Blog | Gen Re

Our Perspective

Revision of the Road Traffic Act (Almost) Paves the Way for Automated Driving in Germany

By Mathias Schubert|June 13, 2017|English | Deutsch

On May 12 the Upper House of the German Federal Parliament (Bundesrat) approved amendments to the Road Traffic Act (RTA) setting legal requirements for automated driving beyond “partial automation” in Germany. The revised legislation came...
Read More
WannaCry Global Cyberattack - How Is It Affecting Insurers?

By Renate Kerpen|June 02, 2017|English | Deutsch

Since it began wreaking havoc on 12 May, global cyberattack WannaCry has been making the world sit up and take note. With seemingly little regard for geography, industry or user, estimates suggest over 300,000 businesses across 150 countries have been...
Read More
Get Ready for the Fourth Industrial Revolution

By Charlie Kingdollar|May 24, 2017|English

The fourth industrial revolution - or Industry 4.0 as it’s also referred to - has begun, and it’s going to create enormous socio-economic change around the world. Advances in automation, artificial intelligence and robotics will bring job...
Read More
Underwriting Clinical Trials Insurance

By Alexander Eistert |March 28, 2017|English

The latest clinical trial that clearly went wrong, and had a catastrophic result for participants, took place in early 2016 in France. A drug test concerning pain relief, it resulted in one fatality and five hospital admissions with severe adverse effects...
Read More
Four Drone Insurance Questions - You Should Have the Answers

By Jill Tumney |March 22, 2017|English

224% - that is how much the sale of drones grew in just a three-month period in 2016. Drones are taking off among businesses and consumers in the U.S., and that presents risks and opportunities for insurers. All this popularity is generating questions,...
Read More
Alarm Bells Down Under - Defective Imported Building Products

By Nicholas Murphy |February 07, 2017|English

The increasing prevalence of leaky, toxic and downright dangerous buildings has put defective building products in the spotlight in Australia and New Zealand recently. Below-standard plasterboard, inflammable exterior cladding material, and problems...
Read More