June 24, 2016: Fosun to Flip Ironshore, London Market's Brexit Hangover and Missouri Quake Warning
Risk Science: What You Need to Read Today
Is Middle America Due For a Huge Earthquake?
In the early 19th century, a series of massive quakes rocked Missouri. Some experts predict that the state could be in for another round of violent shaking, while others warn that a big quake could strike elsewhere in the center of the continent.
Nature’s Wrath: China’s Six Most Destructive Tornadoes
South China Morning Post
The mainland is no stranger to natural disasters, especially earthquakes, typhoons and floods. Tornadoes, though less common, still cause great loss of life and property.
Monsooner or Later
Forecasting India’s monsoon is tricky. Robots may help.
Team Creates System to Give Fast Response to “Was That Climate Change?”
Despite its cheap energy and other advantages, America is still losing ground to emerging markets in the battle for foreign investment.
Risk Business: What You Need to Read Today
China’s Fosun International Pursues U.S. IPO of Insurer Ironshore
WSJ (sub may be required)
The arm of Chinese conglomerate applies for spinoff of U.S. insurance firm it acquired last year.
Lloyd’s Will Stay ‘At Centre’ of Global Insurance Market Despite Brexit
Lloyds’s chairman John Nelson has moved to allay fears about the impact of the UK’s vote to leave the EU on the Lloyd’s market.
Munich Re Warns UK Will Lose Influence to Other Financial Hubs
FT (sub may be required)
Munich Re, the world’s largest reinsurance group, has warned that Brexit will have detrimental economic consequences for the UK.
Finance Chiefs Dismay Brexit as Bank Stocks Plunge Across Europe
Financial markets convulsed as investors dumped the pound and equities and piled into safe-haven assets including gold and German bunds.
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