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Asbestos - Defusing the asbestos time bomb.

Europe Intelligence Wire

| October 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(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 ...

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