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# November 10, 2016: $400 Billion at Risk in Florida, Modeling Heatwaves and Zurich's Work Continues
- URL: https://www.riskmarketnews.com/november-10-2016-400-billion-risk-florida-modeling-heatwaves-zurichs-work-continues/
- Published: 2016-11-10T07:01:20.000Z
- Updated: 2016-11-10T07:01:20.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [We’ve Learned a Lot About Heatwaves, But We’re Still Just Warming Up](http://theconversation.com/weve-learned-a-lot-about-heatwaves-but-were-still-just-warming-up-68174?ref=riskmarketnews.com)

#### [The Conversation](http://theconversation.com/weve-learned-a-lot-about-heatwaves-but-were-still-just-warming-up-68174?ref=riskmarketnews.com)

Heatwave trends have increased in the observational record, and, unfortunately, that they will continue to do so.

### [An Ancient Tsunami That Ended a Civilization Gets Another Look](http://www.nytimes.com/2016/11/10/science/santorini-akrotiri-tsunami.html?ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2016/11/10/science/santorini-akrotiri-tsunami.html?ref=riskmarketnews.com)

Pyroclastic flows, rather than a caldera collapse, destroyed an ancient culture.

### [Plasmids Shown to Play Key Role in Spread of Antibiotic Resistance](http://www.genengnews.com/gen-news-highlights/plasmids-shown-to-play-key-role-in-spread-of-antibiotic-resistance/81253411?ref=riskmarketnews.com)

#### [Genetic Engineering & Biotechnology New](http://www.genengnews.com/gen-news-highlights/plasmids-shown-to-play-key-role-in-spread-of-antibiotic-resistance/81253411?ref=riskmarketnews.com)

Researchers at the University of Oxford report that plasmids are one of the key culprits in spreading the major global health threat of antibiotic resistance.

### [What Will President Trump Mean for Science?](https://www.washingtonpost.com/news/speaking-of-science/wp/2016/11/09/what-will-president-trump-mean-for-science/?ref=riskmarketnews.com)

#### [Washington Post ](https://www.washingtonpost.com/news/speaking-of-science/wp/2016/11/09/what-will-president-trump-mean-for-science/?ref=riskmarketnews.com)

“The consequences are going to be very, very severe.”

## Risk Business: What You Need to Read Today

### [Zurich Insurance Sees More Work Ahead Despite Q3 Beat](http://www.reuters.com/article/zurich-ins-group-results-idUSL8N1DB14R?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/zurich-ins-group-results-idUSL8N1DB14R?ref=riskmarketnews.com)

Chief Financial Officer George Quinn said more work remained to achieve improvements targeted under new management.

### [PWC: Climate Change Puts Over $400 Billion Of Real Estate In Florida Alone At Risk](http://www.valuewalk.com/2016/11/climate-change-florida-dire/?ref=riskmarketnews.com)

#### [ValueWalk](http://www.valuewalk.com/2016/11/climate-change-florida-dire/?ref=riskmarketnews.com)

The impact in states such as Florida is expected to be dramatic, for instance, with nearly 934 million homes at risk of being underwater, impacting 12.56% of the housing stock and costing $413 billion.

### [Sydney’s Greatest Perils: Floods and Storms](http://www.smh.com.au/business/the-economy/risk-room/sydneys-greatest-perils-floods-and-storms-20161109-gslxrz.html?ref=riskmarketnews.com)

#### [Sydney Morning Herald](http://www.smh.com.au/business/the-economy/risk-room/sydneys-greatest-perils-floods-and-storms-20161109-gslxrz.html?ref=riskmarketnews.com)

Bushfires might dominate the summertime headlines but storms and flooding pose the biggest disaster risk to Sydney’s economy.

### [Hannover Re Says 1 Bln-Euro Annual Profit in Sight After Q3 Rise](http://www.dailymail.co.uk/wires/reuters/article-3922950/Hannover-Re-says-1-bln-euro-annual-profit-sight-Q3-rise.html?ref=riskmarketnews.com)

#### [Reuters via Daily Mail](http://www.dailymail.co.uk/wires/reuters/article-3922950/Hannover-Re-says-1-bln-euro-annual-profit-sight-Q3-rise.html?ref=riskmarketnews.com)

The world’s third largest reinsurer posted a 20 percent rise in third-quarter net profit to 304 million euros on Thursday due to strong results in both its reinsurance business and investments.