Definition of Catastrophe Loss:
The definition of Catastrophe Loss is: Disaster damage is a very serious and random loss. In other words, there is something very destructive and unexpected. Therefore, it is very difficult to prepare without insurance. Disaster insurance is available to protect individuals and businesses from major financial losses in the event of a major disaster.
Huge damage with little predictive power.
Literal Meanings of Catastrophe Loss
Meanings of Catastrophe:
An event that causes major and often sudden or catastrophic damage.
Sentences of Catastrophe
National economic catastrophe
Synonyms of Catastrophe
crisis, tragedy, calamity, cataclysm, shock, ruination, holocaust, disaster, ruin, blow
Meanings of Loss:
The fact or action of losing someone else.
Sentences of Loss
Don't waste your time
Synonyms of Loss
forgetting, overlooking, mislaying, misplacement, dropping