Risk Science: What You Need to Read Today
Hurricane Risk to Northeast USA Coast Increasing, Research Warns
Phys.org
The Northeastern coast of the USA could be struck by more frequent and more powerful hurricanes in the future due to shifting weather patterns
Siberian Snow Theory Points to an Early and Cold Winter in U.S.
Bloomberg
The father of the “Siberian Snow Theory” suggests this winter will be long and cold.
Tsunami Among Highest Since ’11 Disaster
Japan News
According to an expert, the tsunami generated were not high given the scale of the earthquake.
‘Otto’ Could Be First Hurricane to Make Landfall in Costa Rica Since at Least 1851
Washington Post
“These are startling locations for tropical cyclone advisories–understandably so.”
Risk Business: What You Need to Read Today
Risk Accumulating
South China Morning Post
The acquisitive appetite of China’s companies by overseas insurance companies will remain strong, despite rising uncertainty and volatile market conditions.
Bermuda Stakes Claim as ILS Hub
Opalesque
Bermuda has taken over as the primary hub for insurance linked securities.
AIG Joins List of Finance Firms Looking at Moving Some UK Operations
Reuters
AIG joins a growing list of finance industry companies that have said they may have to shift some operations to continental Europe to maintain links to customers after Brexit.
BSX and CISE Sign Cooperation Agreement
Institutional Asset Manager
The Bermuda Stock Exchange and the Channel Islands Securities Exchange have signed a memorandum of understanding (MoU) to explore the opportunities offered by working closer together.