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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...
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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...
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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,...
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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...
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Do Advances in Prosthetic Technology Prompt a Different Claims Approach?

By Anna Dalton |January 04, 2017|English

One of the benefits of being a global excess of loss reinsurer is the opportunity to spot trends and share insights with our clients. One notable change we are seeing is the rise in the value of amputation claims. This can be attributed to the increased...
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Perils of Products Liability Underwriting

By Brandon Yez |August 02, 2016|English

Underwriting product liability has gotten easier over the last 10–15 years. Certainly, the explosion of the Internet and company websites provides a better look at an insured's product line than when I started in the business 20 years ago. In...
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