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Property, Engineering, Marine

With Gen Re’s full range of products and highly trained specialists, you’ll find the reinsurance solution that’s right for you.

We offer Treaty and Facultative (Individual Risk and Program) reinsurance solutions for a broad range of Property exposures and coverages including:

Commercial Property, Personal Lines, Engineering, Agriculture, Marine, Boiler & Machinery, Machinery/Equipment Breakdown, and Natural Catastrophe perils. Our solutions can reduce volatility in your books and protect your company’s balance sheet. As a direct reinsurer, we underwrite and assess risk alongside you, sharing expertise and technical knowledge – all with the goal of helping you meet your reinsurance and business objectives.

Property

Property

The risks in the commercial and industrial sectors are manifold and are characterized by rapid technological changes. Our Property reinsurance products fit a diverse client base across Commercial and Personal lines markets.

Our solutions address the volatility of losses as well as unique characteristics and exposures across the spectrum of Property risks, from Treaty and Facultative automatic programs to highly customized Facultative coverage on individual risks. Solutions include commercial properties, vacant/unoccupied buildings, rehabilitation/renovation, large commercial risks, homeowners with very high-valued dwellings, seasonal dwellings, farm/ranch owners, catastrophe-exposed locations, industrial, infrastructure, and many other types.

Engineering

Our specialty underwriting teams offer solutions on large, unusual, or complex occupancies, coverages, and perils. We can provide reinsurance protection for highly volatile risks such as Construction risks, Semi-conductor, Boiler and Machinery, and Equipment Breakdown.

Engineering
Ocean Marine

Marine

We offer reinsurance solutions across a broad range of Ocean and Inland Marine exposures. To succeed in today's rapidly changing global environment, our teams combine global expertise with local know-how. Our product offerings include Ocean Cargo, Commercial Hull (Ocean/River), Yachts, Builders Risk, and Marine Liabilities.

Natural Catastrophe

Rising NatCat activity in recent years has created challenges for the insurance industry. In addition, supply chain and business interruption risks have exacerbated claims, making assets more exposed to losses. At Gen Re, an experienced team with a long-standing history in underwriting backed by a strong balance sheet will help you meet your reinsurance and business objectives.

Natural Catastrophe
Generative Artificial Intelligence in Insurance – Three Lessons for Transformation from Past Arrivals of General-Purpose Technologies
Past arrivals of GPTs offer insights into potential implications of the diffusion process of Generative AI. What do these observations imply for an insurer’s technology choices in the Generative AI adoption process? How can business leaders steer the diffusion of this technology in the organization?
Frank Schmid
Time to Limit the Risk of Cyber War in Property (Re)insurance
To date, property insurers have generally been silent on the risks that cyber war could pose to their portfolios. We talk about why now is the time for property insurers to consider the risk of cyber warfare and the potential claims that could result.
Caroline Sijbrandij
Navigating Cyber Risks in Marine and Upstream Energy Re/insurance Business: The Path to Cyber Clause JX2023-019
In October 2023 the Joint Excess Loss Committee published a new Cyber Clause to encompass the various coverages in the marine and upstream energy insurance market in one reinsurance clause. The author gives a detailed description of the clause and how it was designed to address the current challenges.
Jens Voges
Financial Analysis – Challenging Times for Many U.S. Mutual Insurers
Details the U.S. regions hardest hit by hail, tornadoes, and wind events in 2023, examining the correlation between these events and the financial results of Mutual insurers in those regions. The current year might prove to be even more devastating than the last due to high temperatures and strong atmospheric jet streams.
Timothy Fletcher, William Wilt (President of Assured Research) (guest contributor)
Production of Lithium-Ion Batteries
The demand for lithium-ion batteries (LIBs) is increasing and with it the number of LIB production facilities worldwide. Leo Ronken describes the manufacturing process, associated risks, and provides tips for underwriting.
Leo Ronken

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Customized application for clients to place Facultative Programs reinsurance.

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PRIME Learning Experience

Gen Re’s Primary Insurance Management Exercise, or PRIME, is a computer-assisted exercise only offered by Gen Re. It helps our clients better understand the decision-making processes involved in running an insurance company.

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