Risk Science: What You Need to Read Today
The Weather Service Just Took a Critical First Step in Creating a new U.S. Forecasting Model
Washington Post
Within three years, the United States will be running a new global forecasting model.
Is a Category 6 Hurricane Possible?
Weather.com
Scientists ran hurricane models within six different global climate models, and the results were mind-boggling.
Earthquake Clues From Ancient Temples in the Himalayas
New York Times
By analyzing broken bricks and cracked walls and comparing that data with historical accounts of natural disasters, the researchers linked the earthquakes with damage in the ancient structures.
Supercomputer to Forecast Monsoon with Dynamical Model
The Hindu
Next year, India’s annual summer monsoon forecast may be made by a supercomputer running a dynamical model.
Risk Business: What You Need to Read Today
Nervous Insurers Step Back From Fire Risk of La Cañada Hillside Homes
LA Times
Some large insurers have put a hold on writing new policies to manage their growth and exposure to risk in certain areas.
Data Scientists, Asia and Private Assets: Harrison Sets out Schroders’ Plans
eFinancial News
Schroder’s CEO wants to grow its North American and Asian businesses and to build on recent forays into private assets, including insurance-linked securities.
Insurance Companies Have Joined the Ranks of Shadow Banks
Bloomberg
Some of the biggest U.S. insurers are seeking higher returns in direct lending when buying bonds sometimes means guaranteed losses.
Natural Cover
Hindu Business Line
A Swiss Re executive argues catastrophe risk transfer into insurance markets should be considered by both the Centre and State governments in India.