Reinsurance News
riots and civil commotion
Synthetik’s modelled scenarios suggest UK SRCC losses could exceed £4bn
19th February 2026
Synthetik Insurance Technologies’ recent report highlighted the potential for losses stemming from strikes, riots and civil commotion (SRCC) to spread across the UK, with some modelled scenarios exceeding £4 billion. The report takes the form of four trigger-based vignettes or modelled scenarios. These are based on protests surrounding asylum hotels in ... Read the full article
IQUW enhances SRCC risk modelling amid rising civil unrest and shifting reinsurance market
11th August 2025
In a Reinsurance News interview, IQUW—a property and specialty re/insurance business—shared insights into how SRCC (strikes, riots, and civil commotion) risks are evolving and how the industry is adapting. Speaking on behalf of the company were Kate Hughes, Underwriter for Political Violence & Terrorism and War, and Matt Hopwood, Man-Made Catastrophe ... Read the full article
Verisk launches SRCC catastrophe model for the US
30th April 2025
Data analytics and technology provider Verisk has released a first-of-its-kind catastrophe model to help quantify the financial impacts of strikes, riots and civil commotion (SRCC) in the United States in response to escalating insurance losses from large-scale civil unrest events recently. The Verisk SRCC Model for the U.S. can predict the ... Read the full article
Rising civil unrest and protest activity become key concerns for insurers: Allianz Commercial
11th April 2025
Civil unrest and protest activity have become a key concern for companies and insurers around the world, a recent report by Allianz Commercial has revealed. According to the Allianz Risk Barometer 2025, businesses have ranked political risks and violence as a top 10 global risk for the past three years, with ... Read the full article
Political and social division the biggest SRCC driver, poll suggests
28th February 2025
Strikes, Riots, and Civil Commotion (SRCC) are increasingly impacting the re/insurance industry with escalating costs across property damage, business interruption, and liability claims. A recent Reinsurance News poll revealed that political and social divisions are perceived as the primary driver of this increase, with 55% of respondents citing them as the ... Read the full article
Over 1 in 4 UK businesses impacted by civil unrest in 2024: Gallagher
18th February 2025
More than one in four UK businesses were affected by civil unrest in 2024, with nearly two-thirds viewing it as a major concern for 2025, according to new research by Gallagher. Gallagher conducted the study in January 2025, surveying more than 500 UK business decision-makers across companies of all sizes. Protests and ... Read the full article
SRCC claims are going to rise in more unstable world: Swiss Re’s Nikhil da Victoria Lobo
17th October 2024
At Swiss Re’s Baden-Baden media conference, Nikhil da Victoria Lobo, Head of P&C Reinsurance for Western & Southern Europe, Middle East & Africa, emphasised that rising global instability will lead to more Strikes, Riots, and Civil Commotion (SRCC) claims, stressing the importance of understanding risk accumulations and fostering partnerships to ... Read the full article
UK riot losses to be manageable for British insurers, says Morningstar DBRS
12th August 2024
Analysts at Morningstar DBRS predict that the total insured losses from the recent UK riots will be manageable for British insurers, estimating that they will remain below £250 million. The impact on the insurance industry is expected to be limited, as claims under £1 million per property can be covered by ... Read the full article
Managing the rising risks of SRCC: Pande, Swiss Re
10th June 2024
According to Mohit Pande, Chief Underwriting Officer of Property at Swiss Re, the impacts of Strikes, Riots, and Civil Commotion (SRCC) are at an all-time high, underscoring the urgent need for effective risk management and mitigation strategies within the re/insurance industry. Pande states, “From the French riots in 2023 to the ... Read the full article
Riots in France expected to pose ‘manageable’ losses for insurance industry: DBRS Morningstar
6th July 2023
The total insured losses resulting from the riots in France are expected to remain manageable for the country's insurance industry, according to DBRS Morningstar. This assessment is based on two factors: the existence of reinsurance coverage and the partial liability of the French state for some of the losses. The report suggests ... Read the full article
SRCC risks elevated globally with claims rivalling nat cats in some parts: Howden
11th April 2023
Risks related to strikes, riots and civil commotion (SRCC) have become elevated in advanced and emerging economies, with insured losses from these events in certain hot spots now comparable to major natural catastrophes, according to insurance and reinsurance broker Howden. Growing discontent across the globe linked to inequality, the cost of ... Read the full article
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