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Property, Engineering, Marine

With Gen Re’s full range of products and highly trained specialists, you’ll find the reinsurance solution that’s right for you.

We offer Treaty and Facultative (Individual Risk and Program) reinsurance solutions for a broad range of Property exposures and coverages including:

Commercial Property, Personal Lines, Engineering, Agriculture, Marine, Boiler & Machinery, Machinery/Equipment Breakdown, and Natural Catastrophe perils. Our solutions can reduce volatility in your books and protect your company’s balance sheet. As a direct reinsurer, we underwrite and assess risk alongside you, sharing expertise and technical knowledge – all with the goal of helping you meet your reinsurance and business objectives.

Property

Property

The risks in the commercial and industrial sectors are manifold and are characterized by rapid technological changes. Our Property reinsurance products fit a diverse client base across Commercial and Personal lines markets.

Our solutions address the volatility of losses as well as unique characteristics and exposures across the spectrum of Property risks, from Treaty and Facultative automatic programs to highly customized Facultative coverage on individual risks. Solutions include commercial properties, vacant/unoccupied buildings, rehabilitation/renovation, large commercial risks, homeowners with very high-valued dwellings, seasonal dwellings, farm/ranch owners, catastrophe-exposed locations, industrial, infrastructure, and many other types.

Engineering

Our specialty underwriting teams offer solutions on large, unusual, or complex occupancies, coverages, and perils. We can provide reinsurance protection for highly volatile risks such as Construction risks, Semi-conductor, Boiler and Machinery, and Equipment Breakdown.

Engineering
Ocean Marine

Marine

We offer reinsurance solutions across a broad range of Ocean and Inland Marine exposures. To succeed in today's rapidly changing global environment, our teams combine global expertise with local know-how. Our product offerings include Ocean Cargo, Commercial Hull (Ocean/River), Yachts, Builders Risk, and Marine Liabilities.

Natural Catastrophe

Rising NatCat activity in recent years has created challenges for the insurance industry. In addition, supply chain and business interruption risks have exacerbated claims, making assets more exposed to losses. At Gen Re, an experienced team with a long-standing history in underwriting backed by a strong balance sheet will help you meet your reinsurance and business objectives.

Natural Catastrophe
Generative Artificial Intelligence in Insurance – Three Lessons for Transformation from Past Arrivals of General-Purpose Technologies
Past arrivals of GPTs offer insights into potential implications of the diffusion process of Generative AI. What do these observations imply for an insurer’s technology choices in the Generative AI adoption process? How can business leaders steer the diffusion of this technology in the organization?
Frank Schmid
Cat Bonds – A Threat to Traditional Reinsurance?
In this article we give insights to Cat Bonds and compare them with traditional reinsurance, highlighting that while Cat Bonds offer collateralized protection, traditional reinsurance remains more flexible and cost-effective.
Dr. Jonas Kaiser
PFAS Awareness and Concern Continues to Grow. Will the Litigation it Generates Do Likewise?
While PFAS chemicals were largely phased out in the early 2000s, myriad other individual PFAS are still being used commercially, with one study having identified more than 2,000 distinct uses for roughly 1,400 individual PFAS combinations spanning industries. Here’s a recap of U.S. PFAS litigation.
Timothy Fletcher
“Weather” or Not to Use a Forensic Meteorologist in the Claims Process – It’s Not as Expensive as You Think
Insurers should consider several factors when retaining a forensic meteorologist for its claims investigations. Our overview should provide a better understanding of the specialty of forensic meteorology and its place in the claims process.
Jonathan Nieman, Daniel Schreiber (Senior VP of Meteorology at J.S. Held) (guest contributor)
Foundries – A Challenging Class of Business from a Property Insurance Perspective
Read our new blog on foundries – an overview of foundry operations, processes, and risks from an insurance perspective. It covers foundry technologies, hazards, protective measures, and key underwriting considerations when insuring foundries.
Leo Ronken

Tools and Resources

Gen Re Connect

Customized application for clients to place Facultative Programs reinsurance.

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PRIME Learning Experience

Gen Re’s Primary Insurance Management Exercise, or PRIME, is a computer-assisted exercise only offered by Gen Re. It helps our clients better understand the decision-making processes involved in running an insurance company.

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