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# September 26, 2016: Insurers Say Cash is King, Hurricanes Energize Over Brown Oceans and a Date-Driven Reinsurance Market
- URL: https://www.riskmarketnews.com/september-26-2016-insurers-say-cash-king-hurricanes-energize-brown-oceans-date-driven-reinsurance-market/
- Published: 2016-09-26T08:42:44.000Z
- Updated: 2016-09-26T08:42:44.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Japan’s Future Typhoons: Disruptive, Deadly and Destructive](http://www.japantimes.co.jp/news/2016/09/24/national/media-national/japans-future-typhoons-disruptive-deadly-destructive/?ref=riskmarketnews.com#.V-kT1qN-KRs)

#### [Japan Times](http://www.japantimes.co.jp/news/2016/09/24/national/media-national/japans-future-typhoons-disruptive-deadly-destructive/?ref=riskmarketnews.com#.V-kT1qN-KRs)

Trajectories of recent typhoons as a “banana curve route.”

### [Tropical Storms Can Strengthen Over Land But Be Careful With Brown Ocean Claims](http://www.forbes.com/sites/marshallshepherd/2016/09/24/tropical-storms-can-strengthen-over-land-but-be-careful-with-brown-ocean-claims/?ref=riskmarketnews.com#6c13780b8ac7)

#### [Forbes](http://www.forbes.com/sites/marshallshepherd/2016/09/24/tropical-storms-can-strengthen-over-land-but-be-careful-with-brown-ocean-claims/?ref=riskmarketnews.com#6c13780b8ac7)

A significant number of storms can maintain or increase intensity overland globally.

### [Increasing Number of Summer Heat Waves in Israel, Study Finds](http://www.haaretz.com/israel-news/.premium-1.744048?ref=riskmarketnews.com)

#### [Haaretz](http://www.haaretz.com/israel-news/.premium-1.744048?ref=riskmarketnews.com)

Meteorological Service says period between heat waves is now every 6 to 6.5 days, up from every 8 to 9 days between 1950-1980.

### [‘I’d Say the Tinder Box Would be Southern California Itself’](http://www.latimes.com/local/lanow/la-me-ln-weather-20160925-snap-story.html?ref=riskmarketnews.com)

#### [LA Times](http://www.latimes.com/local/lanow/la-me-ln-weather-20160925-snap-story.html?ref=riskmarketnews.com)

Soaring temps increase risk of wildfires through Monday

## Risk Business: What You Need to Read Today

### [Insurers Boosting Cash as Credit Worries Build, BlackRock Says](http://www.bloomberg.com/news/articles/2016-09-26/insurers-boosting-cash-as-credit-worries-build-blackrock-says?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-09-26/insurers-boosting-cash-as-credit-worries-build-blackrock-says?ref=riskmarketnews.com)

Insurers expect to slow purchases of high-grade corporate debt and hold more cash over the next two years, potentially squeezing already low returns,

### [Reardon: Reinsurance Ready to Transform](http://www.royalgazette.com/re-insurance/article/20160926/reardon-reinsurance-ready-to-transform?ref=riskmarketnews.com)

#### [Royal Gazette ](http://www.royalgazette.com/re-insurance/article/20160926/reardon-reinsurance-ready-to-transform?ref=riskmarketnews.com)

The CEO of Hamilton Re thinks reinsurance industry is ready to transform into a more efficient and data-driven industry.

### [NSW Floods: Insurance Council Declares Damage in Forbes a Catastrophe](http://www.theaustralian.com.au/news/nation/nsw-floods-swamped-in-days-but-years-to-recover/news-story/6a1ae3243b2efbaade7abc966f2e9d03?ref=riskmarketnews.com)

#### [The Australian](http://www.theaustralian.com.au/news/nation/nsw-floods-swamped-in-days-but-years-to-recover/news-story/6a1ae3243b2efbaade7abc966f2e9d03?ref=riskmarketnews.com)

Damage from the disaster is likely to cost local businesses owners and residents tens of millions of dollars.

### [Munich Re Scaling Back Hong Kong Presence as Part of Regional Revamp Which Sees Expansions in Beijing, Singapore](http://www.scmp.com/business/companies/article/2022446/munich-re-scaling-back-hong-kong-presence-part-regional-revamp?ref=riskmarketnews.com)

#### [South China Morning Post](http://www.scmp.com/business/companies/article/2022446/munich-re-scaling-back-hong-kong-presence-part-regional-revamp?ref=riskmarketnews.com)

Many of the reinsurer’s estimated 50 staff in the city ‘will be offered positions’ elsewhere, says spokesman.