Can you believe it's been a decade since Hurricane Katrina?
This disaster left its mark as the costliest hurricane to make landfall in the US. It was also the costliest disaster in the history of insurance, with almost $80 billion (2015 USD) in insured losses.
Beyond the losses, Katrina left an indelible imprint on our industry. It forever changed the way both insurers and the insureds view risk management, property, liability claims, as well as emergency preparedness efforts. Take a quick look at our Katrina facts & figures infographic.
Where do we go from here? We've gathered our experts to explore lessons learned, and where we stand should a similar event occur today.
In 10 Years after Hurricane Katrina, we examine how Katrina changed the way we view exposure concentration, catastrophe modeling, and how prepared we are for similar events today.
Our Open Minds blogs look at:
- What the financial insolvency of the NFIP means for the future of flood insurance
- How Katrina started the "urban resilience" discussion
- On the ground observations
- The impact of Katrina on the climate change debate
- How social media is affecting disaster preparedness and response efforts
It's taken time to address the problems posed by natural catastrophes like Katrina, and there is still some way to go. But we're making some good progress, and I'm excited about what's to come.
Head US P&C, Swiss Re
In our ongoing efforts to improve the quality and relevance of our publications, we would like to know more about you.
Subscribe To RSS
Subscribe to Newsletters
(Swiss Re Institute) Risk Dialogue Magazine
The Risk Dialogue Magazine is a newsletter exploring future risk topics, featuring multimedia articles from the Swiss Re Institute's events and insights from our global network of experts.
Our sigma publication series provides comprehensive information on the international insurance markets and analyses of economic trends and strategic issues in re/insurance and financial services.
Swiss Re Publications
Our publications share our expertise on issues of concern to our clients, the re/insurance industry and society - from food, health, longevity and financial security to managing climate and natural disaster risk.