May 17, 2016: Coming Up Short on Cyber, Hawaii Tsunami Risk and No Hurricanes No Worries

Risk Science: What You Need to Read Today

Rising Seas Lift an Industry

MIT Technology Review

For the Dutch masters of water management, climate change is a boon.

New Research Reveals Chances of Mega-Earthquake in the Aleutian Islands

University of Hawaii Ka Leo

There is a nine percent chance of a magnitude nine or greater earthquake occurring in the Aleutian Islands in the next 50 years.

Why the Effects of 2016 El Niño Trumped Climate Change in the Alberta Wildfires

The Conversation

What climate phenomena could have led to the persistent warm, dry conditions and the extreme fire events?

Ecuador Hit by 6.7 Earthquake; President Says No Damage


The epicenter was the fishing village of Mompiche on the Pacific coast, and only some “small damages” had been caused.

Risk Business: What You Need to Read Today

Insurance Broker Warns on Financial Groups’ Cyber Attack Cover

FTNext (sub may be required)

Financial services companies vastly overestimate how much insurance they have against a cyber attack

Credit Suisse Takes Out Insurance on Itself

WSJ (sub may be required)

The Swiss bank wants investors to help fund its exposure to operational risks

Florida’s Hurricane Fund Has $17 Billion Available

Florida Times Union

Florida’s continued lucky streak when it comes to dodging hurricane is helping a key state fund reach its best financial shape ever in the two decades it has been in place.

Mark Carney Backs Insurance for Developing World

FT (sub may be required)

Finance leaders aim to help countries cope with natural disasters.

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