Risk Science: What You Need to Read Today
Japan’s Future Typhoons: Disruptive, Deadly and Destructive
Japan Times
Trajectories of recent typhoons as a “banana curve route.”
Tropical Storms Can Strengthen Over Land But Be Careful With Brown Ocean Claims
Forbes
A significant number of storms can maintain or increase intensity overland globally.
Increasing Number of Summer Heat Waves in Israel, Study Finds
Haaretz
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’
LA Times
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
Bloomberg
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
Royal Gazette
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
The Australian
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
South China Morning Post
Many of the reinsurer’s estimated 50 staff in the city ‘will be offered positions’ elsewhere, says spokesman.
