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Technical report - Emerging perils: seven things you should be worried about.
(From Reinsurance)
Scientists often get very excited about new discoveries and inventions. Words like 'miracle' and 'ground-breaking' tend to be flung about with abandon. (Re)insurers tend to hear this, sigh a great deal and wait for the bad news that lurks behind nearly every new scientific development. At the back of people's minds is often the unspoken question: "Will this be the next asbestos?"
Emerging risks is one of the areas of the market that is the most difficult to predict. Being able to assess the threat level of a new substance or a new product is never easy, especially as it often takes time to gauge the long-term effects that it might ...
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