Risk Science: What You Need to Read Today
Spring Weather Outlook: Drought in West, Floods in East
CBS News
The dire prediction was made Thursday as part of the National Oceanic Atmospheric Administration’s Spring Outlook for April to June.
Cyclone Nathan: Premier Says Far north Queensland Has Been Spared Serious Damage
The Guardian
No injuries reported after category four storm made landfall between Cape Melville and Cape Flattery.
Should Oil Companies Be Liable for Earthquake-Related Damage?
Marketplace
The Oklahoma Supreme Court will soon rule on a case that could hold oil and gas companies liable for earthquake-related damage.
The Severe Challenges of Bringing Cyclone Relief to Vanuatu
Wired
Vanuatu’s recovery has only just begun.
Risk Business: What You Need to Read Today
Acts of God, Acts of Man (And Acts of Bankers)
Aberdeen Monthly Market Insight (links directly to PDF)
Esoteric markets are seeing the ‘benefit’ of this central bank largesse – perhaps one of the more interesting being global insurance,
N.Y. Regulator Studying How Car, Other Insurance Rates Are Set
WSJ (sub may be required)
Financial watchdog Benjamin Lawsky sends letter to insurers inquiring about mathematical pricing models.
UK Alternative Insurance Plan Positive, Questions Remain
Fitch Ratings
Little detail on the plans is yet available and there are many uncertainties that could affect the attractiveness of London as a domicile for ILS.
Japan Insurer Nippon Life Says May Spend $12 Bln to Buy New Assets Over 10 Years
Reuters
Japan’s largest private-sector life insurer said it plans the investment drive over the next decade as it seeks to raise earnings outside its domestic insurance base
