Sep 16, 2015 - Download the free app at: ... for tablet computers with an iOS or Android operat- ...... aspect of âindustry 3.0â, even the smallest batches of.
The magazine for insurers Facts, markets, positions Issue 2/2015
Digital revolution Automation is already changing the face of manufacturing. But how will it impact the economy? PAGE 18
D&O insurance Secure with our new app
Geothermal energy Electricity from the depths of Africa
Autonomous driving A whole new world behind the wheel
EDITORIAL
Dear Reader, The digital age is progressing more quickly than ever and has already changed production conditions in many industries. We in the insurance and financial sectors also have to prepare for fundamental change. But what impact will digitalisation have on the economy as a whole? Are we on the verge of mass unemployment and permanently low interest rates? Or will digital technology lead to a period of sustained growth? We discuss these issues beginning on page 18. Significant changes are taking place in another sector as well: unmanned aircraft are being used commercially with increasing frequency, for example in monitoring technical facilities or in agri culture. Yet legal standards for their deployment are only now beginning to be developed worldwide. Find out how insurers can best deal with this situation, starting on page 10. Managers are finding themselves under public scrutiny more than ever before. They have to make a variety of decisions daily and at the same time comply with numerous laws and provisions. Keeping an eye on all of these requirements is a challenging task, especially when a company operates internationally. With our D&O app, which we present in the article beginning on page 6, we can support managers in recognising the risks involved and insuring themselves against them in the bestpossible way. Munich, September 2015
Torsten Jeworrek Member of the Munich Re Board of Management and Chairman of the Reinsurance Committee
NOT IF, BUT HOW
Munich Re Topics Magazine 2/2015
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Unmanned aircraft are taking off Drones for all: Until recently no more than a gimmick in science fiction films, they are now very much reality. These unmanned flying objects with between four and eight rotor blades are small and highly manoeuvrable, fea turing battery-powered motors and capable of carrying small payloads. No wonder then that the commercial use of drones is increasing, for example to monitor technical installations or agricultural production. But what changes can the insurance industry expect with the advent of this new technology? >> F ind out more about this subject in the article starting on page 10 or visit our website at www.munichre.com/topicsonline/drones
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Munich Re Topics Magazine 2/2015
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Contents
The technical challenges involved in drilling for geothermal energy are immense.
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D&O INSURANCE Secure with our new app Munich Re’s D&O Scout app helps managers to understand their own personal risk and to quickly find the right insurance partner. DRONES Unmanned aircraft are taking off As the commercial use of drones grows, we look at the potential implications for insurers. TRENDS Digitalisation of the economy Digitalisation is having a profound impact at many companies. But what impact will it have on the economy as a whole? GEOTHERMAL ENERGY Electricity from the depths of Africa Munich Re has developed a new policy to cover the exploration risk and to help ensure that sufficient investors can be found for geothermal energy projects.
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Hands off the wheel: Autonomous vehicles will make drivers obsolete.
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AUTONOMOUS DRIVING A whole new world behind the wheel Technological advances will radically change the way insurers structure their motor policies. LIFE A printed heart? Just how advanced is 3D printing in medicine and what is its relevance for life insurance? CLIMATE
How can we best take advantage of the ..... estimates that house prices in 2013 were overvalued by ...... been hosting an annual information day for statistics.
Sep 15, 2014 - Twitter, Facebook, Google+, You-. Tube ..... and liability systems is best able to meet society's needs. ...... Some customers also arrange buy-.
Sep 16, 2015 - for tablet computers with an iOS or Android operat- ing system, and can be ...... However, other factors also influence exposure and vulnerability.
Jan 1, 2014 - are on Twitter, Facebook, Google+,. YouTube, LinkedIn and Xing. ... twitter.com/munichre ...... Safety-oriented investors have to constantly moni-.
Jan 1, 2014 - sumer who is only looking for the cheapest price for insurance is probably ..... Sky-high in Milan. For the first time since 1906, Milan is hosting a.
Combining this spatial knowledge with data mining and web- ..... assumed to have broken out when the lead locomo- ..... necessary related repair costs would also not be covered ..... producing half the world's hard drives, including those.
Dec 26, 2004 - exceptional events, which we analyse and evaluate in this issue of Topics. Geo. We also ..... analysis, through the evaluation of big data from.
Apr 2, 2015 - Using the D&O Scout app to assess your own risk discreetly ... events like natural catastrophes or non-physical develop- ..... Apple App Store.
As a result of the heterogeneous collection of build- ings and industries ..... swift assessment of the loss from the air will now probably become .... ios which also take account of expo- ..... the classification of apps as medical devices, such as.
Sep 30, 2014 - NATHAN MOBILE. Anywhere ..... Orleans, more than US$ 17bn for Mobile (AL), some ...... in mid-2013 was the costliest loss involving a con-.
Sep 30, 2014 - xing.com/companies/munichre .... losses, only one insurance company went insolvent after Katrina. The National .... Atlantic because they indirectly modify cloud cover ...... from a security company in the early hours of Good.