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# March 16, 2016: Double Whammy Quake, Munich Re Buyback and Yield Starved Insurers
- URL: https://www.riskmarketnews.com/march-16-2016-double-whammy-quake-munich-re-buyback-yield-starved-insurers/
- Published: 2016-03-16T07:58:06.000Z
- Updated: 2016-03-16T07:58:06.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [13.1 Million U.S. Coastal Residents Could Face Flooding from Rising Sea Levels, Study Says](http://www.latimes.com/world/global-development/la-na-global-sea-levels-story.html?ref=riskmarketnews.com)

#### [LA Times](http://www.latimes.com/world/global-development/la-na-global-sea-levels-story.html?ref=riskmarketnews.com)

The estimated number of coastal dwellers affected by rising sea level is three times higher than previously projected.

### [Until 1950, U.S. Weathermen Were Forbidden From Talking About Tornados](http://www.slate.com/blogs/atlas%5Fobscura/2016/03/15/until%5F1950%5Fu%5Fs%5Fweathermen%5Fwere%5Fforbidden%5Ffrom%5Ftalking%5Fabout%5Ftornados.html?ref=riskmarketnews.com)

#### [Slate](http://www.slate.com/blogs/atlas%5Fobscura/2016/03/15/until%5F1950%5Fu%5Fs%5Fweathermen%5Fwere%5Fforbidden%5Ffrom%5Ftalking%5Fabout%5Ftornados.html?ref=riskmarketnews.com)

From 1887 up until 1950, American weather forecasters were forbidden from attempting to predict tornados.

### [Meet Mount Everest’s Meteorologist \[Q&A\]](http://www.scientificamerican.com/article/meet-mount-everest-s-meteorologist-q-a/?ref=riskmarketnews.com)

#### [Scientific American](http://www.scientificamerican.com/article/meet-mount-everest-s-meteorologist-q-a/?ref=riskmarketnews.com)

Each spring Michael Fagin’s weather predictions could mean the difference between life and death.

### [Double Whammy of Multi-Fault Ruptures Can Unleash Stronger Earthquakes, Stanford Scientists Say](http://news.stanford.edu/news/2016/march/rupture-multi-quakes-031416.html?ref=riskmarketnews.com)

#### [Stanford News](http://news.stanford.edu/news/2016/march/rupture-multi-quakes-031416.html?ref=riskmarketnews.com)

Research based on a new study of California’s 1812 earthquake yields insights to improve future seismic hazard predictions.

## Risk Business: What You Need to Read Today

### [Munich Re Sees Lower Profit, Plans New $1.1 Billion Buyback](http://www.bloomberg.com/news/articles/2016-03-16/munich-re-continues-share-buybacks-amid-lower-profit-outlook?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-03-16/munich-re-continues-share-buybacks-amid-lower-profit-outlook?ref=riskmarketnews.com)

Munich Re expects profit to decline this year as falling prices for its products and low interest rates weigh on investment earnings.

### [Insurers Could Use Data to Better Price Risk: Aon Benfield](http://www.theaustralian.com.au/business/financial-services/insurers-could-use-data-to-better-price-risk-aon-benfield/news-story/8c4f3cbb3f2d0e36d674bf9f6ccf448b?ref=riskmarketnews.com)

#### [Australian Financial Review](http://www.theaustralian.com.au/business/financial-services/insurers-could-use-data-to-better-price-risk-aon-benfield/news-story/8c4f3cbb3f2d0e36d674bf9f6ccf448b?ref=riskmarketnews.com)

Global reinsurance giant Aon Benfield has urged the government and the local insurance sector to make better use of “deep-dive” data analytics.

### [Yield-Starved European Insurers Look Past Risks to Mull Emerging Bonds](http://www.reuters.com/article/emerging-insurers-debt-idUSL5N16M4PV?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/emerging-insurers-debt-idUSL5N16M4PV?ref=riskmarketnews.com)

Europe’s 10-trillion euro insurance industry is turning to emerging debt for the higher returns it desperately needs.

### [Swiss Re Boosts CEO Lies’ Compensation to 7.02 Million Sfr](http://www.reuters.com/article/swiss-re-salary-idUSFWN16O008?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/swiss-re-salary-idUSFWN16O008?ref=riskmarketnews.com)

Economic net worth for the firm declined.