Blog | Gen Re

Our Perspective

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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The Truth About Earthquake Losses

By Claire Abel |October 06, 2015|English

Underwriting fire risk is relatively routine for property underwriters. We’re comfortable setting an estimated maximum loss for fire damage, and we’re confident that we have enough data to determine reasonable loss costs. We can also set...
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What’s Fueling Record Wildfires in the U.S.? [Infographic]

By Chris Beston|September 16, 2015|English

As wildfires continue to burn throughout the western states, there are specific areas of concern for underwriters. As part three of our wildfire series, this Infographic gives an overview of the current wildfire situation in the U.S. and provides a...
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The Tianjin Port Explosion

By Tom Qiu|September 07, 2015|English | Français

On 25 August 2015, upon an invitation from local Chinese clients, the Gen Re China team visited the site of the recent Tianjin Port explosion. A field inspection of the affected area was conducted within the 1km to 3km radius. Access within the 1km...
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Are Property Premiums Depressed by Underinsurance?

By Geoff Piggot|September 03, 2015|English | Français

Speak to any property underwriter and the conversation quickly turns to how “soft” the market is and how low the rates are. But one thing rarely mentioned is the amount of premium that isn’t paid due to incorrect valuations on property...
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Are Real Estate Companies Underinsured in Latin America?

By Viviane Mardirossian |August 24, 2015|English | Español

Insurance policies are normally stored in drawers and removed from the “to do” list after the negotiation process. It’s a mission accomplished every year. But how many insureds are really aware of the conditions of the coverage they...
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