Hurricane Katrina
2 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Mar 4, 2019 by Tom Russo · said 4 times in 2 episodes since 2019 · across every show →
Mentions by year
brought up most by Tom Russo (2), Ted Seides (1), Daryn Dodson (1)
tap a year for its mentions
2020 2 mentions in 1 episode
2019 2 mentions in 1 episode
Everything said about Hurricane Katrina, oldest first
Mar 4, 2019 negative
Russo: Olympus Re collapsed after Hurricane Katrina from concentrated regional risk
“I remember after Katrina, where they survived with barely a nick relative to the kind of crushing consequences that even Jack Byrne suffered with White Mountains, and then they had something called Olympusry. And it was blown up. They aggregated too much risk …”
Mar 4, 2019 positive
Russo: Berkshire wrote post-Katrina reinsurance for one year then pulled back
“And Berkshire survived, and then they wrote the next year, and at premiums that were massively higher, and they wrote lucky, and so they kept all the premium, because it was an event-free year. And then they didn't write the next year”