November 30, 2016: TRIP'ing Cyber Catastrophe Cover and Lengthening the Hurricane Season
Risk Science: What You Need to Read Today
Analysis: Atlantic Hurricane Season is Growing Longer
The hurricane season has in fact grown longer since 1979.
Alabama Tornado Slams Church and Daycare Center; Weather Kills 5
The band of storms stretched from the coast of Louisiana, across Mississippi and Alabama and into Georgia.
Drought-Fueled Wildfire ‘Apocalypse’ Hits Tennessee
The unusually mild and dry summer and fall in the lower 48 states, in particular, has played a role in priming the Southeast for wildfires.
Can Space Tech Help Measure the Weather?
An increasing number of observations is important to drive the mathematical models used in weather forecasting.
Risk Business: What You Need to Read Today
Creating a Federally Sponsored Cyber Insurance Program
Council on Foreign Relations
TRIP could be expanded to cover cyber events and renamed to allow for coverage of all catastrophic cyberattacks.
Passporting “Vital” for Insurers After Brexit – Trade Body
Insurers are reliant on so-called passporting rights to sell insurance policies throughout the European Union.
A Cat Bond for the Pacific Alliance?
BNA Americas (sub may be required)
Peru, Chile, Colombia and Mexico – members of the Pacific Alliance – are interested in developing a catastrophe bond.
Kaikoura Earthquake to cost Govt up to $3B, says Treasury
New Zealand Herald
Some of this total would be covered by insurance or existing resources.
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