Risk Market News (Page 78)

North Carolina Bill Pushes Post-Event Finance, Catastrophe Model Changes to Avoid Reinsurance

Legislation introduced last week in the North Carolina legislature would seek to alter the state’s residual pool to shift the focus away from reinsurance purchases to post-event bonding.

Mar 17, 2015 1 min read

March 17, 2015: First Tornado Forecast and Disasters Spoiling Development Gains

Risk Science: What You Need to Read Today Experimental Forecast Projects Tornado Season [http://www.climatecentral.org/news/experimental-forecast-projects-tornado-season-18780] Climate Central [http://www.climatecentral.org/

Mar 17, 2015 1 min read

World Bank Readying Pandemic Insurance Fund

The World Bank Group is moving ahead with a catastrophe insurance facility that would allow for rapid payouts to stricken countries similar to the programs targeting other natural hazards in

Mar 16, 2015 1 min read

March 16, 2015: Turning Up the Cyclone Dial to 6 and Banks Can't Buy Insurance Love

Risk Science: What You Need to Read Today A Cyclone Destroys a Nation [http://www.theatlantic.com/international/archive/2015/03/a-cyclone-destroys-a-nation/387820/] The Atlantic [http:

Mar 16, 2015 1 min read

March 13, 2015: Louisiana Citizens CEO Out, Insurance Rap and Bird Flu at Pandemic Tipping Point

Risk Science: What You Need to Read Today Predicting Which African Storms Will Intensify Into Hurricanes [http://phys.org/news/2015-03-african-storms-hurricanes.html] Phys.org [http://phys.

Mar 13, 2015 1 min read

March 12, 2015: Value Investing With Catastrophe Bonds and Vanuatu Braces for Generational Storm

Risk Science: What You Need to Read Today Rapid Coastal Population Growth May Leave Many Exposed to Sea-Level Rise [http://phys.org/news/2015-03-rapid-coastal-population-growth-

Mar 12, 2015 1 min read

March 11, 2015: California Quake Risk Intensifies, Canadian Catastrophe Fund May Come Up Short and a Flash Flood Model Breakthrough

Risk Science: What You Need to Read Today Risk of 8.0 Earthquake in California Rises, USGS Says [http://www.latimes.com/local/lanow/la-me-ln-chance-of-80-

Mar 11, 2015 1 min read

March 9, 2015: Florida Bans Climate Change (Except for Hurricanes and Floods), Hanover Suit Ready for Trial and the World's Riskiest Cities

Risk Science: What You Need to Read Today In Florida, Officials Ban Term ‘Climate Change’ [http://www.miamiherald.com/news/state/florida/article12983720.html] Miami Herald [http://www.miamiherald.com/

Mar 9, 2015 1 min read

March 6, 2015: Isle of Man Launches ILS Framework, 54 Million at Risk of Flood

Risk Science: What You Need to Read Today El Niño Finally Arrives But is Weaker Than Expected, Says US Agency [http://www.theguardian.com/environment/2015/mar/05/el-nino-

Mar 6, 2015 1 min read

March 5, 2015: Scor Will Sit It Out and Modeling the Zombie Apocalypse (Insert Zombie ILS Joke Here)

Risk Science: What You Need to Read Today Modelling The Zombie Apocalypse: Head for the Hills [http://news.yahoo.com/modelling-zombie-apocalypse-head-hills-232142299.html] AFP [http://news.

Mar 5, 2015 1 min read

When It Comes to Weather Losses, Persistence Is the Problem: Munich Re

Changes in the pattern of the jet stream are halting severe weather patterns for days, or even weeks, and increasing the likelihood that large loss events will occur, according to

Mar 4, 2015 2 min read

Florida Catastrophe Model Proposal Dialed Back

A proposal that would have allowed Florida property insurers to use multiple models when calculating a potential loss tied to a hurricane has been stripped out of legislation, but language

Mar 4, 2015 1 min read

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