'Asbestos is not just a problem of the past, nor is there an identifiable point in the future by which we can stop worrying about its legacy'
Recent actuarial research suggests that asbestos-related claims in the UK are yet to peak in terms of numbers, size and cost. Read
to see why asbestos continues to cause so many deaths despite being banned in over 50 countries during the last century.
is a comprehensive guide to all the issues arising from the fallout of asbestos use in the developed world and its ongoing use in the developing world. Providing a complete overview of the entire asbestos industry and its complicated claims legacy,
is a must read for anyone involved with asbestos at any level.
The Run Off & Restructuring Yearbook & Directory
Inside the print edition:
Finality Mechanisms - Exit deals of 2016
US Legacy Options - One size does not fit all
Training & Education - Learning about legacy
Claims Management - A European view of run-off claims
To read an e-version of the print edition, including feature articles, click here
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US legacy options
One size does not fit all
Andrew Rothseid, of RunOff Re.Solve LLC, explores the diverse and evolving options for legal and financial finality of US legacy risks
A combination of new legislation, implementing regulations and innovative application are coming together to broaden the opportunities for accelerated closure of US-domiciled legacy liabilities and the invaluable capital this would release. What has changed and what are the key issues to consider when weighing up the evolving options? The available options are diverse. No one jurisdiction provides a single answer for all types of exposures. As a result, carriers seeking to implement these solutions must weigh up the attributes of all, rather than focusing solely on one. READ MORE