Thursday, March 6, 2014

Insurance firm, Swiss Re, warns of large losses from “unforeseen consequences” of wireless technologies

 (remember, all they would have to do is use different frequencies than they choose to use, and the health affects could actually be helpful for health . . .)

 Specialists from the Emerging Risks team at leading global reinsurance firm, Swiss Re, are warning the insurance industry that “unforeseen consequences of electromagnetic fields” could lead to a raft of claims and significant product liability losses in the next 10 years.

SwissReIn its Swiss Re SONAR Emerging Risks report, 2013, which covers risks that could “impact the insurance industry in the future”, the company categorises the impact of health claims related to electromagnetic fields (EMFs) as ‘high’.  It acknowledges recent reports of courts ruling in favour of claimants who have experienced health damage from mobile phones, and also says that anxiety over risks related to EMFs is “on the rise”.

“Studies are difficult to conduct, since time trend studies are inconsistent due to the still rather recent proliferation of wireless technology”, the Risk team writes.  “The WHO has classified extremely low-frequency magnetic fields and radiofrequency electronagnetic fields [including those emitted by Smart Meters - Ed.] as potentially carcinogenic to humans (Class 2B carcinogen).”

The document states that whilst the majority of the topics covered in its pages were of “medium impact”, health issues associated with EMFs sit in the highest impact category.  Other topics discussed include the dangers of cyber attacks, power blackouts, workplace safety and Big Data – all of which are exacerbated and/or added to by the UK’s ill-conceived Smart Metering programme.
Swiss Re, the reinsurance firm behind the report, defines Emerging Risks as “newly developing or changing risks that are difficult to quantify and could have a major impact on society and insurance industry”.  By placing  EMFs in the “High” potential impact-zone, it is suggesting that there may be potentially “high financial, reputational and/or regulatory impacts or significant stakeholder concern” in the next 10 years or more.

“If a direct link between EMF and human health problems were established, it would open doors for new claims and could ultimately lead to large losses under product liability covers.  Liability rates would like rise.”

Read the report here:  Swiss Re SONAR – SONAR_+Emerging_risk_insights_from_Swiss_Re.pdf.

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The Black Sheep tries to warn its friends with the truth it has seen, unfortunately herd mentality kicks in for the Sheeple, and they run in fear from the black sheep and keep to the safety of their flock.

Having tried to no avail to awaken his peers, the Black Sheep have no other choice but to unite with each other and escape the impending doom.

What color Sheep are you?