Topics Risk Solutions - Issue 2/2014

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Topics Risk Solutions 2/2014

The insurance industry is at times accused of doing too little in the way of innovation. In this issue, we are pleased to be able to cite further counterexamples. One of these is especially important for the life science branch, because, with this product, we are extending the limits of insurability: For the first time, we are able to offer coverage for the risk of business interruption with no prior property loss. Now, companies can insure the financial risk of a supplychain breakdown caused by changing regulatory provisions and protect their balance sheet, share price and rating.

The two other innovations primarily involve risk management. NATHAN offers flood models of a precision that is unique on the market and HSB makes it easier to calculate the power outage risk.

Topics Risk Solutions 1/2014 - Munich Re

Topics Risk Solutions

Insurance solutions for industry
Issue 2/2014

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Extract from the contents
  • Remedy for production failure:
    New product closes insurance gap for life science companies
  • Nathan: Precision flood risk calculation
  • Blackout Risk Model™ helps to calculate the financial consequences of electrical power disruptions
  • Column: Home smart home: Technology gives rise to new exposures

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