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To Grade Construction Defect Exposure, Know State Coverage Law

By Paul Kelejian |April 30, 2020|English

Prior to the coronavirus outbreak, the U.S. economy was performing well and the nation was at full employment. Macroeconomic conditions such as that lead simultaneously to a spike in demand for new construction and a labor shortage. History tells us...
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Mapping an Insurer’s Wildfire Exposure

By Marc Dahling |October 03, 2019|English

How big is your exposure to wildfire?...Many insurers are working hard to answer this question. Wildfire activity has expanded, in size, location and dollar losses, and reached record levels in 2017 and 2018. Given California Department of Insurance...
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A Call to Action on Supply Chain Risk

By Takashi Ishii|August 08, 2019|English | Chinese

Supply chains play the role of blood vessels in today’s global economy: When they stop running freely, different parts of the economy start to shut down, like organs in the body. Events from the past several years have demonstrated how vulnerable...
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Innovation, AM Best and Mutual Insurers - Improving Insurance Products and Services

By Nicole Massini |July 17, 2019|English

When you think about innovators in the insurance industry, do small, regional mutual insurers immediately come to mind? Perhaps not. Here in Gen Re’s Mutual Practice, though, we have seen just such companies show remarkable skills in innovation...
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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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