> ## Content Index
> Fetch the complete content index at: https://www.riskmarketnews.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# May 6, 2016: Loeb Whiffs Again, Alberta's Losing Streak and Insurers Keep Slashing Hedge Funds  
- URL: https://www.riskmarketnews.com/may-6-2016-loeb-whiffs-albertas-losing-streak-insurers-keep-slashing-hedge-funds/
- Published: 2016-05-06T07:18:17.000Z
- Updated: 2016-05-06T07:18:17.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Dry Winter and Warm Spring Set Stage for Canadian Inferno](http://www.nytimes.com/2016/05/06/science/dry-winter-and-warm-spring-set-stage-for-canadian-inferno.html?%5Fr=0&ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2016/05/06/science/dry-winter-and-warm-spring-set-stage-for-canadian-inferno.html?%5Fr=0&ref=riskmarketnews.com)

A relatively dry El Niño winter, a warm spring that melted snow earlier and years of policies have left forests ripe for burning.

### [Sea-Quake Boost for Tsunami Prediction](http://www.nzherald.co.nz/nz/news/article.cfm?c%5Fid=1&objectid=11634273&ref=riskmarketnews.com)

#### [New Zealand Herald ](http://www.nzherald.co.nz/nz/news/article.cfm?c%5Fid=1&objectid=11634273&ref=riskmarketnews.com)

A study of slow-motion tremor in tectonic plates a first for scientists.

### [Hurricanes Boost Carbon Storage in Southeastern Forests](http://www.climatecentral.org/news/hurricanes-boost-carbon-storage-forests-20319?ref=riskmarketnews.com)

#### [Climate Central](http://www.climatecentral.org/news/hurricanes-boost-carbon-storage-forests-20319?ref=riskmarketnews.com)

Hurricanes hitting the Southeast coast can supercharge the region’s forests, spurring them to store more than 100 times the carbon released annually by all vehicles in the U.S.

### [Extreme Rainfall Doesn’t Always Mean Extreme Erosion, Study Finds.](http://phys.org/news/2016-05-extreme-rainfall-doesnt-erosion.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2016-05-extreme-rainfall-doesnt-erosion.html?ref=riskmarketnews.com)

While extreme rainfall events may at first lead to more flooding, river channels may rapidly increase their size to accommodate the flow.

## Risk Business: What You Need to Read Today

### [MetLife Takes Axe to Hedge Fund Portfolio](https://next.ft.com/content/4640081c-12d3-11e6-91da-096d89bd2173?ref=riskmarketnews.com)

#### [FT (sub may be required)](https://next.ft.com/content/4640081c-12d3-11e6-91da-096d89bd2173?ref=riskmarketnews.com)

Insurance group’s chief investment officer Steven Goulart says industry is ‘just too inconsistent’

### [Loeb’s Third Point Reinsurer Posts Fourth Loss in Two Years](http://www.bloomberg.com/news/articles/2016-05-05/loeb-s-third-point-reinsurer-posts-fourth-loss-in-seven-quarters?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-05-05/loeb-s-third-point-reinsurer-posts-fourth-loss-in-seven-quarters?ref=riskmarketnews.com)

“Despite challenging conditions in both the financial and reinsurance markets, we continue to believe in our total return model.”

### [Risk Transfer – and the Risks it Creates: a Prudential Regulatory Perspective](http://www.bankofengland.co.uk/publications/Documents/speeches/2016/speech903.pdf?ref=riskmarketnews.com)

#### [Bank of England (direct to PDF)](http://www.bankofengland.co.uk/publications/Documents/speeches/2016/speech903.pdf?ref=riskmarketnews.com)

A speech by the Bank of England’s Andrew Bulley on longevity risk transfer deals.

### [Fort McMurray Fire Latest in Alberta’s String of Expensive Disasters](http://www.cbc.ca/news/canada/calgary/alberta-fire-fort-mcmmurray-costly-disasters-1.3568156?ref=riskmarketnews.com)

#### [CBC](http://www.cbc.ca/news/canada/calgary/alberta-fire-fort-mcmmurray-costly-disasters-1.3568156?ref=riskmarketnews.com)

In the last decade, Albertans — and insurance companies operating in the province — have been hit hard by natural disasters.