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Review warns insurers to check nanomaterial liability

A review on liability insurance related to nanomaterials has been published by Switzerland-based consultancy, The Innovation Society.

The review says that nanomaterials may be implicitly covered in insurance policies, and recommends that liability insurers check their portfolios to assess which kind of nano-related risks they covered. At the same time, it says, scientific data on potential risks of specific nanomaterials and regulatory developments have to be constantly followed. Unexpected losses in liability could be avoided if appropriate underwriting options are developed.

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