Asbestos-related disease in the UK will cost £8-20bn

The Actuarial Profession has published new research which reveals that that the total future UK cost of asbestos-related diseases is in the range £8-20bn. The UK insurance industry is expected to face half this cost (£4-10bn). More than half of this sum will be for mesothelioma, claims for which will continue to rise for the next ten years.