March 19, 2015: Reinsurers Reject Hedge Funds, Bill Gates Worries About Superbugs

Chris Westfall
Chris Westfall

Risk Science: What You Need to Read Today

New Storm Surge Watch/Warning Maps to be Tested in 2015 Hurricane Season

The National Hurricane Center will issue prototype color-coded maps showing storm surge watch and warning areas during the 2015 hurricane season, which begins June 1.

Be Pandemic-Ready, Bill Gates Warns the World

Vancouver Sun

Billionaire tells Vancouver TED conference that a new level of readiness is needed.

In Italy, Researchers Blast Proposal to Ban Seafloor Mapping with Air Guns

Science Insider

Seismic surveys are often used to identify new sources of oil and gas, as well as earthquake-generating faults or magma chambers that could create volcanic eruptions.

Top Hurricane Expert: Climate Change Influenced Tropical Cyclone Pam

Washington Post

Scientists are pondering what role Earth’s changing climate may have had in the destructive potential of the storm.

Risk Business: What You Need to Read Today

Hedge Funds No Longer Attractive for Banks, Reinsurers

Institutional Investor

As greater capital requirements push firms like Swiss Re to unload their hedge fund stakes, asset managers are buying up the positions.

Citizens Property Insurance Shrinks to Record Low

Tampa Bay Times

State-run Citizens Property Insurance’s policy count has shrunk to its lowest level since its creation 10 years ago.

Budget 2015: Plan to Turn London into Cat Bond Centre

FT (sub may be required)

George Osborne has set out plans to make London a global centre for catastrophe bonds and other esoteric vehicles that are transforming the insurance industry.

BCE Longevity Swap Harbinger of Deals to Come

Pensions and Investments

The deal involving Sun Life is the first of its kind in Canada.