Risk Science: What You Need to Read Today
El Niño Finally Arrives But is Weaker Than Expected, Says US Agency
The Guardian
Arrival of long-anticipated climate phenomenon will be too little, too late for drought-struck California, meteorologists say.
Extreme Rain May Flood 54 Million People by 2030
Scientific American
Floods could affect twice as many people as currently within 15 years, according to a new tool.
An Earthquake of a Snowstorm
USA Today
What happened in Chile in 2010 could teach us a thing or two about coping with this winter.
Cyclone Watch: No Cause for Alarm Yet, But Forecasters Monitor Tropical Low
Courier Mail
Despite its cheap energy and other advantages, America is still losing ground to emerging markets in the battle for foreign investment.
Risk Business: What You Need to Read Today
Release of ISPV framework
Isle of Man Insurance and Pensions Authority
ISPVs represent a new specialist class of (re)insurer for the Island which is designed to facilitate Insurance Linked Securities and other collateralised (re)insurance transactions between sophisticated parties.
Sompo Japan to Buy 7.8 pct Stake in French Reinsurer SCOR
Reuters
SCOR welcomed the arrival of Sompo in its capital as a long-term shareholder, but said it had not been party to the transaction between the Japanese company and Patinex.
Insurers Step Up for Drone Pilots Unwilling to Wait on FAA Rules
Bloomberg
Purchasing insurance for commercial drones, which isn’t prohibited under FAA rules, doesn’t make flying them legitimate.
Sidecar Pioneer Olympus Re Being Wound Up
Royal Gazette
“The theory is still sound, but it’s been a sorry chapter.”
