June 8, 2016: Old Insurers Avoid New Risks, Okla Declares Quake Cover Crisis and USGS Rides Wave Model 
1 min read

June 8, 2016: Old Insurers Avoid New Risks, Okla Declares Quake Cover Crisis and USGS Rides Wave Model 

Risk Science: What You Need to Read Today

This Hurricane Season, Scientists Bring Wave Action Into the Picture

USGS

New USGS models help predict storm effects on beaches.

India’s Colonial-Era Monsoon Forecasting to Get High-Tech Makeover

Reuters

India’s meteorology office is spending $60 million on a new supercomputer to improve the accuracy of one of the world’s most vital weather forecasts.

Women’s Health in the US is Declining in 4 Key Ways, and Researchers Can’t Explain Why

Vox

“There is simply no mistaking the reality that American women are currently dying much earlier than their counterparts in other advanced nations.”

When It Comes To U.S. Weather Forecasting: Private, Public Or Both?

Forbes

A discussion has emerged on what roles the private and public sector should play within the weather enterprise.

Risk Business: What You Need to Read Today

Insurers Fail to Offer Business Cover for New Risks

FT (sub may be required)

The industry does not have enough people with an understanding of latest dangers such as cyber security

Apple Raises $1.4 Billion in Taiwan on Larger Insurer Appetite

Bloomberg

Domestic life insurers looking for higher yields are driving the trend.

Oklahoma Regulator Declares State’s Earthquake Insurance Market ‘Noncompetitive’

The Oklahoman

Some insurers have filed triple-digit rate increases over the past few years.

One in Five Pension Investors Confident of Longevity Management Skills

I&PE

Pension funds increasingly recognise the importance of applying more sophisticated risk modeling.

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