Risk Science: What You Need to Read Today
13.1 Million U.S. Coastal Residents Could Face Flooding from Rising Sea Levels, Study Says
LA Times
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
Slate
From 1887 up until 1950, American weather forecasters were forbidden from attempting to predict tornados.
Meet Mount Everest’s Meteorologist [Q&A]
Scientific American
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
Stanford News
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
Bloomberg
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
Australian Financial Review
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
Reuters
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
Reuters
Economic net worth for the firm declined.