Gen Re

New blog: "Phthalates - Why Now and Should We Be Worried?"  https://lnkd.in/exGkQ_ec Phthalates are widely used in consumer products, including healthcare products – and so, an emerging health concern. Our blog from Claims Executives Allison Harmony and Kent Willis review the current regulations, recent litigation, and potential insurance implications with the evolving risks associated with phthalates exposure claims. #GeneralLiability #CommercialLines #CommercialUmbrella 

Read our new blog: "Alzheimer’s Disease Overview – Detection and New Treatments" https://lnkd.in/eWZmar_G New anti-amyloid antibody treatments show promise in slowing Alzheimer’s progression in early stages. Challenges include identifying suitable patients, managing side effects, and navigating coverage. Cecil Ramotar, Sr. Underwriting Executive, provides a comprehensive overview of the disease and emerging treatment’s potential impact. #alzheimers #alzheimersawareness #dementiaawareness #LifeInsurance #InsuranceClaims

Read our new blog on "The Key Elements of Critical Illness Definitions for Mental Health Disorders": https://lnkd.in/eKGnFz7H Critical illness insurance rarely covers mental health disorders despite their significant impact. This article by Sarah Hogekamp examines the key elements for defining severe schizophrenia as a covered condition, including diagnosis criteria, severity assessment, and claims monitoring. Compared to typical #CI conditions such as cancer, schizophrenia can't be diagnosed by imaging tests or biomarkers, and is often associated with stigma. Insurers can reduce stigma by offering comprehensive CI products with robust mental health benefits. More information on mental health can be found here: https://lnkd.in/egkTv9TP #CriticalIllnessInsurance #mentalhealth #WorldMentalHealthDay

Read our new blog: "The Hidden Costs of Convenience - The Impact of Food Delivery Apps on Auto Accidents" by Cardine Zalenski, Claims Executive. https://lnkd.in/eaGDY8Wx As the gig economy expands, a trend is emerging: more auto accidents. This uptick will likely lead to a rise in insurance claims, as delivery drivers and the food delivery app companies they work for face escalating costs and legal challenges. Insurers can play a role in addressing safety concerns. #AutoInsurance #GeneralLiability #CommercialLines #CommercialUmbrella

Read our new blog on cannabis as a medical treatment: https://lnkd.in/eJfd5rSP The use of #cannabis as a medical treatment continues to grow, but how effective is this substance? It is generally accepted that the misuse of substances such as cannabis can have a significant impact on mortality. Dr Chris Ball, Consulting Medical Advisor and Graeme Urquhart, Underwriter, Gen Re London, discuss various opinions and studies on the effectiveness of cannabis for certain conditions. The challenge of underwriting the individual within a consistent, evidence-based risk framework has become more relevant. #insurancerisk #medicalunderwriting

Read our new blog: "Focus Groups and Shadow Juries – Telling a Persuasive Story for Trial": https://lnkd.in/dcQuCP8B How does a defense team persuade a jury to deliver the desired ending? This article explains how the effort and expense of engaging a focus group could be useful in preparation for a trial - and offers suggestions on how to utilize shadow juries during a trial. Hear from P&C Claims Executives Rebecca Selinger, CPCU and Tim Hayden. #ClaimsManagement

Congratulations to our very own Cindy Sng, Chief Executive & Chief Financial Officer - Singapore, and Michelle Yoshida, CPCU, ARe, ASLI, Vice President, New York Casualty Facultative Branch Manager, for being recognized on the list of "Elite Women in ReInsurance" by Insurance Business Magazine. #ThePeopleBehindthePromise We also congratulate all the other winners in the list of prominent female reinsurance leaders across APAC, North America, and UK: https://lnkd.in/eZMGrRPb

Read our new blog: "Gearing Up for Group Life Peak Season" https://lnkd.in/exbA7zMV For U.S. Group Life carriers, this is the season where Evidence of Insurability applications are on the rise – for some companies, 75% of annual applications are received and processed during “peak season”. Joseph Iannetti, Chief Underwriter – Medicare Supplement & Group Life, has a look at the main challenges and some underwriting suggestions. #GroupTermLife #TermLifeInsurance

Read our new blog: "PFAS – Rougher Waters Ahead?" https://lnkd.in/ezyYXWc8 Recent U.S. regulatory activity and lawsuit outcomes concerning #PFAS chemicals point to a decades-long slog for the insurance industry. This group of synthetic “forever" chemicals, known for their ability to resist moisture so they are difficult to break down in the environment, have come under intense regulatory and scientific scrutiny, with ominous concerns being raised as to the adverse health consequences and astronomical remediation costs associated with them. Tim Fletcher, Sr. Emerging Issues Specialist, discusses PFAS’ pervasiveness and the suspected health impact, legal and regulatory developments, and how insurers should respond to this growing threat. #GeneralLiability #CommercialLines #CommercialUmbrella 

Read our new blog: "Key Takeaways From Our U.S. Claims Fraud Survey" https://lnkd.in/e48BX5B8 Insurance fraud is a global threat for all lines of business, with significant financial repercussions. In the U.S. alone, #insurancefraud is estimated to cost the industry approximately $308.6 billion per year. Jason Weesner, CFE, CIFI, FCLS, Head of Global Special Investigations (Forensics), has a snapshot of findings from Gen Re’s 2024 U.S. Insurance Claims Fraud Survey.