A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry.
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses ...
Strikes, riots, and civil commotion (SRCC) insurance risks have surged, with losses escalating from negligible to over $8 billion between 2020 and 2024. Rising global unrest, fueled by inequality and ...
Claims tied to SRCC — strikes, riots and civil commotion — are emerging as a growing headache for insurers as episodes of unrest increasingly lead to the destruction of property in Western democracies ...