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June 7, 2016: Sweating the Climate Small Stuff, London Brexit Anxiety and the Zika Candidate

Risk Science: What You Need to Read Today

MIT Forum and Infosys Risk Group Release Preliminary Global Risk Survey Findings

MIT News

Survey indicates 92.54 percent of companies think the nature of risk is changing due to complexity in the digital economy.

USA’s Record Major Hurricane Drought is ‘Luck’

USA Today

While major hurricanes have not hit the U.S., major hurricanes have formed and either stayed out to sea or blasted other places.

Technique Could Help Climate Models Sweat The Small Stuff

Scientific Computing

Computer models are generally good at capturing the big picture, but they are often forced to ignore things that happen at small scales.

Zika May Infect Florida Senate Race as Money to Fight Virus Lags

Bloomberg

Florida, the ultimate swing state in the race to determine control of the White House and Senate, is on the front lines of the mosquito-borne virus.

Risk Business: What You Need to Read Today

London Financial Hub Braces for Possible EU Exit ‘Nightmare’

AP

The loss of “passporting” is a particular concern for the many foreign firms who use London not only as a financial hub but as an entry point into the EU.

French Government Promises Aid to Flood Victims as Cost to Insurers Rises

Reuters

Floods in France between 2001 and 2015 cost insurers around 7 billion euros.

China’s First Insurance Exchange to Launch in Shanghai as Early as June 12

South China Morning Post

The exchange will offer trading facilities and services for reinsurance, shipping insurance, insurance assets and special risk insurance.

Sydney Storms: Insurance Questions Hang Over Damaged Homes

Sydney Morning Herald

Homeowners along the NSW and Queensland coast are gearing up for a stoush with their insurance companies after hundreds of houses were hit by massive storm surges.