Blog | Gen Re

Our Perspective

The Cost of Property Insurance Fraud – And How to Avoid It

By Beth Albano |September 23, 2021|English

Webster’s Dictionary defines fraud as “deceit; trickery; trick; imposter; cheat.” Fraud can occur at any point in an insurance transaction – from the application for insurance to the conclusion of a claim. We recognize common...
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Evaluating Tornado Risk

By Marc Dahling and Jim Whamond |April 28, 2021|English

Nearly a decade after our last study in 2012 of tornado frequency across the U.S., we were recently interested in reviewing those findings to see if the conclusions were still valid today. Comparable to the urgent questions that are now being asked...
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U.S. Population Shift - De-Urbanization and What It Means to Insurers

By Lonnie Van Houten |March 25, 2021|English

We are now more than a year into the COVID‑19 pandemic, and social distancing, masks and hand sanitizers are still the norm. Many workers, such as those in the service and hospitality industries, don’t have the luxury of working remotely, causing...
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Maintaining Accurate Property Valuations Requires Renewed Focus in a COVID World

By James Kenworthy and Shannon Dowd |March 10, 2021|English

Currently a lot of attention is focused on movement in rates. However, that is only half the story: determining the correct insured value is vital. As any Property underwriter will tell you, the basic building blocks for determining an appropriate...
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Bitcoin Mining Facilities - What Property Insurers Should Know

By Peter Hakenen |February 24, 2021|English

Bitcoin mining facilities are not your traditional data processing centers. Over the past decade I've had the opportunity to review the property specifications of dozens of data centers, including many cryptocurrency mining facilities. In my experience,...
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A Claims Perspective of P&C Issues - More of the Same to Come?

By Glenn Frankel |February 04, 2021|English

I joined Gen Re last May, and 2020, to say the least, was a tumultuous and challenging year, both professionally and personally. And the events at the U.S. Capitol got 2021 off to a turbulent start. But we’ll rebound, and at Gen Re we look forward...
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