Blog | Gen Re

Our Perspective

Chimney Fires and a Burning Question - Why Not Stainless Steel Liners?

By Mike Griffin|March 29, 2016|English

During an unusually cold U.S. winter in 2015, many insurance companies saw an increase in the number of chimney fire claims reported when homeowners increased their use of wood stoves. Annually, an average of 22,700 fireplace and chimney fires cause...
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Business Interruption Risk and Its Relationship With the Global Economy

By Takashi Ishii |March 16, 2016|English

The risk of business interruption is a major concern for corporate managers worldwide. In a 2015 survey about corporate risk management,1 which studied more than 1,400 companies worldwide, “business interruption” is ranked seventh, after...
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How Green Construction Will Change Property Insurance

By Geoff Piggot|March 01, 2016|English

The main goal of the Paris Agreement, negotiated during the recent UN climate talks in December 2015, is holding “the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels and pursuing efforts to...
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3D Printing - Implications for Property Underwriters

By Uli Boeing|February 25, 2016|English

I have to admit that I haven’t always been an early adaptor of technological advances but now, a few years and four children later, I find myself fully involved in this brave new world. I order my Christmas gifts online, take photos of my checks...
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“You Must Unlearn What You Have Learned” - Underwriting Success

By John Stubbs |January 31, 2016|English

In The Empire Strikes Back, Yoda gives Luke Skywalker some sage advice, “You must unlearn what you have learned.” With so many changes in insurance and technology, we would be wise to also consider this advice. 1. Unlearn what we first...
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Towering Infernos – Aggravating Factors in Skyscraper Fires

By Jon Sigwart|January 14, 2016|English

The property market in the United Arab Emirates (UAE) has experienced a number of fires at high profile skyscrapers, most recently on New Year’s Eve at the Address Downtown Hotel located near the world’s tallest building, the Burj Khalifa....
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