September 2, 2016: Trading On Hurricanes For Fun and Profit, Insuring Rockets for a Loss and Two Quakes for the Price of One
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September 2, 2016: Trading On Hurricanes For Fun and Profit, Insuring Rockets for a Loss and Two Quakes for the Price of One

Risk Science: What You Need to Read Today

Hermine Is 1st Hurricane to Make Landfall in Florida Since 2005

Bloomberg

“Bottom line is that there will be some flooding along the path of the storm that will cause damage.”

Putting Shots in the Locker

The Economist

How to anticipate epidemics.

The Science Behind Hawaii’s Double Hurricane

Smithsonian

Having two cyclones in the ocean is not rare, but when they get too close to each other things can get crazy.

Big Shake Was Complex and May Have Been Two Earthquakes

NZ Stuff

Scientists are investigating the possibility Friday’s big shake off the East Cape of New Zealand may have been two earthquakes.

Risk Business: What You Need to Read Today

The Wall Street Guide to Making Money on Hurricane Season

Yahoo Finance

As the Atlantic hurricane season comes to its peak, Barclays’ Jay Gelb believes traders can make some money trading the insurers.

Citizens ‘Takeout’ Focus Shifts to Riskier Coastal Properties

Sun Sentinel 

Efforts to shrink state-run Citizens continue, even though the state-run “insurer of last resort” is about one-third as large as it was in 2012.

When a Commercial Rocket Blows Up, Who Pays?

Bloomberg

The latest SpaceX disaster shows how insurers take a big risk covering pricey payloads perched on top of a bomb.

The FT’s City List: Inga Beale

FT (sub may be required)

As CEO of Lloyd’s of London, Inga Beale has focused on modernising the 328-year-old institution, embracing technology and diluting its traditional boys’ club culture.

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