Catastrophe Insurance

Filed Under »
Dictionary Says

Definition of 'Catastrophe Insurance'

Insurance to protect businesses and residences against natural disasters such as earthquakes, floods and hurricanes, and against man-made disasters such as terrorist attacks. These low-probability, high-cost events are generally excluded from standard hazard insurance policies, and so catastrophe insurance is required.
Investopedia Says

Investopedia explains 'Catastrophe Insurance'

Catastrophe insurance is different from other types of insurance in that it is difficult to estimate the total potential cost of an insured loss and a catastrophic event results in an extremely large number of claims being filed at the same time. This makes it difficult for catastrophe insurance issuers to effectively manage risk. Reinsurance and retrocession are used along with catastrophe insurance to manage catastrophe risk.
Search results for

'Catastrophe Insurance'

  • Insurers Hit By Catastrophe Losses

    http://stocks.investopedia.com/stock-analysis/2011/Insurers-Hit-By-Catastrophe-Losses-ACE-PRE-XL-RNR-RE0322.aspx
    ... Insurers Hit By Catastrophe Losses. Posted: Mar 22, 2011 08:54 AM by Eric Fox. ... Insurance
    companies have started releasing preliminary estimates of losses due to ...
  • Event-Linked Bonds: Competing Against A Catastrophe

    http://www.investopedia.com/articles/bonds/08/event-linked-bonds.asp
    ... fact, that's why investors often refer to these bonds as catastrophe bonds (CAT).
    These bonds came on the scene in the mid-1990s, as insurance and reinsurance ...
  • 5 Reinsurance Stocks To Watch

    http://stocks.investopedia.com/stock-analysis/2011/5-Reinsurance-Stocks-To-Watch-RE-RNR-PRE-MRH-WTM1020.aspx
    ... This is well below the historical long-term average of 120 to 130%. The industry
    is also seeing rising rates for catastrophe insurance. ...
  • The Deep Value Play In Reinsurance Stocks

    http://stocks.investopedia.com/stock-analysis/2011/The-Deep-Value-Play-In-Reinsurance-Stocks-KIE-RE-PRE-RNR-BRK-B-WTM0915.aspx
    ... This is well below the historical long-term average of 120 to 130%. The industry
    is also seeing rising rates for catastrophe insurance. ...
  • 5 Reinsurance Stocks To Watch

    http://stocks.investopedia.com/stock-analysis/2011/5-Reinsurance-Stocks-To-Watch-RE-RNR-PRE-MRH-WTM1228.aspx
    ... This was well below the historical long-term average of 120 to 130%. The industry
    is also seeing rising rates for catastrophe insurance. ...
  • 5 Reinsurance Stocks To Watch

    http://stocks.investopedia.com/stock-analysis/2012/5-Reinsurance-Stocks-To-Watch-RE-RNR-PRE-MRH0131.aspx
    ... This was well below the historical long-term average of 120 to 130%. The industry
    is also seeing rising rates for catastrophe insurance. ...
  • Find Secure And Affordable Post-Work Health Insurance

    http://www.investopedia.com/articles/retirement/07/retirement_healthcare.asp
    ... Fortunately, pre-Medicare individuals without good employer health insurance
    do stand a reasonable chance of avoiding financial catastrophe. ...
  • What is a "force majeure"?

    http://www.investopedia.com/ask/answers/09/force-majeure.asp
    ... Under ยป Casualty Insurance, Health Insurance, Insurance, Life Insurance, Property
    Insurance. ... force" and refers to any natural and unavoidable catastrophe. ...
  • 9 Things You Need To Know About Homeowners' Associations

    http://www.investopedia.com/articles/mortgages-real-estate/08/homeowners-associations-tips.asp
    ... 8. Find out what kind of catastrophe insurance the HOA has on the building This
    is particularly important if you're considering a condo or townhouse purchase ...
  • What is multiline insurance?

    http://www.investopedia.com/ask/answers/08/multiline-insurance.asp
    ... Some insurance companies prefer this policy type because it allows them to reduce
    risk ... helps them avoid a huge financial burden in the event of a catastrophe. ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links