Risk Science: What You Need to Read Today
Wildfire Burns About 620 Square Miles in Kansas, Oklahoma
ABC
Smoke from the fire, which burned about 620 square miles in the two states, was reportedly detected as far away as St. Louis.
GOES-R Satellite Could Provide Better Data for Hurricane Prediction
Phys.org
The launch of the GOES-R geostationary satellite in October 2016 could herald a new era for predicting hurricanes, according to Penn State researchers.
Tornado Outbreaks are Becoming More Dangerous, Columbia Researchers Find
Columbia Spectator
As the mean number of tornadoes per outbreak increases, so does the variance of tornadoes per outbreak.
Forecasting Future Atrocities
Pacific Standard
Researchers attempt to predict which countries are most at risk for genocide or politicide over the coming five years.
Risk Business: What You Need to Read Today
Catastrophic Summer Events Cost Insurers More Than $550 Million, Insurance Council of Australia Says
ABC
The damage bill for three bushfires in South Australia, Victoria and Western Australia, and a tornado in New South Wales was more than $550 million.
Proposal Aims to Curb Bank Risk Models
WSJ (sub may be required)
Basel Committee proposes limits on discretion institutions have to measure how much risk they can take
More Frequent Attacks on Western Countries Lifts Demand for Specialist Insurance
Reuters
Rising risks in developed countries after a string of deadly attacks are driving up demand for specialist insurance to cover losses stemming from such events.
Exor’s Elkann to Lead PartnerRe Board After $6.1 Billion Deal
Bloomberg
PartnerRe President Emmanuel Clarke was named CEO of the reinsurer.