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March 25, 2016: Australian Storm Bill Tops Half Billion Mark and Modeling Genocide

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.