UK Insurers could save £1.4bn from plaques decision
Deloitte has estimated that today’s House of Lords ruling on the asbestos-related condition, pleural plaques, may reduce future claims to insurance companies by up to £1.4 billion, in relation to their UK asbestos liabilities.
Deloitte’s calculations have been based on the estimates produced by the Faculty and Institute of Actuaries’ 2004 Working Party on UK Asbestos, which estimated that the future cost to the insurance
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