And no one hospital or doctor could ever bear the costs of a catastrophic event.

If these plans become reality, some good may yet come out of that catastrophic event.

Next year's business plan, he said, "doesn't include catastrophic events, but as we just saw, things could happen."

"We haven't had any catastrophic events," the chief said in an interview today.

You are right in saying every catastrophic event is different.

I knew it was a catastrophic event from the beginning.

Some people believe catastrophic events like this one are signs the end of the world is near.

"There was a general change in thinking about catastrophic events," he said.

It may be too soon to tell whether the catastrophic events are in fact under way.

"Who are you going to turn to when there is a catastrophic event?"