Dangers of “the new Asbestos”

The Journal (CII) Op-ed published by Illuminem

December1, 2024

https://illuminem.com/illuminemvoices/dangers-of-the-new-asbestos

With the use of so-called ‘forever chemicals’ beginning to result in lawsuits, Praveen Gupta examines the risks for the insurance markets.

Losses related to per- and polyfluoroalkyl substances (PFAS ) – referred to as the ‘new asbestos’ – ought to serve as a warning for insurers on the regulations and liabilities. However, are the lessons being learnt? PFAS are widely used in shampoo, feminine hygiene products, mobile phone screens, wall paint, furniture, carpets, adhesives, food packaging, cooking surfaces such as Teflon, firefighting foam, and the insulation of electric wire. PFAS are also used by the cosmetic industry in most cosmetics and personal care products, including lipstick, eye liner, mascara, foundation, concealer, lip balm, blush and nail polish.