Reinsurers: 'Charge some vapers more than smokers'

Three big reinsurers have updated their underwriting and pricing guidance on vaping in the past three months, Reuters has reported. Hannover Re, which originally advised life insurers to treat vapers like smokers, has suggested that they be extra cautious about insuring people aged under 25 following a spate of e-cigarette related deaths in the US - a total that has reached 47. SCOR, in a paper this October, warned of the toxic effects of nicotine, recommending that life insurers treat vaping like smoking, with exclusions for individuals who use vaping products which are considered by...