Report on asbestos and European insurers

A special report, ‘Asbestos: Too Hot to Handle for European Insurers?’ produced by Fitch Ratings, suggests that asbestos-related disease will be more widespread in Europe than in the US with a significantly higher incidence rate per head of population. However, it concludes that European insurance groups’ asbestos exposures are currently expected to be moderate and manageable for the vast majority of firms.