Political Violence in a dynamic risk environment, with Markel’s Matthew Brooke: SRCC top challenge; War Risk getting closer to home
About this episode
Matthew Brooke discusses the evolution of political violence underwriting in a changing geopolitical landscape.
Matthew Brooke is a senior war and terrorism underwriter at Markel. In this episode he explores how political violence underwriting is evolving within an increasingly uncertain geopolitical environment globally. The conversation begins with Matthew’s role, background and Markel’s political violence portfolio, before moving into how insurers are balancing portfolio management, market competition and risk selection across war, terrorism, sabotage, and civil unrest perils. With social unrest emerging as a persistent challenge for many regions, the discussion also examines how war risk perceptions are shifting, including why some threats now feel closer to home for insureds and underwriters alike. The episode closes by assessing geopolitical uncertainty, buyer behaviours, and the stickiness of political violence demand across some different countries and perils. Enjoy!
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