Risk Science: What You Need to Read Today
Confidence In Oil Hub Security Shaken By Oklahoma Earthquakes
NPR
Oklahoma is on track to have a record year of earthquakes — more than 5,000 have already been recorded. And those quakes appear to endanger the very industry that created them.
State Sets Record Without Hurricane
Miami Herald
For the 10th year running, Florida dodged a hurricane, setting a new record, while the rest of the eastern seaboard escaped a hit by a major hurricane.
At Least 9 Dead as Storms and Ice Hammer Texas, Oklahoma, Kansas
USA Today
Ice storm warnings remained in effect Saturday for the Texas panhandle and Oklahoma.
IIT-M Develops Method to Track Cyclones Accurately
Economic Times
An Indian Institute of Technology-Madras team is developing a `data assimilation’ method that will combine numerical weather models with satellite and/or radar data to reduce errors in prediction of tropical cyclones.
Risk Business: What You Need to Read Today
Insurers to Launch Forum to Address EM Disasters
FT (sub may be required)
The Insurance Development Forum will be co-chaired by Stephen Catlin, deputy chairman of XL Catlin.
Insurers Face Big Bill from Brussels
The Sunday Times (Sub may be required)
British insurers are bracing for a financial crunch this week when the Bank of England governor Mark Carney may order them to raise billions of pounds of fresh capital.
German Insurance Watchdog Seeks Regulatory Calm After New Rules
Reuters
“We don’t need Solvency IV or Solvency III.”
Nippon Life Plans Japan’s Largest REIT as Investors Crave Yield
Bloomberg
Japan’s largest insurance company is looking to appeal to pension plans and big institutions by offering the prospect of higher returns.