September 8, 2016: Depressed Reinsurance Prices, Sinking New York and Lloyds' Fracking Win
1 min read

September 8, 2016: Depressed Reinsurance Prices, Sinking New York and Lloyds' Fracking Win

Risk Science: What You Need to Read Today

When Will New York City Sink?

New York Magazine

Even locals who believe climate change is real have a hard time grasping that their city will almost certainly be flooded beyond recognition.

Supercomputer to Boost Global Warming Data

MertiTalk

The National Center for Atmospheric Research (NCAR) selected Juniper Networks to provide infrastructure for a new supercomputer that will perform 5.34 quadrillion calculations per second.

Magnitudes for Oklahoma Earthquakes Shift Upward

USGS

The magnitude revision is based on further in-depth analysis of seismic recordings.

Uncharted: Exploring one of America’s Fastest Faults

USGS

A team of USGS scientists spent 10 days in the wilderness, exploring one of the fastest-moving faults in America.

Risk Business: What You Need to Read Today

Lloyd’s Wins Right to Fight in N.Y. Over Oklahoma Quake Coverage

Bloomberg

Lloyd’s of London has kept its lawsuit against New Dominion LLC over fracking out of the state where the ground is shaking.

Standard Chartered Hedge Funds Lawsuit Highlights Derivatives Risk

Institutional Investor

The British bank faces a lawsuit after underwriting a convertible bond deal that left investors with worthless stock.

Moody’s Sees Weak Reinsurance Prices Into 2018

Reuters

Reinsurance premiums could fall by up to 5 percent next year and may continue to weaken into 2018.

Public Officials Benefit Association to Invest $36.6 mn in Cat Bonds

Pulse (South Korea)

South Korea’s pension manager Public Officials Benefit Association together with other institutional investors such as pension service will invest 40 billion won  in catastrophe bonds.

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