About this episode

This episode discusses the increasing importance of SRCC in insurance portfolios and the challenges in modelling related risks.

Strikes, riots and civil commotion (SRCC) have moved from the margins of property and political violence portfolios into sharper focus for insurers and their reinsurers. This special episode with Lockton Re features senior catastrophe modeller George Wragg and consultant Paul Upton, along with Blackthorn head of advisory Jerry Smith. They discuss why the SRCC threat is important, the sociopolitical forces driving social unrest, how SRCC losses can accumulate across insurer portfolios, and the serious data and analytics challenges that face the early attempts at SRCC catastrophe risk modelling.

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