From Sandy to 'ART': A Look Back At Insurance In 2012

Law360, New York (January 2, 2013, 12:53 PM EST) -- As we look into our crystal ball to predict what will happen to the insurance and reinsurance industry in 2013, we should first look back and try to make some sense of what happened in 2012.

Superstorm Sandy

While there were catastrophes during the first several months of 2012, including the sinking of the Costa Concordia, floods in China and Japan and tornadoes and wildfires in the United States, cat losses were relatively moderate compared to prior years. There were, however, 19 named storms during the hurricane season, making the season the third most active since 1851. The season ended in...

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