Hurricane Katrina

This Christmas, probably the best way to make a reinsurer spit out his drink at a party is to utter just one word: Katrina.This hurricane started life as a tropical depression over the southern Bahamas on 23 August and swiftly grew to hurricane strength within two days. On the same day it was upgraded to a hurricane-strength, it made landfall on the coast of southern Florida, weakening as it crossed the state.Initial forecasts predicted that Katrina would regain strength in the Gulf of Mexic