Sports-Related Brain Injuries Are Emerging Risk
Tuesday, 08 02 2016, Category: Insurance and Reinsurance, Country: World
Sports-related brain injuries are one of the top emerging insurance claims in the U.S. and the U.K., according to a report published by S&P Global Ratings.
While the potential risk of such liability claims is rising rapidly, S&P did not believe they would reach the magnitude of asbestos-related claims, partly because U.S. insurers have learned from their experience of asbestos-related claims, and are “increasingly drafting exclusion clauses.” And U.K. insurers are likely to follow suit.
Source: Insurance Journal