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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.
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).”
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 program.
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.
Activist Post: Human Rights group calls on World Bank to acknowledge role in the mass killing of one million Indonesians
The Oscar-nominated documentary THE ACT OF KILLING was projected on the World Bank headquarters in Washington, D.C. Thursday in an action by the East Timor and Indonesian Action Network. The group is calling on the World Bank to acknowledge its role in the 1965 military coup in Indonesia that lead to the massacre of an estimated one million civilians. The World Bank helped prop up the corrupt government of Suharto, the general who lead the coup and ordered the mass killings. The Bank sent the Suharto regime $30 billion in development aid over the course of three decades despite knowing $10 billion had been looted by the government.
“THE ACT OF KILLING powerfully highlights the ongoing impunity within Indonesia for the 1965 mass murders,” said John M. Miller of the East Timor and Indonesian Action Network. “Tonight we highlight the World Bank’s support for the Suharto regime, which knowingly backed his corrupt government while his post-coup body count climbed. We urge the World Bank to acknowledge its role in Suharto’s many crimes and to apologize and provide reparations to the survivors. Institutions like the World Bank must also be held accountable for their financial assistance to the murderers and decades of support as they continued to violate human rights.”
“The World Bank gave $30 billion dollars to a dictator who killed an estimated one million of his own citizens,” said THE ACT OF KILLING filmmaker Joshua Oppenheimer. “The murderers spent years profiting off of their heinous crimes with the World Bank and other global financial institutions footing the bill.”
THE ACT OF KILLING, currently Oscar-nominated for Best Documentary feature, has been recognized as one of the best films of 2014. The film has received over 60 awards including Best Documentary from the British Academy of Film and Television Arts (BAFTA). While the mass killings of 1965 are an open secret in Indonesia, the government has never acknowledged or apologized for sponsoring the murders. THE ACT OF KILLING, which has been shown in thousands of private screenings and is available free online throughout Indonesia, is empowering victims’ families to demand reparations from the government for the first time.
About East Timor and Indonesian Action Network
The East Timor and Indonesia Action Network (ETAN) advocates for democracy, justice and human rights for Timor-Leste, West Papua and Indonesia. In 2012, the government of the Democratic Republic Timor-Leste awarded ETAN the Order of Timor (Ordem Timor) for its role in the liberation of the country. More information about ETAN can be found at: http://www.etan.org
About THE ACT OF KILLING
In THE ACT OF KILLING, directed by Joshua Oppenheimer and executive produced by Errol Morris and Werner Herzog, the filmmakers expose a corrupt regime that celebrates death squad leaders as heroes.
When the Indonesian government was overthrown in 1965, small-time gangster Anwar Congo and his friends went from selling movie tickets on the black market to leading death squads in the mass murder of over a million opponents of the new military dictatorship. Anwar boasts of killing hundreds with his own hands, but he’s enjoyed impunity ever since, and has been celebrated by the Indonesian government as a national hero. When approached to make a film about their role in the genocide, Anwar and his friends eagerly comply—but their idea of being in a movie is not to provide reflective testimony. Instead, they re-create their real-life killings as they dance their way through musical sequences, twist arms in film noir gangster scenes, and gallop across prairies as Western cowboys. Through this filmmaking process, the moral reality of the act of killing begins to haunt Anwar and his friends with varying degrees of acknowledgment, justification and denial. More information about the film can be found at http://actofkilling.com/.