March 3, 2016: Hedge Fund Reinsurers Eye Tax Risk, Tornado Outbreaks Worsen and the Hunt for Yield in Housing

Chris Westfall
Chris Westfall

Risk Science: What You Need to Read Today

Extreme Tornado Outbreaks Have Become More Common, Says Study

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


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


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


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.