Global civil unrest on the rise and insurance claims?
According to a recent study by Chaucer, the last year has seen a 3% increase in the number of incidents of civil unrest globally, with the number of incidents rising to over 30,000.
Whilst unrest has been witnessed across the whole of Europe, France has seen the greatest increase, with a 55% increase in incidents in the first quarter of 2023. This increase follows anger after pension reforms and further unrest in recent weeks in response to a fatal shooting by Police. The civil unrest in France has led to strikes, transport cancellations, lootings, damage to public buildings and violence.
Consideration for insurers
Inevitably, damage arising from the protests may lead to an increase in claims under contents, buildings, business interruption, professional indemnity and political violence policies. Whilst most policies exclude damage (and subsequent interruption) arising from riots and civil commotion, insurers should be aware of the growing demand for this coverage. For insurers who do give such, it would be sensible to review their risk modelling and policy wordings given the potentially systemic nature of riot and civil commotion losses.
Contents
- The Word, July 2023
- Insurance business transfers: Clarity is key - (another) reminder from the courts
- Changing seas (literally) - Arctic melt sparks regulatory and insurable loss concerns
- How does Chilean freight crime affect insurers?
- Insurance risks: ESG supply chain violations in Western countries
- Nevada state bans ‘defense within limits’ insurance policy provisions
Key contact
Tim Johnson
Partner
tim.johnson@brownejacobson.com
+44 (0)115 976 6557
Related expertise
You may be interested in...
Press Release
Browne Jacobson to lead discussions on the future of real estate and infrastructure at this year’s UKREiiF 2024 event
Legal Update
A reflection of FIMA Connect 2024
Published Article
English Commercial Court rules against Russian exclusive jurisdiction clauses
Legal Update
The Baltimore bridge collapse: One of the biggest losses in maritime insurance history?
Legal Update
The EU AI Act: What does it mean for insurers?
Legal Update
FCA and FOS set out strategic plans for 2024 and beyond
Legal Update
The space data revolution
Legal Update
New guidance on supporting autistic customers for the insurance industry
Legal Update
Chubb ordered to indemnify SXSW for Covid cancellation
Legal Update
Understanding the ICO's new fining guidance
Legal Update
Unravelling the challenges and opportunities in UK sports governance
Press Release
Browne Jacobson advises European micromobility insurtech Laka on investment from Achmea Innovation Fund
Legal Update
Cyber-attacks in UK universities: Why failing to prepare is no longer an option
Legal Update - The Word
The Word, March 2024
Opinion
Caregivers at work: Navigating new carer's leave regulations
Legal Update
Commercial Court considers requests for stay or anti-suit injunction where two competing reinsurance wordings
Opinion
EHRC publishes new guidance on menopause and the workplace
Legal Update
Parametric flood policies - Insurers no longer in uncharted waters?
Legal Update
LockBit unlocked: International taskforce takes down major cyber criminal organisation
Legal Update - Consumer Duty
80% of GAP market pause sales amid Consumer Duty concerns
Legal Update
FCA writes to MPs over car insurance premiums. What do increases mean for fraud?
Legal Update
Biodiversity Net Gain: A new landscape for restoration clauses
Legal Update
The regulators’ pet project
Legal Update
Welsh Government inks new regulations for Acupuncture, Body piercing, Electrolysis and Tattooing
Legal Update
Insurance and the escalating situation in Suez Canal
Legal Update
Update: Further debates on the Automated Vehicles Bill in the House of Lords this month
Legal Update - The Word
The Word, February 2024
Legal Update
The Home Affairs Committee launched another inquiry into fraud - Stop! Think Fraud
Legal Update
Progress on the Automated Vehicles Bill
Legal Update - The Word
The Word, January 2024
Legal Update
Voldemort causes havoc at Sellafield – nuclear risks and insurance policies
Legal Update
Adapting to change or falling behind? The FCA under fire from the National Audit Office
Legal Update
A blow to manufacturers as Thai Court confirms insurers’ denial of cover in wind turbine case
Legal Update
Premium finance – a poverty premium
Legal Update
'Clear and unambiguous' exclusions: Cameron Soule v Woodward Design + Build LLC
Legal Update
Follow the leader: Insurers using algorithmic underwriting
Legal Update
Insurance Insights 2024
Legal Update
Statutory assignment to insurers not caught by no-assignment clause
Legal Update
Court of Appeal decision again demonstrates the need for reform of the Solicitors Minimum Terms
