Risk, Re-/Insurance and Future Thinking
From the category archives:
Infectious prions–the things that cause BSE–can not only jump species barriers, but can also create new, potentially harmful prions in the infected host.
That is the finding of recent research at the University of Texas Medical Branch in Galveston.
Nature reports that
>Generally, prions are limited to a specific host and a few related species. But prions sometimes [...]
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Excellent LRB article this week from Michael Kare, “professor of peace and world security studies at Hampshire College”[1] all about the world’s continuing, in fact growing dependence on oil – “the International Energy Agency (IEA) predicts that global consumption will rise from 86.9 million barrels a day in 2008 to 94.1 million in 2013.”
Professor Kare [...]
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A suitably alarmist headline for a blog post, and well in the tradition of lawyers (and insurers) doom-mongering so that you will buy their services…
However, there is some evidence that GM foods may be less than beneficial to one’s health:
Research by the Russian Academy of Sciences released in December 2005 found that more than half [...]
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National Geographic have published a list of the ten most polluted sites in the world. China, India and the former Soviet Union seem to be over-represented.
Places you wouldn’t want to live. Or insure.
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Oooh, this new film looks like a must-see for reinsurers everywhere, but more especially piquant for those who live or work in London.
A raging storm builds high seas which gather and surge over the Thames barrier, drowning London. Politicos despair, people drown, and plucky (and doubtless gorgeous, pouting) scientists must scamper about to save the [...]
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Interesting that Allianz have issued a flood bond, principally to bet against the chances of a huge flood washing away much of London’s financial and associated infrastructure along the Thames.
This one is for $150m and would protect Allianz from the wave [sorry] of claims that it expects would hit it in the event of such [...]
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Ah, how nice to know that it’s all a storm in a teacup. And this from a Qualified Expert.
> Chrysler’s chief economist Van Jolissaint has launched a fierce attack on “quasi-hysterical Europeans” and their “Chicken Little” attitudes to global warming.
And according to Mr Jolissaint, “global warming [is] a far-off risk whose magnitude [is] uncertain”.
Now [...]
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Here’s a cheery article from the Telegraph about the effects on London of a 1m rise in water level. Apart from the rather obvious conclusion that it would be “very bad news” for London to have such a rise, the report quotes “a leading climate expert” as saying that:
>In some areas insurance cover might [...]
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And apparently it’s going to come true.
2006 was the warmest year on record in the UK, according to the Met Office, with temperatures 1.1C (2F) above the norm for the period 1971-2000, but globally 2007 is to be even warmer.
An extended El Nino event is set to push temperatures to record highs.
According to the Met [...]
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OK, this is not really reinsurance related (save in the vaguest sense that it’s a bit risky and no doubt there’s a bucketload of RI protecting this one), but it’s such a lovely, indeed awesome (not in the American kid sense) shot that I thought I had to put it up.
Absolutely beautiful and “was God [...]
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