Risk Science: What You Need to Read Today
Extreme Tornado Outbreaks Have Become More Common, Says Study
Phys.org
The average number of tornado outbreaks has risen since 1954, and that the chance of extreme outbreaks has also increased.
Earthquake Exposes Gaps in Indonesia’s Tsunami-Warning System
WSJ (sub may be required)
None of Indonesia’s 22 tsunami-warning buoys were working at the time of Wednesday’s earthquake
Where Climate Models Fall Short
Nature (sub may be required)
Climate models tend to overestimate the extent to which climate change contributes to weather events such as extreme heat and rain.
Climate Change is a Potent Element in the Deadly Brew of Disaster Risk
The Guardian
By tackling the environment we can also mitigate the impact of disasters, as heatwaves, droughts and floods threaten the lives of millions
Risk Business: What You Need to Read Today
Europe’s Insurers, Pension Funds Turn to Risky Property in Hunt for Yield
Reuters
Traditionally conservative European insurers and pension funds are turning increasingly to risky property bets on everything from new homes in provincial Britain to car parks at Brussels airport.
Loeb, Einhorn Reinsurers Cite Risk From IRS, Wyden Tax Scrutiny
Bloomberg
Dan Loeb’s reinsurer cited risks tied to regulation as the Internal Revenue Service and U.S. Senator Ron Wyden work to limit what the lawmaker called a “tax loophole” used by hedge fund managers to route investments abroad.
Exclusive: Canyon Capital Prepares Board Challenge to Ambac – Sources
Reuters
Hedge fund Canyon Capital Advisors LLC is preparing to challenge the leadership of Ambac Financial Group Inc by putting its own nominees up for election to the bond insurer’s board
Reinsurance the Perfect Hedge Fund Strategy to Diversify a Portfolio
Small Cap Nation (YouTube)
An interview Don Steinbrugge, Managing Director, Agecroft Partners.
