March 4, 2016: Negative Rates Knockout Blow to Insurers and Houston Is Hurricane Risk Ground Zero
1 min read

March 4, 2016: Negative Rates Knockout Blow to Insurers and Houston Is Hurricane Risk Ground Zero

Risk Science: What You Need to Read Today

Hell and High Water

Pro Publica

Houston is the fourth-largest city in the country. And it’s a sitting duck for the next big hurricane. Learn why Texas isn’t ready.

El Niño’s Parade of ‘Atmospheric River’ Storms is Finally Coming to California

Mashable

El Niño: What took you so long?

After The Big One

Vice Motherboard

An immersive, reported science fiction saga about surviving the coming mega-quake.

(Rain)Cloud Computing: Researchers Work to Improve How We Predict Climate Change

Phys.org

Two scientists are working on simulations and techniques to project what the climate will look like 100 years from now.

Risk Business: What You Need to Read Today

Negative Rates and Insurers: Be Afraid

WSJ (sub may be required)

Interest rates are critical to insurers’ investment returns, and moves into negative territory present a growing threat.

Pensions and Insurance May be Undone by Negative Rates

International Financial Review

Forget cash, or even politics, the real obstacles which may make negative interest rates unworkable in some larger economies are pension and insurance obligations.

Insurance Task Force Dumps on Northern Australia Mutual

Australian Financial Review

Insurers will likely be left alone to bear $5 billion of cyclone damage claims in northern Australia after a report rejected their demand for federal government assistance.

As Time Runs Out for Insurance Reforms, Citizens Turns Up Heat on Water Loss Warnings

Sun Sentinel 

Policies that now average $2,880 in Miami-Dade could be increased by the maximum allowable 10 percent a year and total more than $4,000 in five years, Citizens warns.

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