RMS: Global Ebola Pandemic Highly Unlikely

To those who worry about the risk of a global Ebola pandemic, catastrophe modeler RMS is essentially saying, "relax." In a new blog entry on the company's web site, RMS acknowledged that the World ...

Subterranean Reservoir Meets Tokyo Typhoon Threat

Below the condos and boutiques of Tokyo's upscale Minato ward -- which includes Roppongi Hills, home to Goldman Sachs Group's Japan headquarters -- a boring machine has carved out the city's newest ...

Florida’s Hurricane Cat Bonds Enjoy Robust Boom

In 2008, Florida's government-run property insurer paid Warren Buffett $224 million to agree to buy its debt if a major storm struck. Six hurricane-free years later, the state is turning investors ...