· 1 min read

July 6, 2016: China's Loosening Rules Pose Risks, Typhoon Targets Taiwan, Berlin Looks to Replace London

Risk Science: What You Need to Read Today

Super Typhoon Nepartak Takes Aim at Taiwan

CNN

Taiwan is bracing for the region’s first super typhoon of 2016.

The ‘Holy Grail’ for Earthquake Scientists has Been Accidentally Destroyed

LA Times

A humble curb wasn’t much to look at. But for earthquake scientists, it was a kind of Holy Grail.

Should the United States Save Tangier Island From Oblivion?

New York Times

It’s the kind of choice that climate change will be forcing over and over.

Week-Long Floods in Central China Paralyse City of Wuhan’s Transport Network

South China Morning Post

Persistent torrential rain, which is continuing to batter central eastern China, has paralysed the transportation network in the centre of Wuhan, Hubei’s capital city.

Risk Business: What You Need to Read Today

Relaxed Investment Rules for Insurers Welcomed,  But With Caution

South China Morning Post

CIRC move likely to widen firms’ choices, but may also add risk.

Harrington Re Raises $600m

Royal Gazette

Around $50 million in equity investment came from affiliates of the Blackstone Group.

Berlin Bids to Replace London as Post-Brexit Fintech Capital

FT (sub may be required)

“Why would you want to stay in the UK when it’s so insecure?”

Don’t Block Obama’s Flood Rule

Politico

Congress is inexplicably proposing to weaken Obama’s new rules around flood mitigation.