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When Two Cat Models Diverge and Neither Is Right, What Path Does an Underwriter Take?

By Andrew Zastrow |June 17, 2019|English

In our fast-paced, data-driven world, underwriters are increasingly dependent on Cat models to price individual risk locations. But can underwriters price an individual location accurately by using a model? Should they rely on one model, or average...
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Construction Risks - Is Liability Coverage Just a Commodity?

By Alexander Eistert |November 15, 2018|English | Deutsch

Europe’s construction industry is booming, with positive economic circumstances in many countries driving consistently strong growth. In densely populated areas, demand for new living space continues to grow, alongside the need for professional...
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Wildfire Probabilities Aren’t What They Used to Be – But What Are They?

By Ira Kaplan |November 13, 2018|English

*The following article was originally published in the October 2018 edition of The Bulletin for the PCI Annual Meeting. The events in California of the past weeks have highlighted the importance of careful thought around this issue. Having just emerged...
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Asbestos in Old Buildings - A Costly Addition to Fire Risk

By Sue Stein |June 27, 2018|English

How many of the risks in your property portfolio were constructed before 1982? That was the year that asbestos was banned from new construction, meaning that all those pre-1982 construction risks present potential costs in asbestos removal for both...
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Money to Burn? Recycling Risks Reconsidered

By Leo Ronken |April 24, 2018|English

The waste sector plays an important role in the global economy. Overall, the recycling industry supplies around 40% of the world’s raw material needs. The sector’s annual turnover is estimated at more than $200 billion. But recycling sites...
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Hurricane Harvey - Six Issues That May Impact Your Policy Wording

By Tedra Skelton |November 19, 2017|English

Hurricanes, floods, earthquakes, wildfires, hailstorms and tornadoes have wreaked havoc across the U.S. this year, leaving billions of dollars in damage in their wake. As an underwriter in Gen Re’s Dallas office, I am seeing the devastation from...
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