July 27, 2016: Scientists Surprised by Heat, Insurers Embrace Junk and Where Did the Pandemic Go?

Risk Science: What You Need to Read Today

Scientists Caught Off-Guard by Record Temperatures Linked to Climate Change


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

California Declares State of Emergency Over Los Angeles Wildfire


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

Ars Techinca 

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

USA Today

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


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

WSJ (sub may be required)

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

Why Would a Pirate Ship Want Insurance?


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

Australian Financial Review

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

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