October 14, 2014
1 min read

October 14, 2014

Risk Science: What You Need to Read Today

Science Could Inform UN’s Loss and Damage Mechanism

SciDevNet

A range of improvements in climate modeling means that scientists can say with an increasing certainty if and how extreme weather at specific locations is affected by climate change.

Powerful Earthquake Strikes off El Salvador, One Dead

Reuters

El Salvador’s emergency services said a dozen homes in the department of Usulutan had been slightly damaged.

Hurricane Watch Issued for Puerto Rico as Gonzalo Nears

USA Today

It is the seventh named storm of the 2014 Atlantic hurricane season.

Pentagon Warns Climate Change Will Intensify Conflict

Bloomberg

Natural disasters from climate change will intensify global instability, disease, poverty and conflict, according to the U.S. Defense Department.

 

Risk Business: What You Need to Read Today

San Francisco Quake Risk Rises Amid Dearth of Insurance

Bloomberg

A worst-case, magnitude 7.9 earthquake could cause losses of more than $200 billion.

Ten Challenges for Global Insurance Regulation

Global Economic Forum

The Financial Stability Board has completed its framework for the regulation of systemically important banks , and is now turning to the insurance industry.

G20 Watchdog Toughens Up New Rule for Securities Financing

Reuters

Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares.

What About Ebola’s Impact on Insurers?

Moneywatch

What about health care and life insurance costs if the disease were to become widespread in the U.S.?

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