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# November 11, 2016: P/C Insurers in Glee Over Trump, Megatrust Project Funded and a new Venture Backed Underwriting Platform
- URL: https://www.riskmarketnews.com/november-11-2016-pc-insures-glee-trump-megatrust-project-funded-new-venture-backed-underwriting-platform/
- Published: 2016-11-11T07:06:45.000Z
- Updated: 2016-11-11T07:07:42.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Earthquake Mega-Thrust Study Gets Boost from Rutherford Discovery Fellowship](http://www.stuff.co.nz/environment/86365062/earthquake-megathrust-study-gets-boost-from-rutherford-discovery-fellowship?ref=riskmarketnews.com)

#### [Suff.nz](http://www.stuff.co.nz/environment/86365062/earthquake-megathrust-study-gets-boost-from-rutherford-discovery-fellowship?ref=riskmarketnews.com)

Scientists believe it’s only a matter of time until a mega-thrust earthquake hits the North Island’s east coast, and one seismologist is racing to understand what this would mean.

### [How Lightning Strikes Can Improve Storm Forecasts](http://www.washington.edu/news/2016/11/10/how-lightning-strikes-can-improve-storm-forecasts/?ref=riskmarketnews.com)

#### [University of Washington](http://www.washington.edu/news/2016/11/10/how-lightning-strikes-can-improve-storm-forecasts/?ref=riskmarketnews.com)

Lightning strike information has recently been introduced into weather prediction, and a UW study shows ways to apply it in storm forecasts.

### [The Nation Faces Vitally Important Weather Challenges as Political Power Transitions](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/11/10/the-nation-faces-vitally-important-weather-challenges-as-political-power-transitions/?ref=riskmarketnews.com)

#### [Washington Post](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/11/10/the-nation-faces-vitally-important-weather-challenges-as-political-power-transitions/?ref=riskmarketnews.com)

The nation’s weather-climate physical and intellectual infrastructure must remain strong and be taken to new heights.

### [TechEd: Bird’s Eye View of The Earth](http://www.insidesap.com.au/teched-birds-eye-view-of-the-earth/?ref=riskmarketnews.com)

#### [InsideSAP](http://www.insidesap.com.au/teched-birds-eye-view-of-the-earth/?ref=riskmarketnews.com)

SAP has partnered with the European Space Agency to create the Earth Observation Analysis service.

## Risk Business: What You Need to Read Today

### [Allianz Profit Rises 36%; Pimco Has First Inflows Since 2013](http://www.bloomberg.com/news/articles/2016-11-11/allianz-third-quarter-profit-rises-36-on-life-and-health-unit?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-11-11/allianz-third-quarter-profit-rises-36-on-life-and-health-unit?ref=riskmarketnews.com)

Europe’s biggest insurer said third-quarter profit rose 36 percent, helped by higher earnings at the life and health insurance unit.

### [Insurance CEOs Welcome Chance Of Less Regulation Under Trump](http://www.courant.com/business/connecticut-insurance/hc-insurance-capital-summit-20161110-story.html?ref=riskmarketnews.com)

#### [Hartford Courant](http://www.courant.com/business/connecticut-insurance/hc-insurance-capital-summit-20161110-story.html?ref=riskmarketnews.com)

With Donald Trump’s win in the presidential race, insurers are looking forward to the possibility of lower corporate income taxes and less regulation.

### [Cape Analytics Raises $14 Million to Use Computer Vision for Better Insurance Quotes](http://venturebeat.com/2016/11/10/cape-analytics-raises-14-million-to-use-computer-vision-for-better-insurance-quotes/?ref=riskmarketnews.com)

#### [Venture Beat](http://venturebeat.com/2016/11/10/cape-analytics-raises-14-million-to-use-computer-vision-for-better-insurance-quotes/?ref=riskmarketnews.com)

Cape Analytics has raised $14 million to use computer vision and machine learning to improve automated property underwriting for insurance companies.

### [China Says May Relax Foreign Ownership Controls on Financial Firms – Statement](http://uk.reuters.com/article/uk-china-jointventures-idUKKBN1360NS?ref=riskmarketnews.com)

#### [Reuters](http://uk.reuters.com/article/uk-china-jointventures-idUKKBN1360NS?ref=riskmarketnews.com)

China may allow foreign investors to hold controlling stakes in mainland securities, fund management and insurance companies.