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# July 7, 2016: Typhoon's Frightening Perfection, Builders Thwart Catastrophe Defense and Reinsurance Carcasses
- URL: https://www.riskmarketnews.com/july-7-2016-typhoonss-frightening-perfection-builders-thwart-catastrophe-defense-reinsurance-carcasses/
- Published: 2016-07-07T06:31:47.000Z
- Updated: 2016-07-07T06:51:12.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Super Typhoon Nepartak is an Example of Terrifying Meteorological Perfection](http://mashable.com/2016/07/06/typhoon-nepartak-textbook-storm/?ref=riskmarketnews.com#FvzlntikUgqY)

#### [Mashable](http://mashable.com/2016/07/06/typhoon-nepartak-textbook-storm/?ref=riskmarketnews.com#FvzlntikUgqY)

It is as close to a textbook case of an intense typhoon as one typically sees in any season, or even multiple seasons.

### [Fort McMurray Wildfire Now Considered Under Control](http://www.cbc.ca/news/canada/edmonton/fort-mcmurray-wildfire-now-considered-under-control-1.3664947?ref=riskmarketnews.com)

#### [CBC](http://www.cbc.ca/news/canada/edmonton/fort-mcmurray-wildfire-now-considered-under-control-1.3664947?ref=riskmarketnews.com)

Fire detected May 1 forced mass evacuation of city before consuming 589,552 hectares of forest lands.

### [Those Summer Nights Are No Longer a Refuge From Extreme Heat](http://www.bloomberg.com/news/articles/2016-07-07/those-summer-nights-are-no-longer-a-refuge-from-extreme-heat?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-07-07/those-summer-nights-are-no-longer-a-refuge-from-extreme-heat?ref=riskmarketnews.com)

It’s going to be so hot in Texas and across the southern Great Plains that when the sun goes down, the temperature won’t.

### [Assessing the Global Impacts of Climate and Extreme Weather on Health and Well-Being](https://blog.metoffice.gov.uk/2016/07/06/assessing-the-global-impacts-of-climate-and-extreme-weather-on-health-and-well-being/?ref=riskmarketnews.com)

#### [Met Office](https://blog.metoffice.gov.uk/2016/07/06/assessing-the-global-impacts-of-climate-and-extreme-weather-on-health-and-well-being/?ref=riskmarketnews.com)

Adverse weather and climate conditions exacerbate some of the most significant health challenges including disease, air pollution and food production.

## Risk Business: What You Need to Read Today

### [Inside the Lobby Against Tougher Homes](http://www.bloomberg.com/view/articles/2016-07-06/inside-the-lobby-against-tougher-homes?ref=riskmarketnews.com)

#### [Bloomberg View](http://www.bloomberg.com/view/articles/2016-07-06/inside-the-lobby-against-tougher-homes?ref=riskmarketnews.com)

As climate change leaves Americans exposed to more extreme weather, homebuilders are blocking efforts to develop new building codes.

### [NY Regulator to Adopt New Way to Calculate Life Insurance Reserves](http://www.reuters.com/article/us-new-york-insurance-idUSKCN0ZM2BF?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-new-york-insurance-idUSKCN0ZM2BF?ref=riskmarketnews.com)

U.S. state insurance regulators have been phasing out inflexible formulas for calculating insurers’ reserves.

### [Hedge Fund Insurers Risk Becoming Roadside Carcasses, S&P Says](http://www.bloomberg.com/news/articles/2016-07-06/hedge-fund-insurers-risk-becoming-roadside-carcasses-s-p-says?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-07-06/hedge-fund-insurers-risk-becoming-roadside-carcasses-s-p-says?ref=riskmarketnews.com)

Hedge fund firms that set up reinsurance companies will struggle because too many rivals had the same idea and investment results have been disappointing.

### [Strengthening the UK’s Flood Insurance Partnership in the Face of Rising Risks: What Role for Property Developers?](http://www.lse.ac.uk/GranthamInstitute/news/strengthening-the-uks-flood-insurance-partnership-in-the-face-of-rising-risks-what-role-for-property-developers/?ref=riskmarketnews.com)

#### [London School of Economics ](http://www.lse.ac.uk/GranthamInstitute/news/strengthening-the-uks-flood-insurance-partnership-in-the-face-of-rising-risks-what-role-for-property-developers/?ref=riskmarketnews.com)

How can Flood Re be strengthened?