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# July 27, 2016: Scientists Surprised by Heat, Insurers Embrace Junk and Where Did the Pandemic Go?
- URL: https://www.riskmarketnews.com/july-27-2016-scientists-surprised-heat-insurers-embrace-junk-pandemic-go/
- Published: 2016-07-27T07:13:21.000Z
- Updated: 2016-07-27T07:13:21.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Scientists Caught Off-Guard by Record Temperatures Linked to Climate Change](http://www.reuters.com/article/us-weather-climatechange-science-idUSKCN1061RH?rpc=401&ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-weather-climatechange-science-idUSKCN1061RH?rpc=401&ref=riskmarketnews.com)

“What concerns me most is that we didn’t anticipate these temperature jumps.”

### [California Declares State of Emergency Over Los Angeles Wildfire](http://www.upi.com/Top%5FNews/US/2016/07/27/California-declares-state-of-emergency-over-Los-Angeles-wildfire/4121469593242/?ref=riskmarketnews.com)

#### [UPI](http://www.upi.com/Top%5FNews/US/2016/07/27/California-declares-state-of-emergency-over-Los-Angeles-wildfire/4121469593242/?ref=riskmarketnews.com)

The Soberanes fire in Northern California is only 10 percent contained, with 1,650 structures threatened, 20 homes destroyed and 300 people evacuated.

### [The Case of the Vanishing Pandemic](http://arstechnica.com/science/2016/07/the-case-of-the-vanishing-pandemic-deadly-bird-flu-flies-the-coop-in-the-us/?ref=riskmarketnews.com)

#### [Ars Techinca ](http://arstechnica.com/science/2016/07/the-case-of-the-vanishing-pandemic-deadly-bird-flu-flies-the-coop-in-the-us/?ref=riskmarketnews.com)

Deadly bird flu flies the coop in the US and scientists puzzled by the disappearance, but think lack of vaccination may be key.

### [Rising Seas Threaten to Swamp U.S. Military Bases by 2050](http://www.usatoday.com/story/weather/2016/07/27/sea-level-rise-military-bases/87576456/?ref=riskmarketnews.com)

#### [USA Today](http://www.usatoday.com/story/weather/2016/07/27/sea-level-rise-military-bases/87576456/?ref=riskmarketnews.com)

The onslaught of water will come from both tidal flooding and hurricane storm surge.

## Risk Business: What You Need to Read Today

### [Cash Wave Pointed Toward Junk Bonds](http://www.bloomberg.com/gadfly/articles/2016-07-26/tidal-wave-of-insurance-cash-pointed-toward-junk-bonds?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/gadfly/articles/2016-07-26/tidal-wave-of-insurance-cash-pointed-toward-junk-bonds?ref=riskmarketnews.com)

Life insurers — and perhaps other types of insurers down the line — will soon direct a greater proportion of their money to high-yield bonds than they have in the past.

### [Chinese Buyers on Acquisition Spree Eye Insurance Firms](http://www.wsj.com/articles/chinese-buyers-on-acquisition-spree-eye-insurance-firms-1469533742?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/chinese-buyers-on-acquisition-spree-eye-insurance-firms-1469533742?ref=riskmarketnews.com)

Foresee Life is in advanced discussion to acquire Asia Capital Reinsurance.

### [Why Would a Pirate Ship Want Insurance?](http://www.slate.com/articles/health%5Fand%5Fscience/science/2016/07/the%5Fself%5Fsunk%5Fpirate%5Fship%5Fthe%5Fthunder%5Fand%5Frecent%5Fresearch%5Fexpose%5Fhow%5Finsurance.html?ref=riskmarketnews.com)

#### [Slate](http://www.slate.com/articles/health%5Fand%5Fscience/science/2016/07/the%5Fself%5Fsunk%5Fpirate%5Fship%5Fthe%5Fthunder%5Fand%5Frecent%5Fresearch%5Fexpose%5Fhow%5Finsurance.html?ref=riskmarketnews.com)

The bizarre case of the self-sunk illegal Thunder and recent research show that insurers still cover illegal fishers, to the illegal fishers’ benefit.

### [QBE, Suncorp, IAG Pressed by Low Bond Yields](http://www.afr.com/markets/qbe-suncorp-iag-pressed-by-low-bond-yields-20160726-gqegvu?ref=riskmarketnews.com)

#### [Australian Financial Review](http://www.afr.com/markets/qbe-suncorp-iag-pressed-by-low-bond-yields-20160726-gqegvu?ref=riskmarketnews.com)

Dwindling bond yields are challenging some of Australia’s most conservative institutional investors – the nation’s general insurers.