Catastrophe & Restoration

While the entire year’s results are not in yet, the insurance industry should show significant financial gains for 2010 and its performance will be the best it has experienced since the beginning of the financial crisis, said an industry observer.

This past Atlantic hurricane season was one of the busiest on record, but the extremely active season was a 'gentle giant' for the U.S.

An ice storm can cause a lot of damage, and so can the water when the ice starts to melt.

Catastrophe management is nothing less than the true test of the insurer's capacity to marshal resources to fulfill the promise that a policy implies.

The United States continued to be a source of insured catastrophe losses this year despite avoiding a hurricane landfall.

The lack of hurricanes making U.S. landfall this season is credit positive for reinsurers, according to Moody's Investors Service, as 2010 experienced worldwide natural catastrophe losses about in line with the average over the last 20 years.