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# November 25, 2016: Wildfires as Terrorism Risk, Escaping Real Estate Catastrophe in the Coast and Quake Geometry
- URL: https://www.riskmarketnews.com/november-25-2016-wildfires-terrorism-risk-escaping-real-estate-catastrophe-coast-quake-geometry/
- Published: 2016-11-25T07:52:27.000Z
- Updated: 2016-11-25T07:52:27.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Wildfires Tear Across Israel, Netanyahu Calls Arsonists ‘Terrorists’](http://mobile.reuters.com/article/newsOne/idUSKBN13J0YJ?ref=riskmarketnews.com)

#### [Reuters](http://mobile.reuters.com/article/newsOne/idUSKBN13J0YJ?ref=riskmarketnews.com)

Internal Security Minister Gilad Erdan referred to “arson terrorism” and said there had been a small number of arrests.

### [Lloyds Builds on Met Office Extreme Weather Event Research](http://www.metoffice.gov.uk/news/releases/2016/lloyds-teleconnections-report?ref=riskmarketnews.com)

#### [Met Office](http://www.metoffice.gov.uk/news/releases/2016/lloyds-teleconnections-report?ref=riskmarketnews.com)

Lloyd’s has published a new study that supports the case that extreme weather events can be modelled as “independent” by global reinsurers when assessing many of their key aggregate risks around the world.

### [7-magnitude Quake Strikes Near El Salvador as Hurricane Otto Makes Landfall](https://www.theguardian.com/world/2016/nov/24/tsunami-warning-after-72-magnitude-quake-off-el-salvador-coast?ref=riskmarketnews.com)

#### [The Guardian](https://www.theguardian.com/world/2016/nov/24/tsunami-warning-after-72-magnitude-quake-off-el-salvador-coast?ref=riskmarketnews.com)

Shallow quake briefly sparks tsunami alert for coastal areas as tremors rock region already hit by hurricane Otto.

### [Mega-Earthquakes Occur In Regions Where Faults Are Flat](http://www.ibtimes.com/mega-earthquakes-occur-regions-where-faults-are-flat-2451110?ref=riskmarketnews.com)

#### [International Business Times](http://www.ibtimes.com/mega-earthquakes-occur-regions-where-faults-are-flat-2451110?ref=riskmarketnews.com)

The geometry of faults at subduction zones plays a key role in determining the intensity of earthquakes, a new study has revealed.

## Risk Business: What You Need to Read Today

### [London Set to Take a Slice of Catastrophe Bonds Market](http://www.standard.co.uk/business/london-set-to-take-a-slice-of-catastrophe-bonds-market-a3403991.html?ref=riskmarketnews.com)

#### [Telegraph](http://www.standard.co.uk/business/london-set-to-take-a-slice-of-catastrophe-bonds-market-a3403991.html?ref=riskmarketnews.com)

The UK staked its claim to the burgeoning catastrophe bonds market with new rules allowing them to be sold from here for the first time.

### [As Haifa Burns, Insurers Refrain From Selling Policies](http://www.haaretz.com/israel-news/business/.premium-1.755292?ref=riskmarketnews.com)

#### [Daily Haaretz](http://www.haaretz.com/israel-news/business/.premium-1.755292?ref=riskmarketnews.com)

Homeowners scramble to buy coverage as flames spread across Israel.

### [Perils of Climate Change Could Swamp Coastal Real Estate](http:// http://www.nytimes.com/2016/11/24/science/global-warming-coastal-real-estate.html?%5Fr=0)

#### [New York Times](http:// http://www.nytimes.com/2016/11/24/science/global-warming-coastal-real-estate.html?%5Fr=0)

Homeowners are slowly growing wary of buying property in the areas most at risk, setting up a potential economic time bomb in an industry that is struggling to adapt.

### [Hedge Fund Hidden in Biggest Norway Life Insurer Shorting Euro](http://www.bloomberg.com/news/articles/2016-11-24/hedge-fund-hidden-in-biggest-norway-life-insurer-shorting-euro?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-11-24/hedge-fund-hidden-in-biggest-norway-life-insurer-shorting-euro?ref=riskmarketnews.com)

KLP Kapitalforvaltning AS is shorting the euro against the pound and also betting Europe’s single currency will fall against the Norwegian krone and the Swedish krona.