September 6, 2016: Newton Hits Baja, Lloyd's Ready to Bolt and You Just Can't Enough ILS Assets

Risk Science: What You Need to Read Today

Hurricane Newton Reaches Mexico’s Baja California Sur

UPI

Hurricane Newton made landfall early Tuesday in Mexico’s southern Baja California, bringing with it the threat of flash floods and mudslides.

Disposal Wells’ Link to Oklahoma Earthquake Scrutinized

WSJ (sub may be required)

U.S. Geological Survey is looking into whether oil and gas companies’ underground wastewater disposal set off temblor.

Zero: The Number of New Zika Cases From the Rio Olympics

Vox

Researchers studying Zika and expert agencies like the World Health Organization insisted the fears were unfounded.

We Haven’t Seen Many Storms Like Hermine

FiveThirtyEight

Which is what makes its future harder to predict.

Risk Business: What You Need to Read Today

Storm Brewing Over Capacity Constraints on Reinsurance

Pensions & Investments

The capacity issue for ILS is the result of difficult investing conditions in the reinsurance markets.

Quake Insurance Available in Oklahoma, but Market Under Scrutiny

Tulsa World

Oklahoma’s market for earthquake insurance has drawn criticism and extra attention from state officials in recent months.

Fiat’s Elkann Says Talks for Marelli Partner Include Samsung

Bloomberg

“Samsung has important interests in the insurance business and, as we own the re-insurer PartnerRe, there are several possible commercial ties.”

Lloyd’s of London Would Move Some Business to EU Without Single Market Access – Chairman

Reuters

“If we do not get access to the EU single market, what will happen is that business will be written by us and others onshore in the EU.”


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