Climate change | Insurance
Emerging Risks - PFAS
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PFAS (per- and polyfluoroalkyl substances) are man-made chemicals which have been used in products ranging from food packaging, to waterproof clothing, to firefighting foams, for decades. Scientific research into these substances connects them with various diseases and increasing awareness of their dangers coupled with the slow pace of phasing them out of use, means that they pose a significant liability risk. Increased awareness of their health risks has already led to mass claims activity beginning in the United States.
In our content we touch on the technical nature and regulations surrounding PFAS chemicals, the claims landscape from an international perspective and the current developments emerging in the US. We also discuss what makes PFAS harmful, how they are regulated and considerations for insurers.
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