Blog | Gen Re

Our Perspective

Classic Car Values Rev Into Overdrive

By Tedra Skelton |December 03, 2015|English

The classic car market is changing and values are continuing to accelerate. With interest rates staying low for many years now, classic cars have become a more attractive asset for private investors. Over the past 18-24 months, the value of some classic...
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Green Alternative to Traditional Drywalls Blamed for Millions of Losses in Denmark

By Yves Marquard |November 03, 2015|English

Magnesium oxide (MgO) mixed into cement to create thin panels, known as MgO boards, have emerged as the greener alternative to traditional drywalls in recent years. While they are not organic, tests show that MgO boards are not damaged by water; they...
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Cloudburst in Denmark - Just Another Tail Event?

By Jan Højgaard|October 22, 2015|English

One of the main purposes of a reinsurer is to cover tail events, characterized by high volatility and low frequency. Some tail events, such as the occasional large industrial loss, are predictable, while others present an opportunity for learning new...
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E&S Underwriters Are Putting Their Faith in Fac Reinsurance

By Steve Eilers |October 21, 2015|English

While recently attending the National Association of Surplus Lines Offices (NAPSLO) annual convention in San Diego, I was asked for my views on the property facultative market in the context of the E&S sector. This is an interesting time for fac...
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How Aging Dams Are Storing Up Trouble

By Tim Pappas |October 15, 2015|English

Dams are a vital part of our national infrastructure in the United States. Dams provide trillions of gallons of water for drinking, as well as for irrigation and industrial use; they also play a vital role in flood control, supplying hydroelectric power,...
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Crab Legs and Extensions of Coverage

By John Harmonay|October 08, 2015|English

In 2003 the Red Lobster seafood restaurant advertised “all you can eat” snow crab Legs. For about $20, diners were able to treat themselves to endless portions of snow crab legs. The promotion was an overwhelming success with patrons, and...
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