurers start to count the cost of Storms Desmond, Eva and Frank.
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