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# June 10, 2016: Many Fort McMurray's to Come, Bond Supernovas and Environmental Nation Dismantling   
- URL: https://www.riskmarketnews.com/june-10-2016-many-fort-mcmurrays-come-bond-supernovas-environmental-nation-dismantling/
- Published: 2016-06-10T07:15:47.000Z
- Updated: 2016-06-10T07:15:47.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Without Global Warming, Paris Floods Would Have Been Far Less Likely to Occur, Study Finds](http://mashable.com/2016/06/09/paris-floods-global-warming/?ref=riskmarketnews.com#%5FVK.HXViuuqc)

#### [Mashable](http://mashable.com/2016/06/09/paris-floods-global-warming/?ref=riskmarketnews.com#%5FVK.HXViuuqc)

The analysis found that the probability of three-day precipitation extremes in April through June increased by at least 40% in France overall due to climate change.

### [The Fort McMurray Wildfires: An Indication of What’s to Come](https://www.seas.harvard.edu/news/2016/06/fort-mcmurray-wildfires-indication-of-what-s-to-come?ref=riskmarketnews.com)

#### [Harvard School of Engineering and Applied Sciences](https://www.seas.harvard.edu/news/2016/06/fort-mcmurray-wildfires-indication-of-what-s-to-come?ref=riskmarketnews.com)

SEAS researchers predict that wildfires will only get worse, more frequent with climate change

### [El Nino Has Ended, Now Farmers Need to Worry About La Nina](http://www.bloomberg.com/news/articles/2016-06-09/el-nino-has-ended-now-farmers-need-to-worry-about-la-nina?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-06-09/el-nino-has-ended-now-farmers-need-to-worry-about-la-nina?ref=riskmarketnews.com)

While El Nino has dried up rice crops across Southeast Asia, cocoa fields in Ghana and sugar cane in Thailand, La Nina holds its own challenges for farmers.

### [Hydro Tasmania Asked to Explain Cloud Seeding in Catchment Day Before Flooding](http://www.abc.net.au/news/2016-06-10/cloud-seeding-carried-out-over-tasmanian-catchment-before-floods/7499226?ref=riskmarketnews.com)

#### [ABC](http://www.abc.net.au/news/2016-06-10/cloud-seeding-carried-out-over-tasmanian-catchment-before-floods/7499226?ref=riskmarketnews.com)

Tasmania’s government-owned energy company has been asked to explain why it conducted cloud seeding he day before flooding began this week.

## Risk Business: What You Need to Read Today

### [New Zurich CEO Starts Overhaul by Combining Businesses](http://www.reuters.com/article/zurich-ins-group-restructuring-idUSL8N1920G2?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/zurich-ins-group-restructuring-idUSL8N1920G2?ref=riskmarketnews.com)

Greco said the new structure would lead to further redundancies but that it was too early to quantify these.

### [Gross Says Negative Rates Are Like ‘Supernova’ That Will Explode](http://www.bloomberg.com/news/articles/2016-06-09/gross-says-negative-rates-are-like-supernova-that-will-explode?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-06-09/gross-says-negative-rates-are-like-supernova-that-will-explode?ref=riskmarketnews.com)

He said in a June 2 note that the era nvestors should eventually take positions to protect principal or profit from market declines.

### [Lloyd’s Eyes 8-10% Annual Growth in India Business](http://timesofindia.indiatimes.com/city/mumbai/Lloyds-eyes-8-10-annual-growth-in-India-business/articleshow/52674906.cms?ref=riskmarketnews.com)

#### [Times of India](http://timesofindia.indiatimes.com/city/mumbai/Lloyds-eyes-8-10-annual-growth-in-India-business/articleshow/52674906.cms?ref=riskmarketnews.com)

At present, the state-run GIC Re is the sole re-insurer in the country but Lloyds will soon jump in.

### [When the State Wilts Away](http://www.bloomberg.com/news/articles/2016-06-09/climate-change-environmental-stress-can-tip-nations-into-catastrophe?ref=riskmarketnews.com)

#### [Bloomberg Businessweek](http://www.bloomberg.com/news/articles/2016-06-09/climate-change-environmental-stress-can-tip-nations-into-catastrophe?ref=riskmarketnews.com)

In weak nations, environmental stress can tip society into catastrophe.