The all-party insurance and financial services group was briefed on the matter only last Tuesday. There are some 2,000 asbestosis-related deaths per annum. Average life expectancy after diagnosis of mesothelioma is one to one-and-a-half years. The average settlement is £150,000. We are therefore considering probably £15 billion over five years and perhaps as much as £30 billion over 10 or 15 years.
Compensation Bill [Lords]
Proceeding contribution from
John Greenway
(Conservative)
in the House of Commons on Monday, 17 July 2006.
It occurred during Debate on bills on Compensation Bill (HL).
Type
Proceeding contribution
Reference
449 c52
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-21 10:07:18 +0100
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