Large losses drive the purchase of Commercial Umbrella coverage and the experience of CU insurers. Severity impacts umbrella business in two ways. Losses that would have been contained in the lower layer now penetrate the umbrella, and losses already reaching the umbrella may exhaust the layer. In both cases umbrella underwriters may get more loss than they bargained for. Keeping abreast of the latest industry developments and identifying any shifts in exposure or trend is crucial to managing overall profitability.

Commercial Umbrella FYI

Gen Re devotes substantial underwriting, actuarial and claim resources to your umbrella business. We draw lessons from our book of over $5 billion of inception to date umbrella premium and an extensive claim inventory dating back over 20 years. When new claims appear, or an umbrella wording does not survive legal challenge, we share our insights and solutions directly with our clients. Our publications, including CU Monitor and CU FYI, keep clients up to date on important developments. If we can help you or just tell you more about our Commercial Umbrella capabilities, contact Liz Kramer at 203 328 5778 or .

If you are interested in Personal Umbrella, another Gen Re area of expertise, click here.