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(From Reinsurance)
Byline: Marc Jones.
Asbestos used to be the miracle product of the 20th century. Ships, homes and offices - it was almost literally everywhere. Times have changed however and what was once praised as a lifesaver is now cursed as a life breaker.
The world is paying the price for its love affair with asbestos as the number of people who are suffering from a range of diseases caused by the former miracle mineral soar, and insurance bills lead to bankruptcies.
The discovery that asbestos could cause a series of diseases, such as asbestosis, mesothelioma, pleural injuries and several forms of cancer, has caused severe ...