Risk Science: What You Need to Read Today
Earthquake Possible Along New Fault Zone Near Victoria Say Scientists
CBC
It’s a 125km-long series of faults that run from Washington to Victoria.
Why Hurricane Irene Fizzled as it Neared New Jersey in 2011
Phys.org
A dynamic process that cools the coastal ocean and can weaken hurricanes was discovered as Hurricane Irene made landfall in New Jersey.
Scientists Report In Real Time On Challenging Zika Research
NPR
A new kind of openness Zika research is not the norm in biology.
NEC to Shop Earthquake Warning System Overseas
Nikkei
A purchase by Taiwan would make NEC’s offering the first such Japanese warning system to be sold offshore.
Risk Business: What You Need to Read Today
Swiss Re Said to Be in Talks to Buy Prime Reinsurance From Citi
Bloomberg
Swiss Re AG is in talks to buy Prime Reinsurance Co., a unit of Citigroup Inc. set up after the financial crisis to ease the New York bank’s spinoff of insurer Primerica Inc.
Towards Socially Responsible Reinsurance Underwriting Practices: Readily Available ‘Big Data’ Contributions to Optimize Catastrophe Risk Management
SSRN
Advances in big data methodologies with high degrees of granularity and transparency have made it possible to enhance the discussion on socially responsible (re)insurance underwriting practices.
How Hong Kong Can Survive – Even Thrive – Amid a Decline in Demand from Mainland China
South China Morning Post (sub may be required)
Hong Kong can become the reinsurance centre for East Asia.
Tohoku is Literally Still Waiting to Move On
Japan Times
About 125,000 homes were completely destroyed on March 2011, and the main reason many families changed their minds about rebuilding is money.