Major Insurance Firm Warns of Losses Due to Health Effects of EMFsselfnews Post In 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 radio frequency electronagnetic fields [including those emitted by Smart Meters Ed.] as potentially carcinogenic to humans (Class 2B carcinogen). 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. Original link to this story: More on this: 