Perspective

Our Perspective

  • How To Break the Snap and Stick Routine and Thrive in a World of Gray

    By Mo Tooker|October 23, 2014|English

    In my last blog discussing Gen Re’s work on decision biases, I shared how something called the fundamental attribution error inclines us to overweight the contribution that individual attitude and skill makes to our performance and underweight...

    Read More
  • Time To Get to Grips With ORSA

    By Janice Englesbe|October 16, 2014|English

    The effective date of the National Association of Insurance Commissioners’ (NAIC) Risk Management and ORSA model Act, January 1, 2015, is getting closer. As the name suggests, the Own Risk Solvency Assessment (ORSA) is an internal process whereby...

    Read More
  • Exploring the Subconscious and Habits: This Is Insurance, Right?

    By Mo Tooker|October 09, 2014|English

    As I shared in my earlier introductory blog, Gen Re is on a journey to explore the influence of biases in the decision making process, especially where it relates to underwriting. Like you, I’m an insurance decision maker - I’m not a neuroscientist....

    Read More
  • Rating Agencies Getting More Interested in Emerging Issues

    By Charlie Kingdollar |October 02, 2014|English

    Emerging Issues that can impact the Property/Casualty insurance industry can arise from a variety of circumstances including: - Scientific, technological and medical advances - Judicial decisions abrogating policy coverage defenses -...

    Read More
  • The Crucial Role of Reinsurance in Solvency II

    By Ralf Quick |September 25, 2014|English | Español

    No insurer in Europe can escape the grasp of the Solvency II project. A European Union directive, it is intended to make sure that insurance companies have sufficient capital set aside to cover all the claims they are likely to receive at a given risk...

    Read More
  • Let’s Not Underestimate The Human Element in Underwriting

    By Mo Tooker|September 22, 2014|English

    As modern risk professionals, we pride ourselves on making decisions that are informed by granular risk data, actuarial analysis and complex computer models. Yet, we have discovered that these quantitative elements unfortunately represent only half...

    Read More