pmn vs jhx, page-3

Promina is no JHX.

If you read through PMN result's report you will see that they are very conservately provisioned for aspestos, infact provisioned for 90% level of sufficiency. The amount paid for aspestos last year was $5 million.

IAG also have a similar exposure to aspestos, and if you read through their report will see that they have provisons for aspestos also.

I think you'll find all the major insurers have provisions for aspestos.

JHX has about $1.5 billion exposure. The insurer's exposure is in the low $100millions.