Risk Science: What You Need to Read Today
New Zealand’s Alpine Fault Biggest Mover in the World
University of Wellington
New Zealand’s Alpine Fault has moved more in the last 25 million years than any other known onland fault on Earth.
Tree Planting ‘Can Reduce Flooding’
BBC
Planting trees around rivers could reduce the height of flooding in towns by up to 20%, new research suggests.
European Centre for Medium-Range Weather Forecasts – Model Upgraded to Best Ever
EurekAlert
The European Centre for Medium-Range Weather Forecasts launched a significant set of upgrades, dramatically increasing the quality of both its high-resolution and its ensemble forecasts.
This New York Storm Barrier Could Have Slowed Down Sandy. But European Settlers Ate It
Washington Post
New York’s settlers ate oysters in the harbor like they were going out of style, and the city lost its natural protection from once-in-a-lifetime megastorms such as Hurricane Sandy.
Risk Business: What You Need to Read Today
2016 Opalesque Connecticut Roundtable
Odalisque (direct to PDF download)
Featuring Brett Houghton, Managing Principal of Fermat Capital discussing accessing insurance-linked risks through catastrophe bonds and collateralized reinsurance contracts.
Loeb Reinsurer Targets Mortgage Deals to Halt Underwriting Loss
Bloomberg
Adding mortgage contracts “will hopefully allow us to eventually get to a lower-than-100 percent combined ratio.”
Best in Class: A Brexit-Proof Sector?
FT Adviser
The sector marches to a different drumbeat to the to the rest of the market, which makes it a good defensive investment and diversification tool.
Old Mutual Says to Split Up, Asset Management Sale Eyed
Reuters
Old Mutual’s solvency capital ratio under new European rules was 135 percent, lower than many of the other major insurers.