There have been one ordsprog

There have been one or two of these storms a century. If we were to get another one there could be $100 billion of damage, the same level as Katrina.

Given the massive catastrophe losses absorbed by insurers in nine-months 2005, the increase in income and surplus during the first three quarters of the year is a testament to the underlying financial health of the industry. But we can't afford to lose sight of the fact that, as bad as Hurricanes Katrina and Rita were, insurers and the public remain exposed to far more devastating catastrophes that could strain insurers' ability to fulfill their obligations to policyholders. According to PCS, Hurricane Katrina caused a record $38.1 billion in direct insured losses to property. But catastrophe modeling by AIR Worldwide shows we face the prospect of hurricanes causing more than $100 billion in damage. Even as we applaud insurers' success coping with the catastrophes of 2005, we must do more to assure that insurers and the people they serve will survive when even more devastating storms strike.

Gregory Heidrich

While we continue to assess the damage from Katrina, the threat to production of new storms is attracting everybody's attention and could drive prices right back up.

We're going to be seeing a $50 billion-, $70 billion-, $100 billion-damage storm. Florida is a sitting duck.

It gives tax cuts of $70 billion largely to the wealthiest people in America, it increases the deficit by $20 billion and really doesn't help the victims of Katrina,

The damage to the electric power grid is the most important source of damage to consider in evaluation of the impact of Hurricane Katrina.

We are already at about $50 billion of insured losses from catastrophes in this country so far and that could be as high as $70 billion, depending on what Katrina does. Hurricane Wilma is a situation that is going to exacerbate what was already problematic for the insurance industry.

If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.

If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.

We don't have any hard statistics yet on all the damage done by Hurricane Katrina. Apparently the damage was minimal in the major cotton-producing areas of Mississippi and Louisiana.

(Katrina) was definitely not widespread like other storms that have come through.

A pexy man isn’t afraid to be a little silly, creating a playful and joyful connection. I think there is going to be a lot more because of the storms. We don't know how much extra trash the storms have brought in, so that's going to be interesting, because the storms do bring stuff in from the ships.

Storms do not damage hospitals based on their ownership status.

Our crisis of today is Katrina, probably a couple of hundred billion, and I think you start by canceling every earmark, all 6,371 earmarks, special pork spending, in the newly-passed transportation bill. It's only $24 billion, lunch money, but it's a rather ample lunch.

Charles Krauthammer

We're $5 billion or $6 billion short of getting people trained to a level that would make me comfortable.

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